Conoco Phillips (NYSE:COP) shares, rose in value, with the stock price up by 0.66% to the previous day’s close as strong demand from buyers drove the stock to $97.54.
Actively observing the price movement in the recent trading, the stock is buoying the session at $96.90, falling within a range of $96.9 and $98.46. The value of beta (5-year monthly) is 1.22 whereas the PE ratio is 12.50 over 12-month period. Referring to stock’s 52-week performance, its high was $134.71, and the low was $94.23. On the whole, COP has fluctuated by -7.53% over the past month.
With the market capitalization of Conoco Phillips currently standing at about $126.17 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.52, with its dividend yield at 2.58%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 61.35B, with a low estimate of 13.93B and a high estimate of 18.06B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 15.56B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that COP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.68, with the price of COP currently trading nearly -3.26% and -3.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.72, while the 7-day volatility ratio is showing 2.52% which for the 30-day chart, stands at 2.10%. Furthermore, Conoco Phillips (COP)’s beta value is 1.12, and its average true range (ATR) is 2.22.
A comparison of Conoco Phillips (COP) with its peers suggests the former has fared considerably weaker in the market. COP showed an intraday change of 0.66% in today’s session so far, and over the past year, it shrunk by -10.68%%.
Data on historical trading for Conoco Phillips (NYSE:COP) indicates that the trading volumes over the past 10 days have averaged 8.05 and over the past 3 months, they’ve averaged 7.17 million. According to company’s latest data on outstanding shares, there are 1.29 billion shares outstanding.
Nearly 0.08% of Conoco Phillips’s shares belong to company insiders and institutional investors own 77.49% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.0 million shares as on 2025-01-15, resulting in a short ratio of 1.78. According to the data, the short interest in Conoco Phillips (COP) stood at 101.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 13.0 million. The stock has fallen by -1.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the COP stock heading into the next quarter.
