For the readers interested in the stock health of ConocoPhillips (COP). It is currently valued at $57.00. When the transactions were called off in the previous session, Stock hit the highs of $59.34, after setting-off with the price of $58.21. Company’s stock value dipped to $56.96 during the trading on the day. When the trading was stopped its value was $57.10.
Recently in News on May 4, 2021, ConocoPhillips Reports First-Quarter 2021 Results; Declares Quarterly Dividend; Announces Debt-Reduction Plan and Intention to Begin Sales of Cenovus Shares with Proceeds to Fund Incremental Buybacks; Schedules Midyear Market Update. ConocoPhillips (NYSE: COP) today reported first-quarter 2021 earnings of $1.0 billion, or $0.75 per share, compared with a first-quarter 2020 loss of $1.7 billion, or ($1.60) per share. Excluding special items, first-quarter 2021 adjusted earnings were $0.9 billion, or $0.69 per share, compared with first-quarter 2020 adjusted earnings of $0.5 billion, or $0.45 per share. Special items for the current quarter included an unrealized gain on Cenovus Energy shares and a gain associated with the Australia-West divestiture following the buyer’s final investment decision on the Barossa development project. Partially offsetting these benefits were previously announced transaction and restructuring expenses related to the acquisition of Concho and realized losses on the Concho hedging program related to positions for which the company accelerated settlement into the first quarter, in addition to deferred tax adjustments. You can read further details here
ConocoPhillips had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $61.14 on 03/11/21, with the lowest value was $39.18 for the same time period, recorded on 01/04/21.
ConocoPhillips (COP) full year performance was 32.31%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ConocoPhillips shares are logging -6.77% during the 52-week period from high price, and 107.05% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $27.53 and $61.14.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 8792238 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ConocoPhillips (COP) recorded performance in the market was 42.54%, having the revenues showcasing 21.85% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 75.18B, as it employees total of 10300 workers.
Market experts do have their say about ConocoPhillips (COP)
During the last month, 23 analysts gave the ConocoPhillips a BUY rating, 5 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 49.01, with a change in the price was noted +14.68. In a similar fashion, ConocoPhillips posted a movement of +34.69% for the period of last 100 days, recording 10,284,065 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for COP is recording 0.46 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.45.
Technical breakdown of ConocoPhillips (COP)
Raw Stochastic average of ConocoPhillips in the period of last 50 days is set at 68.85%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.63%. In the last 20 days, the company’s Stochastic %K was 92.28% and its Stochastic %D was recorded 93.21%.
Bearing in mind the latest performance of ConocoPhillips, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 42.54%. Additionally, trading for the stock in the period of the last six months notably improved by 89.24%, alongside a boost of 32.31% for the period of the last 12 months. The shares increased approximately by 8.08% in the 7-day charts and went down by 11.26% in the period of the last 30 days. Common stock shares were driven by 21.85% during last recorded quarter.