Why You Should Buy ConocoPhillips (COP) After Q1 Earnings Beat [Yahoo! Finance]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
conocophillips.com/investor-relations/investor-presentations
Company Research
Source: Yahoo! Finance
Although the quarterly earnings beat the Zacks Consensus Estimate, the stock price fell marginally, a movement unrelated to the company's fundamentals. The stock is cheap on a relative basis, and the current affordability of the stock is evident from its trailing 12-month enterprise value-to-EBITDA (EV/EBITDA) ratio, which stands at 6.23, notably lower than the Zacks S&P 500 composite average of 13.93. Image Source: Zacks Investment Research ConocoPhillips' robust business model is evident from its solid production outlook, thanks to its decades of drilling inventories across its low-cost and diversified upstream asset base. The resource base represents the company's strong footprint in prolific acres in the United States, comprising Eagle Ford shale, the Permian Basin and Bakken shale. ConocoPhillips boasted that drilling and completion activities are increasingly becoming efficient in all the key U.S. basins. Compared to composite stocks belonging to the industry, the leading
Show less
Read more
Impact Snapshot
Event Time:
COP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COP alerts
High impacting ConocoPhillips news events
Weekly update
A roundup of the hottest topics
COP
News
- Scharbauer Foundation President and CEO Grant Billingsley to retire [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips: Delaware, Willow And The Decade Of Low-Risk Growth [Seeking Alpha]Seeking Alpha
- What's Next For ConocoPhillips' Stock? [Forbes]Forbes
- ConocoPhillips (NYSE: COP) had its price target raised by analysts at Royal Bank of Canada from $135.00 to $140.00. They now have an "outperform" rating on the stock.MarketBeat
- ConocoPhillips (NYSE: COP) had its price target raised by analysts at Mizuho from $139.00 to $142.00. They now have a "neutral" rating on the stock.MarketBeat
COP
Earnings
- 5/2/24 - Beat
COP
Sec Filings
- 5/16/24 - Form 8-K
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- COP's page on the SEC website