Cnooc is a holding company. Co.'s entire oil and gas exploration, development, production and sales business in the People's Republic of China (PRC ) is owned and conducted by CNOOC China Limited, its wholly owned subsidiary in the PRC. Co.'s oil and gas exploration, development and production business outside the PRC is owned and conducted by CNOOC International Limited, its wholly owned subsidiary incorporated in the British Virgin Islands, or owned and conducted by CNOOC Petroleum North America ULC, a wholly-owned subsidiary of Co. located in Canada, or directly owned by Co. We show 1 historical shares outstanding datapoints in our coverage of CEO's shares outstanding history.
Understanding the changing numbers of CEO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CEO versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CEO by allowing them to research CEO shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
