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Stock impact report

ConocoPhillips: Achieving Low Earth Orbit [Seeking Alpha]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Near-term growth may be limited as projects gain momentum and shareholder returns are downsized. Analysts rate the stock as a hold, with price targets ranging from $118 to $173. We agree with the analysts in spite of liking the company long term, and rate ConocoPhillips a hold at present prices. Looking for more investing ideas like this one? Get them exclusively at The Daily Drilling Report. Learn More » Introduction ConocoPhillips NYSE: COP ) has been a solid pick, rising over 30% from our $100.00 entry point in the middle of last year. Much of that time has been spent regaining ground that the stock of COP attained shortly after we went long. We decided to stick around for the ride once the price reversion began. The last month has been like a SpaceX rocket launch, culminating in the last few days in a loss of momentum as the stock of ConocoPhillips entered LEO, or Low Earth Orbit. The question before us. Do we eventually de-orbit and return to Earth? Or continue on to Show less Read more
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