Streetbeat News

COP

ConocoPhillips

https://www.conocophillips.com

Industry

Oil & Gas Exploration & Production

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of conventional and unconventional exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

Open

112.68

Mkt cap

129B

Volume

4.1M

High

114.05

P/E Ratio

13.20

52-wk high

135.18

Low

111.89

Div yield

0.03

52-wk low

101.30

Wolfe Research has reinstated an Outperform rating on ConocoPhillips (NYSE:COP), indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 6:52 pm

Bernstein analyst Bob Brackett maintains an Outperform rating on ConocoPhillips (NYSE:COP) but lowers the price target from $147 to $132.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 5:59 pm

Investors have taken a bullish stance on ConocoPhillips (NYSE:COP) with significant options trades detected. The sentiment is predominantly bullish with a price target range of $100 to $115. The stock is currently trading at $112.55, down by 1.93%.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 8:49 pm

ConocoPhillips has announced its Q2 production forecast, expecting to produce between 1.91 and 1.95 million barrels of oil equivalent per day (MMBOE/d).

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 5:16 pm

Senator Whitehouse is investigating oil companies for potential illegal coordination. This probe could have significant implications for the oil industry and related stocks.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 3:45 pm

Financial giants have shown a bullish interest in ConocoPhillips (NYSE:COP) through options trading, with a significant portion of trades being calls. Analysts have mixed ratings, but the consensus target price is $152.6. The stock is currently trading at $114.49.

Portfolio Pulse from Benzinga Insights

June 25, 2024 | 6:16 pm

Semiconductor stocks, particularly Nvidia, faced significant declines, dragging down the tech sector. Nvidia's CEO sold over $100 million in shares, contributing to the drop. The VanEck Semiconductor ETF also fell, along with Marvell Technology and Microchip Technology. Meanwhile, the Dow Jones and other indices posted gains, and energy stocks rallied. Bitcoin continued its decline, impacting crypto-linked stocks.

Portfolio Pulse from Piero Cingari

June 24, 2024 | 5:17 pm

Shares of several oil and gas companies are trading higher due to a rise in crude prices, driven by potential demand and growing tension in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:51 pm

Financial giants have made significant bullish moves on ConocoPhillips (NYSE:COP) through options trading. Analysis reveals a balanced sentiment with 44% bullish and 44% bearish trades. The price range targeted by these trades is between $100.0 and $140.0. Recent analyst ratings show a mix of Strong Buy, Buy, Overweight, and Neutral with target prices ranging from $132 to $165.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:16 pm

ConocoPhillips (NYSE:COP) has seen a 34.62% increase in its short percent of float, now at 1.4% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, ConocoPhillips has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 3:45 pm

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