Conoco Phillips (COP) concluded trading on Tuesday at a closing price of $99.17, with 5.55 million shares of worth about $550.09 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.94% during that period and on December 31, 2024 the price saw a gain of about 2.14%. Currently the company’s common shares owned by public are about 1.29B shares, out of which, 1.29B shares are available for trading.
Stock saw a price change of 2.89% in past 5 days and over the past one month there was a price change of -8.46%. Year-to-date (YTD), COP shares are showing a performance of -14.11% which decreased to -14.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $94.23 but also hit the highest price of $134.71 during that period. The average intraday trading volume for Conoco Phillips shares is 6.75 million. The stock is currently trading -0.55% below its 20-day simple moving average (SMA20), while that difference is down -5.69% for SMA50 and it goes to -12.09% lower than SMA200.
Conoco Phillips (NYSE: COP) currently have 1.29B outstanding shares and institutions hold larger chunk of about 74.88% of that.
The stock has a current market capitalization of $131.03B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 11.78, while it has posted earnings per share of $8.42 in the same period. Its PEG reads 1.47 and has Quick Ratio of 1.16 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COP, volatility over the week remained 1.54% while standing at 2.02% over the month.
Stock’s fiscal year EPS is expected to drop by -12.22% while it is estimated to increase by 1.37% in next year. EPS is likely to shrink at an annualized rate of 8.00% for next 5-years, compared to annual growth of 11.22% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on December 16, 2024 offering an Outperform rating for the stock and assigned a target price range of between $132 and $134 to it. Coverage by Morgan Stanley stated Conoco Phillips (COP) stock as an Overweight in their note to investors on December 16, 2024, suggesting a price target of $128 for the stock. On December 06, 2024, Evercore ISI Resumed their recommendations, while on December 05, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $123. Stock get an Outperform rating from Wolfe Research on July 18, 2024.
