Near term Outlook For ConocoPhillips (NYSE:COP)


ConocoPhillips (NYSE:COP) closed its last session at $55.51. The stock traded within a range of $52.54 and $55.86. The company operates in the Energy sector with a market capitalization of 67.92 Million. Trading volume for ConocoPhillips was 6.57 Million in its previous trading session. Currently, ConocoPhillips (NYSE:COP) has an average volume of 5.96 Million.

Company Profile

ConocoPhillips is a major global exploration and production (E&P) company with operations all over the world. As year-end 2014, the company had estimated proved reserves of 8.9 billion oil-equivalent barrels (BOE). Production from continuing operations, excluding Libya, averaged 1,532 thousand barrels of oil equivalent per day (MBOED) in 2014. In May 2012, ConocoPhillips completed the spin-off of its refining/sales business into a separate, independent and publicly traded company, Phillips 66 (Ticker: PSX).

Analyst Views

ConocoPhillips (NYSE:COP) received a Buy rating from 5 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

ConocoPhillips (NYSE:COP) touched its 1-Year High price of $61.31 on 01/24/18 and its 1-Year Low price of $42.26 on 08/21/17.

EPS & Financials

ConocoPhillips (NYSE:COP) reported its EPS in the last quarter as $0.45/Share lagging the analyst estimate of $0.45/Share by a difference of $0. This showed a surprise of 0% in the last quarter earnings.

For the current quarter, 18 analysts are projecting a mean EPS of $0.65/share. According to their observations and findings, the stock could provide a high EPS of $1.08/share and a low EPS of $0.34/share.

Analysts believe that the company has the potential to earn average revenue of $8.85 Billion for the current quarter. According to their predictions high & low revenue estimates are 11.85 Billion and 7.85 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. ConocoPhillips (NYSE:COP) has a 20-Day average volume of 6.84 Million. According to today’s trading volume ConocoPhillips is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.08 Percent and Institutional ownership of 72.2 Percent. The return on assets stands at -4.8%, Return on Equity currently is -12% and the Return on Investment value is -3.8%.

ConocoPhillips (NYSE:COP) gross margin percentage stands at 40.5% while its operating margin for the past trailing twelve month is -18.7 percent and its overall profit margin (ttm) is -13.3 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -3.83% with a 50-Day Simple Moving Average of -0.53 percent. As of today, the company has a SMA200 (200-day simple moving average) of 13.15 Percent. The Stock has YTD (year to date) performance of 1.13 percent.

The TTM operating margin for the company stands at -18.7%. The return on invested capital is at -3.8%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 101.83.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 13.15%, and has a solid year to date (YTD) performance of 1.13% which means that the stock is constantly adding to its value from the previous fiscal year end price.