Conoco Phillips (COP) concluded trading on Wednesday at a closing price of $84.58, with 6.78 million shares of worth about $573.76 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -24.41% during that period and on Wednesday the price saw a loss of about -1.13%. Currently the company’s common shares owned by public are about 1.26B shares, out of which, 1.26B shares are available for trading.
Stock saw a price change of -5.70% in past 5 days and over the past one month there was a price change of -8.99%. Year-to-date (YTD), COP shares are showing a performance of -14.71% which decreased to -27.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $79.88 but also hit the highest price of $119.01 during that period. The average intraday trading volume for Conoco Phillips shares is 9.49 million. The stock is currently trading -5.21% below its 20-day simple moving average (SMA20), while that difference is down -8.35% for SMA50 and it goes to -16.57% lower than SMA200.
Conoco Phillips (NYSE: COP) currently have 1.26B outstanding shares and institutions hold larger chunk of about 83.56% of that.
The stock has a current market capitalization of $106.77B and its 3Y-monthly beta is at 0.60. PE ratio of stock for trailing 12 months is 10.74, while it has posted earnings per share of $7.88 in the same period. Its PEG reads 2.19 and has Quick Ratio of 1.13 while making debt-to-equity ratio of 0.36. 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 0.78% while standing at 1.94% over the month.
Stock’s fiscal year EPS is expected to drop by -17.89% while it is estimated to increase by 10.09% in next year. EPS is likely to grow at an annualized rate of 4.90% 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 BofA Securities on April 29, 2025 offering a Neutral rating for the stock and assigned a target price of $107 to it. Coverage by Raymond James stated Conoco Phillips (COP) stock as an Outperform in their note to investors on February 10, 2025, suggesting a price target of $124 for the stock. On January 17, 2025, TD Cowen Initiated their recommendations, while on December 16, 2024, Mizuho Upgrade their ratings for the stock with a price target of $134. Stock get an Overweight rating from Morgan Stanley on December 16, 2024.
