ConocoPhillips which can be found using ticker (COP) have now 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 167 and 92 calculating the average target price we see $131.92. Given that the stocks previous close was at $108.50 this now indicates there is a potential upside of 21.6%. The 50 day MA is $104.81 and the 200 day moving average is $109.94. The market capitalization for the company is $127,987m. Company Website: https://www.conocophillips.com
The potential market cap would be $155,613m based on the market consensus.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States and internationally. The company’s portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
The company has a dividend yield of 2.2% with the ex dividend date set at 28-3-2023 (DMY).
Other points of data to note are a P/E ratio of 7.25, revenue per share of 63.24 and a 18.49% return on assets.
