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After finishing at $112.32 in the prior trading day, Conoco Phillips (NYSE: COP) closed at $110.83, down -1.33%. In other words, the price has decreased by -$1.33 from its previous closing price. On the day, 5.7 million shares were traded. COP stock price reached its highest trading level at $111.9731 during the session, while it also had its lowest trading level at $110.07.
Ratios:
Our goal is to gain a better understanding of COP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 Mar 25 ’24 when Lance Ryan Michael sold 607,000 shares for $125.91 per share. The transaction valued at 76,426,824 led to the insider holds 6,780 shares of the business.
Olds Nicholas G sold 12,150 shares of COP for $1,536,280 on Mar 25 ’24. The Executive Vice President now owns 14,522 shares after completing the transaction at $126.44 per share. On Mar 22 ’24, another insider, Bullock William L. Jr., who serves as the Executive Vice President & CFO of the company, sold 45,200 shares for $123.32 each. As a result, the insider received 5,574,276 and left with 44,153 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 130774974464 and an Enterprise Value of 141975453696. As of this moment, Conoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.54, and their Forward P/E ratio for the next fiscal year is 11.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 2.499 whereas that against EBITDA is 5.846.
Stock Price History:
The Beta on a monthly basis for COP is 1.23, which has changed by -0.051356673 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, COP has reached a high of $134.96, while it has fallen to a 52-week low of $105.41. The 50-Day Moving Average of the stock is -3.67%, while the 200-Day Moving Average is calculated to be -5.29%.
Shares Statistics:
The stock has traded on average 5.82M shares per day over the past 3-months and 5485140 shares per day over the last 10 days, according to various share statistics. 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 82.76% stake in the company. Shares short for COP as of 1719532800 were 15893418 with a Short Ratio of 2.73, compared to 1717113600 on 16289528. Therefore, it implies a Short% of Shares Outstanding of 15893418 and a Short% of Float of 1.37.
Dividends & Splits
In the trailing 12 months, COP’s forward annual dividend rate was 4.18, compared to 2.45 this year. Against a Trailing Annual Dividend Yield of 0.0372151The stock’s 5-year Average Dividend Yield is 2.62. The current Payout Ratio is 43.16% for COP, which recently paid a dividend on 2024-05-10 with an ex-dividend date of 1715299200. Stock splits for the company last occurred on 2012-05-01 when the company split stock in a 1311791:1000000 ratio.
