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0 0 0.00364963503649627 0.00334549878345497 -0.00547445255474452 -0.0215936739659368 -0.0139902676399027 -0.0316301703163018
Stock impact report

A Rising Share Price Has Us Looking Closely At ConocoPhillips's (NYSE:COP) P/E Ratio [Yahoo! Finance News]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Those holdingConocoPhillipsNYSE:COPAll else being equal, a sharp share price increase should make a stock less attractive to potential investors. While the market sentiment towards a stock is very changeable, in the long run, the share price will tend to move in the same direction as earnings per share. So some would prefer to hold off buying when there is a lot of optimism towards a stock. One way to gauge market expectations of a stock is to look at its Price to Earnings Ratio PE Ratio). Investors have optimistic expectations of companies with higher P/E ratios, compared to companies with lower P/E ratios.See our latest analysis for ConocoPhillipsDoes ConocoPhillips Have A Relatively High Or Low P/E For Its Industry?ConocoPhillips's P/E of 5.30 indicates relatively low sentiment towards the stock. We can see in the image below that the average P/E 8.5) for companies in the oil and gas industry is higher than ConocoPhillips's P/E.NYSE:COP Price Estimation Relative to Market April 15t Show less Read more
Impact Snapshot
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