Conoco Phillips (NYSE: COP) is -13.56% lower on its value in year-to-date trading and has touched a low of $79.88 and a high of $132.15 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 $86.45 in the last trading session, with the day’s loss setting it -0.73%.
Currently trading at $85.72, the stock is -10.64% and -11.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.68 million and changing -0.84% at the moment leaves the stock -18.01% off its SMA200. COP registered -34.44% loss for a year compared to 6-month loss of -22.42%. The firm has a 50-day simple moving average (SMA 50) of $96.565 and a 200-day simple moving average (SMA200) of $104.5852.
The stock witnessed a -13.73% gain in the last 1 month and extending the period to 3 months gives it a -18.27%, and is 3.70% up 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 7.42% over the week and 4.46% over the month.
Conoco Phillips (COP) has around 11800 employees, a market worth around $108.36B and $54.61B in sales. Current P/E ratio is 10.98 and Fwd P/E is 10.78. Profit margin for the company is 16.88%. Distance from 52-week low is 7.31% and -35.13% from its 52-week high. The company has generated returns on investments over the last 12 months (10.38%).
The EPS is expected to shrink by -5.99% this year.
Conoco Phillips (COP) Top Institutional Holders
2960.0 institutions hold shares in Conoco Phillips (COP), with institutional investors hold 83.90% of the company’s shares. The shares outstanding are 1.28B, and float is at 1.26B with Short Float at 1.53%. Institutions hold 83.82% of the Float.
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 8.2993 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
The most recent transaction is an insider purchase by Murti Arjun N, the company’s Director. 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).
