Report
EUR 13.93 For Business Accounts Only

For OFFSHORE OIL ENGNR, the environment deterioration entails a downgrade to Neutral

OFFSHORE OIL ENGNR (CN), a company active in the Oil Equipment & Services industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date February 1, 2022, the closing price was CNY 4.45 and its expected value was estimated at CNY 4.56.
Underlying
Offshore Oil Engineering Co. Ltd. Class A

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.

Provider
TheScreener
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