The stock of Conoco Phillips (NYSE:COP) last traded at $108.56, down -1.17% from the previous session.
COP stock price is now -2.63% away from the 50-day moving average and -6.00% away from the 200-day moving average. The market capitalization of the company currently stands at $126.07B.
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, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, LEACH TIMOTHY A, Director sold 55,500 shares of the company’s stock on Aug 13 ’24. The stock was sold for $6,000,255 at an average price of $108.11. Upon completion of the transaction, the Director now directly owns 455,909 shares in the company, valued at $49.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 13 ’24, Affiliate Timothy Allen Leach bought 66,757 shares of the business’s stock. A total of $7,345,273 was incurred on buying the stock at an average price of $110.03. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, Conoco Phillips has had a low of $102.08 and a high of $134.71. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 1.33, and a quick ratio of 1.19. According to the stock market information, the enterprise value for the company is $139898290176, which is based on a 12.09 price-to-earnings ratio, a 2.32 price-to-earnings-growth ratio, and a beta of 1.22. The fifty day moving average price for COP is $111.627 and a two-hundred day moving average price translates $115.86925 for the stock.
The latest earnings results from Conoco Phillips (NYSE: COP) was released for 2024-06-30. The net profit margin was 18.92% and return on equity was 21.90% for COP. The company reported revenue of $14.14 billion for the quarter, compared to $12.88 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.72 percent.
