Daily Progress: Conoco Phillips (COP) Drop -0.92, Closing at 109.47

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In the latest session, Conoco Phillips (NYSE: COP) closed at $109.47 down -0.92% from its previous closing price of $110.49. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 5.05 million shares were traded. COP stock price reached its highest trading level at $110.4349 during the session, while it also had its lowest trading level at $108.9.

Ratios:

For a deeper understanding of Conoco Phillips’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.34.

On April 10, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $158.Barclays initiated its Overweight rating on April 10, 2024, with a $158 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when LEACH TIMOTHY A sold 55,500 shares for $108.11 per share. The transaction valued at 6,000,255 led to the insider holds 455,909 shares of the business.

Timothy Allen Leach bought 66,757 shares of COP for $7,345,273 on Aug 13 ’24. On Mar 25 ’24, another insider, Olds Nicholas G, who serves as the Executive Vice President of the company, sold 12,150 shares for $126.44 each. As a result, the insider received 1,536,280 and left with 14,522 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COP now has a Market Capitalization of 128306503680 and an Enterprise Value of 139457019904. As of this moment, Conoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.19, and their Forward P/E ratio for the next fiscal year is 13.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.26 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 2.401 whereas that against EBITDA is 5.574.

Stock Price History:

Over the past 52 weeks, COP has reached a high of $134.71, while it has fallen to a 52-week low of $101.29. The 50-Day Moving Average of the stock is 0.48%, while the 200-Day Moving Average is calculated to be -4.51%.

Shares Statistics:

For the past three months, COP has traded an average of 6.67M shares per day and 6124610 over the past ten days. A total of 1.18B shares are outstanding, with a floating share count of 1.16B. Insiders hold about 0.09% of the company’s shares, while institutions hold 84.26% stake in the company. Shares short for COP as of 1727654400 were 21266967 with a Short Ratio of 3.19, compared to 1724976000 on 20754742. Therefore, it implies a Short% of Shares Outstanding of 21266967 and a Short% of Float of 1.83.

Dividends & Splits

According to the company, the forward annual dividend rate for COP is 2.72, from 3.85 in the trailing year. Against a Trailing Annual Dividend Yield of 0.034844782The stock’s 5-year Average Dividend Yield is 2.64.

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