ConocoPhillips which can be found using ticker (COP) have now 25 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 160 and 92 and has a mean target at $134.88. Given that the stocks previous close was at $96.16 this now indicates there is a potential upside of 40.3%. It’s also worth noting that there is a 50 day moving average of $111.15 and the 200 day moving average is $110.21. The market capitalization for the company is $120,738m. You can visit the company’s website by visiting: https://www.conocophillips.com
The potential market cap would be $169,355m 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 2.46% with the ex dividend date set at 28-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.8, revenue per share of 63.24 and a 18.49% return on assets.
