Currently, there are 1.28B common shares owned by the public and among those 1.27B shares have been available to trade.
The company’s stock has a 5-day price change of 0.29% and -10.25% over the past three months. COP shares are trading -6.32% year to date (YTD), with the 12-month market performance down to -16.76% lower. It has a 12-month low price of $86.81 and touched a high of $134.71 over the same period. COP has an average intraday trading volume of 7.49 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.36%, -6.33%, and -13.01% respectively.
Institutional ownership of Conoco Phillips (NYSE: COP) shares accounts for 82.58% of the company’s 1.28B shares outstanding.
It has a market capitalization of $118.20B and a beta (3y monthly) value of 0.90. The stock’s trailing 12-month PE ratio is 11.90, while the earnings-per-share (ttm) stands at $7.80. The company has a PEG of 1.61 and a Quick Ratio of 1.14 with the debt-to-equity ratio at 0.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.93% over the week and 2.98% over the month.
Earnings per share for the fiscal year are expected to increase by 4.54%, and 10.23% over the next financial year. EPS should grow at an annualized rate of 7.40% over the next five years, compared to 4.06% over the past 5-year period.
Looking at the support for the COP, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on February 10, 2025, with the firm’s price target at $157-$124. TD Cowen coverage for the Conoco Phillips (COP) stock in a research note released on January 17, 2025 offered a Buy rating with a price target of $125. Mizuho was of a view on December 16, 2024 that the stock is Outperform, while Morgan Stanley gave the stock Overweight rating on December 16, 2024, issuing a price target of $128. Evercore ISI on their part issued Outperform rating on December 06, 2024.
