CNOOC Limited Filed 2014 Annual Report on Form 20-F

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. FIX
9. TSCO
10. BE

Go back to CNOOC Limited Filed 2014 Annual Report on Form 20-F

S&P Affirms Ratings on CNOOC Ltd. (CEO); Sees Cost Controls, Prudent Spending Withstanding Low Price Environment

April 23, 2015 9:11 AM EDT

Standard & Poor's Ratings Services said today that it had affirmed its 'AA-' long-term corporate credit rating on CNOOC Ltd. CNOOC Ltd. (NYSE: CEO). The outlook is stable. We also affirmed our 'cnAAA' long-term Greater China regional scale rating on the third-largest oil exploration and production company in China. We also affirmed our 'AA-' issue rating and 'cnAAA' Greater China regional scale rating on the senior unsecured notes that CNOOC Ltd. guarantees.

"We affirmed the ratings because we expect CNOOC Ltd.'s effective cost controls and prudent capital spending to help the company withstand a... More