CNOOC Bernstien's top pick among APAC oil equities By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2025
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Source: Investing.com
CNOOC's Investment Appeal: CNOOC has been identified by Bernstein as the top pick among Asia-Pacific oil equities for 2025, highlighting its strong financial performance, high free cash flow yield of 11%, and undervalued stock position despite expected declines in oil prices.
Market Context and Challenges: Chinese oil majors, including CNOOC, are outperforming the market due to superior cash flow and dividend yields, but face challenges from potential supply growth outpacing demand and geopolitical uncertainties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
