Offshore Oil Engineering (A) (SC SH)

Offshore Oil Engineering is engaged in the design and construction of offshore oil and gas E&P projects and onshore terminals; construction and installation of wharf steel structures; laying of submarine pipeline and cables; loading, transportation, installation and commissioning of jacket platforms; testing and maintenance of offshore and onshore facilities; manufacture of pressure vessels; contracting of overseas offshore oil engineering and domestic international tender projects; survey, consultation, and design of overseas project; and processing of raw materials and assembly parts for clients.
  • Ticker600583
  • ISINCNE0000019T2
  • SectorOil Equipment, Services & Distribution
  • CountryChina

Analysts

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

EM Remains In Favor; Shanghai Comp Breaking Out A weakening US dollar (DXY) continues to be a major tailwind for both EM equities and the commodity Sectors. Improving price and RS trends for these risk-on areas of the market are among the many characteristics consistent with historical bull markets. Therefore, we continue to label this a bull market and we believe global equities are still in the early innings of a broad-based advance. • EM Equities. Price action has remained weak for the US dollar (DXY), which has been great news for EM equities. As outlined in our 12/19/19 Int'l Compass an...

With a more favourable environment, OFFS.OIL ENGR.CO.LTD. improves to Slightly Positive

OFFS.OIL ENGR.CO.LTD. (CN), a company active in the Oil Equipment & Services industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date December 20, 2019, the closing price was CNY 6.55 and its potential was estimated at CNY 7.36.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Offshore Oil Engineering Co Ltd (600583) - Oil & Gas - Deals and Alliances Profile

Summary Offshore Oil Engineering Co Ltd (COOEC), a subsidiary of China National Offshore Oil Corp, is a general engineering contractor that offers offshore engineering construction services. The company provides engineering, procurement, construction, installation, maintenance and underwater engineering services. Its construction services offers construction, installation, connection and commissioning of various jackets, blocks, single point mooring and FPSO upper module. COOEC undertakes design, consultation and field technology service for shipment and marine transport. The company also pro...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...