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Conoco Phillips (NYSE: COP) closed the day trading at $106.10 down -5.06% from the previous closing price of $111.75. In other words, the price has decreased by -$5.06 from its previous closing price. On the day, 23.44 million shares were traded. COP stock price reached its highest trading level at $111.96 during the session, while it also had its lowest trading level at $105.54.
Ratios:
For a better understanding of COP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.30. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 122111541248 and an Enterprise Value of 133623816192. As of this moment, Conoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.60, and their Forward P/E ratio for the next fiscal year is 12.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 2.347 whereas that against EBITDA is 5.466.
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 -2.59%, while the 200-Day Moving Average is calculated to be -7.09%.
Shares Statistics:
Over the past 3-months, COP traded about 6.45M shares per day on average, while over the past 10 days, COP traded about 5780480 shares per day. A total of 1.18B shares are outstanding, with a floating share count of 1.15B. Insiders hold about 0.08% of the company’s shares, while institutions hold 84.38% stake in the company. Shares short for COP as of 1730332800 were 22356105 with a Short Ratio of 3.47, compared to 1727654400 on 21266967. Therefore, it implies a Short% of Shares Outstanding of 22356105 and a Short% of Float of 1.94.
Dividends & Splits
COP’s forward annual dividend rate is 2.92, up from 3.52 a year ago. Against a Trailing Annual Dividend Yield of 0.031498883The stock’s 5-year Average Dividend Yield is 2.65.
