Harding Loevner LP Decreased Cnooc LTD (CEO) Stake by $7.05 Million; Shares Rose

June 29, 2018 - By Alma Kearns

CNOOC Limited (NYSE:CEO) Corporate Logo

The holdings In Cnooc Ltd (CEO) was decreased owned by Harding Loevner Lp. According to 2018Q1 SEC filling the decrease is 2.25%. By selling 47,980 shares Harding Loevner Lp made the stock popped up with 9.98%. The hedge fund is holding 2.09 million shares, compared to the 2.14 million from the previous quarter. And the announced value of the oil & gas production company is $308.80 million for the 2018Q1. $73.91B is the market cap of Cnooc Ltd. Ticker’s shares touched $171.99 during the last trading session after 1.15% change.CNOOC Limited has volume of 49,309 shares. Since June 29, 2017 CEO has risen 43.57% and is uptrending. CEO outperformed by 31.00% the S&P 500.

About $36.30 billion and $19.24B US Long portfolio Harding Loevner Lp manages. Its stake in Netease Inc (NASDAQ:NTES) was increased by 10,769 shares to 280,425 shares valued at $78.63M in 2018Q1, according to the filing. For a total of 16.26M shares it increased its holding in Tenaris S A (NYSE:TS) by 1.22 million shares in the quarter, and has risen its stake in Canadian Natl Ry Co (NYSE:CNI).

For more CNOOC Limited (NYSE:CEO) news released briefly go to: Bloomberg.com, Nasdaq.com, Nasdaq.com, Seekingalpha.com or Investorplace.com. The titles are as follows: “Ex-Goldman Exec Pushes ’70s Fix for Bond Market’s Big Problem” released on June 25, 2018, “ExxonMobil (XOM) Plans to Further Expand Singapore Facility” on June 28, 2018, “5 Value Picks to Exploit the Dip in Emerging Markets” with a publish date: June 28, 2018, “Exxon announces eighth oil discovery offshore Guyana” and the last “5 Value Stocks for Market-Beating Returns” with publication date: June 20, 2018.

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