Cnooc May Reward Investors Even if Oil Won't

The video discusses the limited outlook for crude gains, highlighting Nook's reserve potential and cost-cutting measures. It forecasts oil prices, with Brent expected to average $66 per barrel next year, and outlines Nook's CapEx plans to boost production and reserves. The video also analyzes why Nook is trading at a 30% discount compared to its peers, despite having a potential 29% gain over the next 12 months.

Why is Nook trading at a discount compared to its peers?

What does the potential gain of 29% indicate about Nook's valuation?