ConocoPhillips found using ticker (COP) have now 28 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 135 and 83.9 calculating the average target price we see 111.31. Given that the stocks previous close was at 99.6 this would imply there is a potential upside of 11.8%. The 50 day moving average now sits at 91.48 and the 200 moving average now moves to 71.59. The market capitalisation for the company is $133,540m. Visit the company website at: https://www.conocophillips.com
The potential market cap would be $149,240m based on the market concensus.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. 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 conventional and unconventional exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
