Conoco Phillips (COP) concluded trading on Wednesday at a closing price of $96.13, with 6.29 million shares of worth about $604.69 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.71% during that period and on Wednesday the price saw a loss of about -0.98%. Currently the company’s common shares owned by public are about 1.28B shares, out of which, 1.27B shares are available for trading.
Stock saw a price change of -3.45% in past 5 days and over the past one month there was a price change of -6.39%. Year-to-date (YTD), COP shares are showing a performance of -3.07% which decreased to -13.49% 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 7.09 million. The stock is currently trading -2.96% below its 20-day simple moving average (SMA20), while that difference is down -3.88% for SMA50 and it goes to -10.93% lower than SMA200.
Conoco Phillips (NYSE: COP) currently have 1.28B outstanding shares and institutions hold larger chunk of about 82.54% of that.
The stock has a current market capitalization of $122.31B and its 3Y-monthly beta is at 1.12. PE ratio of stock for trailing 12 months is 12.32, while it has posted earnings per share of $7.80 in the same period. Its PEG reads 1.66 and has Quick Ratio of 1.14 while making debt-to-equity ratio of 0.39. 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 2.71% while standing at 2.41% over the month.
Stock’s fiscal year EPS is expected to rise by 4.46% while it is estimated to increase by 10.61% in next year. EPS is likely to grow at an annualized rate of 7.44% for next 5-years, compared to annual growth of 4.06% 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 Raymond James on February 10, 2025 offering an Outperform rating for the stock and assigned a target price range of between $157 and $124 to it. Coverage by TD Cowen stated Conoco Phillips (COP) stock as a Buy in their note to investors on January 17, 2025, suggesting a price target of $125 for the stock. On December 16, 2024, Mizuho Upgrade their recommendations, while on December 16, 2024, Morgan Stanley Initiated their ratings for the stock with a price target of $128. Stock get an Outperform rating from Evercore ISI on December 06, 2024.
