Conoco Phillips (NYSE: COP) kicked off on Monday, down -0.04% from the previous trading day, before settling in for the closing price of $129.38. Over the past 52 weeks, COP has traded in a range of $94.48-$135.18.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 26.88%. While this was happening, its average annual earnings per share was recorded 2.76%. With a float of $1.18 billion, this company’s outstanding shares have now reached $1.18 billion.
Considering the fact that the conglomerate employs 9900 people, you should pay attention to its efficiency factor.
Conoco Phillips (COP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Conoco Phillips is 0.09%, while institutional ownership is 83.88%. The most recent insider transaction that took place on Mar 25 ’24, was worth 76,426,824. In this transaction Chairman and CEO of this company sold 607,000 shares at a rate of $125.91, taking the stock ownership to the 6,780 shares. Before that another transaction happened on Mar 25 ’24, when Company’s Executive Vice President sold 12,150 for $126.44, making the entire transaction worth $1,536,280. This insider now owns 14,522 shares in total.
Conoco Phillips (COP) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported $2.4 earnings per share (EPS), higher than consensus estimate (set at $2.09) by $0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.12% during the next five years compared to 11.22% growth over the previous five years of trading.
Conoco Phillips (NYSE: COP) Trading Performance Indicators
Take a look at Conoco Phillips’s (COP) current performance indicators. Last quarter, stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.71. Likewise, its price to free cash flow for the trailing twelve months is 17.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.07, a number that is poised to hit 2.08 in the next quarter and is forecasted to reach 9.74 in one year’s time.
Technical Analysis of Conoco Phillips (COP)
Compared to the last year’s volume of 5.42 million, its volume of 3.9 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.98%. Additionally, its Average True Range was 2.40.
During the past 100 days, Conoco Phillips’s (COP) raw stochastic average was set at 80.11%, which indicates a significant increase from 29.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.14% in the past 14 days, which was lower than the 19.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.61, while its 200-day Moving Average is $117.13. Nevertheless, the first resistance level for the watch stands at $130.84 in the near term. At $132.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $134.30. If the price goes on to break the first support level at $127.38, it is likely to go to the next support level at $125.43. Should the price break the second support level, the third support level stands at $123.92.
Conoco Phillips (NYSE: COP) Key Stats
The company with the Market Capitalisation of 152.15 billion has total of 1,176,408K Shares Outstanding. Its annual sales at the moment are 58,574 M in contrast with the sum of 10,957 M annual income. Company’s last quarter sales were recorded 15,307 M and last quarter income was 3,007 M.
