ConocoPhillips found using ticker (COP) now have 27 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 150 and 83.9 with a mean TP of 120.07. Given that the stocks previous close was at 96.01 this indicates there is a potential upside of 25.1%. There is a 50 day moving average of 97.74 and the 200 moving average now moves to 76.44. The company has a market capitalisation of $118,796m. Company Website: https://www.conocophillips.com
The potential market cap would be $148,566m 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.
