echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > "Three barrels of oil" gathered together to add new vitality to the capital market

    "Three barrels of oil" gathered together to add new vitality to the capital market

    • Last Update: 2022-05-09
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On April 21, CNOOC, which has attracted much attention from the capital market, was officially listed for trading


    Listed companies held by central enterprises are an important force in the capital market


    Judging from the operation of "Three Barrels of Oil", benefiting from the overall recovery of oil and gas prices and the increase in production and sales, the performance of "Three Barrels of Oil" will increase significantly in 2021, with a total profit of 2,336.


    Judging from the development trend of the world's oil and gas industry, major oil companies are actively returning to local resource development and increasing the proportion of natural gas production


    At the same time, the capital market has also provided financing, mergers and acquisitions, development and growth support for the reform of state-owned enterprises, and pushed the state-owned enterprises to move forward in a deeper and wider field


    In addition, with the further deepening of the reform of state-owned enterprises, the operating efficiency and vitality of state-owned enterprises are expected to increase, which will boost the improvement of industry fundamentals and corporate profits, drive the restoration of industry valuations, and highlight the value of investment


    The issuance and listing of CNOOC is the largest A-share IPO in China's energy industry in the past 10 years.


    It is believed that the listing of CNOOC will play a major role in ensuring the national energy security for the in-depth implementation of the "Ocean Power" strategy; promote the return of CNOOC's valuation to a reasonable value, and realize the preservation and appreciation of state-owned capital; support the healthy development of the domestic capital market, Enable domestic investors to share CNOOC's growth dividends and cash returns, play the leading role of the "chain master" of the industrial chain, and ultimately promote the high-quality development of the capital market


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.