In Wednesday’s Wall Street session, Conoco Phillips (NYSE:COP) shares traded at $93.80, down -1.78% from the previous session.
COP stock price is now 5.06% away from the 50-day moving average and -6.04% away from the 200-day moving average. The market capitalization of the company currently stands at $118.41B.
With the price target maintained at $107, BofA Securities recently Downgraded its rating from Buy to Neutral for Conoco Phillips (NYSE: COP). On February 10, 2025, Raymond James Downgraded its previous ‘Strong Buy’ rating to ‘Outperform’ on the stock reducing its target price from $157 to quote $124, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, JOHNSON KIRK L., Executive Vice President bought 5,300 shares of the company’s stock on Jun 16 ’25. The stock was bought for $499,472 at an average price of $94.24. Upon completion of the transaction, the Executive Vice President now directly owns 14,527 shares in the company, valued at $1.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 20 ’24, Director Murti Arjun N bought 2,500 shares of the business’s stock. A total of $239,675 was incurred on buying the stock at an average price of $95.87. This leaves the insider owning 21,500 shares of the company worth $2.02 million. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, Conoco Phillips has had a low of $79.88 and a high of $118.18. As of last week, the company has a debt-to-equity ratio of 0.36, a current ratio of 1.27, and a quick ratio of 1.13. According to the stock market information, the enterprise value for the company is $134963060736, which is based on a 11.91 price-to-earnings ratio, a 2.43 price-to-earnings-growth ratio, and a beta of 0.60. The fifty day moving average price for COP is $89.2838 and a two-hundred day moving average price translates $99.8262 for the stock.
The latest earnings results from Conoco Phillips (NYSE: COP) was released for 2025-03-31. The net profit margin was 16.61% and return on equity was 16.61% for COP. The company reported revenue of $17.1 billion for the quarter, compared to $14.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.13 percent. For the current quarter, analysts expect COP to generate $14.41B in revenue.
