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

June 29, 2018 - By Clara Lewis

CNOOC Limited (NYSE:CEO) Corporate Logo

According to 2018Q1 Securities and Exchange form the Harding Loevner Lp decreased its holdings in Cnooc Ltd (CEO) by 2.25%. The company’s stock rose 9.98% while stock markets declined as Harding Loevner Lp sold 47,980 shares. The hedge fund is holding 2.09M shares, compared to the 2.14 million from the previous quarter. And the announced value of the oil & gas production company is $308.80M for the 2018Q1. $73.91B is the market cap of Cnooc Ltd. CEO reached $171.99 during the last trading session after $1.95 change.Currently CNOOC Limited is uptrending after 43.57% change in last June 29, 2017. CEO has 49,309 shares volume. The stock outperformed the S&P500 by 31.00%.

According to a filing Harding Loevner Lp rose its stake in Icici Bk Ltd (NYSE:IBN) by 2.17 million shares to 50.66 million shares, valued at $448.35M in 2018Q1. The fund operates about $36.30 billion and $19.24 billion US Long portfolio. Harding Loevner Lp has risen its stake in Baidu Inc (NASDAQ:BIDU) and also increased its holding in Hdfc Bank Ltd (NYSE:HDB) by 212,451 shares in the quarter, for a total of 3.62 million shares.

For more CNOOC Limited (NYSE:CEO) news released recently go to:,,, or The titles are as follows: “5 Oil Stocks to Buy as Geopolitical Tensions Boost Oil Prices” released on June 07, 2018, “5 Value Picks to Exploit the Dip in Emerging Markets” on June 28, 2018, “5 Value Stocks for Market-Beating Returns” with a publish date: June 20, 2018, “ExxonMobil (XOM) Plans to Further Expand Singapore Facility” and the last “Exxon announces eighth oil discovery offshore Guyana” with publication date: June 20, 2018.

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