Shares of ConocoPhillips traded up 0.75% during mid-day trading on Wednesday, hitting $56.05. ConocoPhillips has a 52 week low of $50.62 and a 52 week high of $78.29. The company has a market cap of $68.039 billion and a P/E ratio of 6.83.
ConocoPhillips last announced its earnings results on Thursday, October 25th. The company reported $1.44 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.20 by $0.24. Analysts expect that ConocoPhillips will post $5.81 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on COP. Analysts at Macquarie reiterated a ?neutral? rating on shares of ConocoPhillips in a research note to investors on Tuesday. They now have a $55.00 price target on the stock. Separately, analysts at Zacks upgraded shares of ConocoPhillips from an ?underperform? rating to a ?neutral? rating in a research note to investors on Friday, November 9th. They now have a $59.00 price target on the stock. Finally, analysts at Credit Suisse reiterated a ?neutral? rating on shares of ConocoPhillips in a research note to investors on Friday, October 26th. They now have a $65.00 price target on the stock. ConocoPhillips is an international integrated energy company. The Company?s segments include Exploration and Production (E&P), which primarily explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas and natural gas liquids on a worldwide basis; Midstream, which gathers, processes and markets natural gas produced by ConocoPhillips and others, and fractionates and markets natural gas liquids, predominantly in the United States and Trinidad; Refining and Marketing (R&M), which purchases, refines, markets and transports crude oil and petroleum products, mainly in the United States, Europe and Asia; Chemicals, which manufactures and markets petrochemicals and plastics on a worldwide basis, and Emerging Businesses, which represents its investment in new technologies or businesses outside the Company?s normal scope of operations.