CNOOC Limited (ADR) (CEO)

Once the world economy ramps up, the demand for oil will increase, therefore increasing the price of oil. CEO has good numbers and lower debt than its competitors.

Call based on technical analysis. Downtrend until further notice....

China is expected to grow over 10,000% in the next 40 years while the US is projected to grow only 300%. While most oil and gas companies will most likely not last that long, there is no doubt that the big Chinese companies will ride this wave as long as they possibly can. Buy China,and if youre looking to retire wealthy and have at least a 20 year cushion, buy safe and buy big. Relatively, there's less opportunity for catastrophic losses in these big guys, especially if you diversify among most of them, and you will still get great returns.

Top 20 pick on the WSB20. Waiting for a pullback to reenter this longtime bean favorite.

wallstreetbean.com

Energy demand will increase

I set a screen with the following: Greater than 15% 13 week price change, $10 cash per share or more, greater than 15% institutional ownership, and EPS of $5 or more. The idea was to look for companies that are in acquisition mode (or targets thereof).

going green means china will make gasoline for US in the new refinery in 2012

CNOOC is entering Angola, now Africa's largest oil producer. Angola has been only recently explored and still has further potential.

Wikipedia:
"CNOOC has been accused of abuses of Human rights in Burma. The campaign group Arakan Oil Watch stated in a report that “left behind such a trail of abuses and environmental contamination on Ramree Island that outraged locals attacked their facilities."

Good value versus industry, low debt, strong profitability

China's economic growth and increasing role in oil energy.

China will have to find & refine more oil as the population evolves

This company gets 51% of new resources found in the area it is in. It will also benefit from the falling dollar like many ADRs.

There supply of oil will not keep up with demand, Alternative energy sources, although promising, will be slow to materialize and will not keep up with demand.

I'm in this for a few years if all goes well, to reap benefit from China's growth plus the energy rebound. I bought at $114 just last month and it's already rebounding nicely due to its great value factors and energy prices creaping back up. And its HUGE free cash flow (and $6B in net cash) mean the 4.1% dividend is safe.

How can you bet against a oil and gas company in China with their population requiring more and more each year!

Largest offshore oil driller in China. China needs offshore oil drilling to feed its economy. And government will do everything it can to keep its economy going.

Oil in china? Yes please!

Expected long term earnings decline makes this company's price multiples unattractive on a forward-looking basis.