ConocoPhillips found using ticker (COP) now have 27 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 160 and 83.9 calculating the mean target price we have 123.96. Now with the previous closing price of 105.02 this would imply there is a potential upside of 18.0%. The 50 day moving average now sits at 100.26 and the 200 moving average now moves to 80.63. The market capitalisation for the company is $141,012m. Company Website: https://www.conocophillips.com
The potential market cap would be $166,443m 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.
