Conoco Phillips (NYSE: COP) is -8.60% lower on its value in year-to-date trading and has touched a low of $91.56 and a high of $134.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COP stock was last observed hovering at around $92.63 in the last trading session, with the day’s loss setting it -1.99%.
Currently trading at $90.64, the stock is -7.54% and -9.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.97 million and changing -2.15% at the moment leaves the stock -15.60% off its SMA200. COP registered -19.18% loss for a year compared to 6-month loss of -20.75%.
The stock witnessed a -8.29% gain in the last 1 month and extending the period to 3 months gives it a -15.60%, and is -6.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.27% over the week and 2.93% over the month.
Conoco Phillips (COP) has around 11800 employees, a market worth around $115.33B and $54.61B in sales. Current P/E ratio is 11.61 and Fwd P/E is 10.08. Profit margin for the company is 16.88%. Distance from 52-week low is -1.00% and -32.72% from its 52-week high. The company has generated returns on investments over the last 12 months (10.38%).
with sales reaching $15.56B over the same period.The EPS is expected to grow by 4.47% this year, but quarterly earnings will post 7.72% year-over-year. Quarterly sales are estimated to grow 7.51% in year-over-year returns.
Conoco Phillips (COP) Top Institutional Holders
The shares outstanding are 1.28B, and float is at 1.27B with Short Float at 1.05%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 108.92 million shares valued at $12.46 billion. The investor’s holdings represent 9.2468% of the COP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 96.95 million shares valued at $$11.09 billion to account for 8.2308 of the shares outstanding. The other top investors are STATE STREET CORP which holds 56.27 million shares representing 4.8165% and valued at over $6.44 billion, while JPMORGAN CHASE & CO holds 3.7768 of the shares totaling 44.12 million with a market value of $5.05 billion.
Conoco Phillips (COP) Insider Activity
A total of 0 insider transactions have happened at Conoco Phillips (COP) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Murti Arjun N,the company’sDirector. SEC filings show that Murti Arjun N bought 2,500 shares of the company’s common stock on Dec 20 ’24 at a price of $95.87 per share for a total of $0.24 million. Following the purchase, the insider now owns 21500.0 shares.
Conoco Phillips disclosed in a document filed with the SEC on Dec 17 ’24 that WALKER R A (Director) bought a total of 10,400 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $97.80 per share for $1.02 million. Following the transaction, the insider now directly holds 38000.0 shares of the COP stock.
Still, SEC filings show that on Aug 13 ’24, LEACH TIMOTHY A (Director) disposed off 55,500 shares at an average price of $108.11 for $6.0 million. The insider now directly holds 455,909 shares of Conoco Phillips (COP).
Conoco Phillips (COP): Who are the competitors?
Exxon Mobil Corp. (XOM) that is 0.72% higher over the same period.
