Offshore Oil Engineering Co Ltd

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Risk-Adjusted Performance

Offshore Oil Engineering Co Ltd (600583) Price Performance

Offshore Oil Engineering Co Ltd (600583) trades on SHG in CNY. The company is classified in the Energy sector under the Oil & Gas Equipment & Services industry. The stock currently trades at CNY6.50, down 3.27% from the previous close.

Over the past year, 600583 has traded between a low of CNY5.05 and a high of CNY8.72. The stock has gained 6.6% over this period. It is currently 25.5% below its 52-week high.

Offshore Oil Engineering Co Ltd has a market capitalization of $30.29B, with a price-to-earnings ratio of 14.89 and a dividend yield of 2.86%.

About Offshore Oil Engineering Co Ltd

Offshore Oil Engineering Co.,Ltd engages in the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects in China and internationally. It engages in the general contracting; design of oil and gas, and construction projects; planning and evaluation consulting of oil and gas projects; construction of various types of offshore oil construction projects and other marine projects, and land-based petrochemical projects; production and installation of various steel structures and grids; design and manufacture of pressure vessels and pipelines; and research and development, manufacture, and sales of electric and instrumentation automation products, quality control and inspection, physical and chemical, measurement and mapping, and related technical services. The company is involved in the export of products and technologies; the import of raw and auxiliary materials, instruments and meters, mechanical equipment, spare parts, and technologies; contracting of offshore oil projects and domestic international bidding projects; contracting survey, consultation, design, and supervision of the projects; exporting of equipment and materials; domestic coastal general cargo ship transportation; international general cargo transportation; leasing of owned houses; and the sale of steel, pipe fittings, cables, valves, instruments, hardware, and electricity. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co.,Ltd operates as a subsidiary of China National Offshore Oil Corporation.