ConocoPhillips with ticker code (COP) have now 27 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 142 and 83.9 and has a mean target at 120.59. Now with the previous closing price of 105.14 this is indicating there is a potential upside of 14.7%. The 50 day MA is 94.25 while the 200 day moving average is 91.53. The market capitalisation for the company is $133,974m. Company Website: https://www.conocophillips.com
The potential market cap would be $153,661m 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.
