ConocoPhillips with ticker code (COP) now have 24 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 153 and 87 calculating the average target price we see $131.13. Given that the stocks previous close was at $106.26 this would imply there is now a potential upside of 23.4%. It’s also worth noting that there is a 50 day moving average of $105.96 and the 200 moving average now moves to $109.54. The total market capitalization for the company now stands at $128,399m. Company Website: https://www.conocophillips.com
The potential market cap would be $158,450m 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 2.19% with the ex dividend date set at 28-3-2023 (DMY).
Other points of data to note are a P/E ratio of 7.27, revenue per share of 63.24 and a 18.49% return on assets.
