CNOOC Ownership

CNOOC holds a total of 44.58 Billion outstanding shares. CNOOC shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.02 percent of CNOOC outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it. Some institutional investors establish a significant position in stocks such as CNOOC in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of CNOOC, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CNOOC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.