ConocoPhillips (COP) Earns Daily News Impact Score of 0.11

Media stories about ConocoPhillips (NYSE:COP) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ConocoPhillips earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the energy producer an impact score of 45.5719975703886 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Shares of ConocoPhillips (NYSE:COP) traded down $0.01 during midday trading on Friday, hitting $59.75. The company had a trading volume of 5,031,279 shares, compared to its average volume of 5,270,000. The company has a quick ratio of 2.23, a current ratio of 2.38 and a debt-to-equity ratio of 0.64. The firm has a market cap of $71,430.00, a PE ratio of -30.03, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. ConocoPhillips has a twelve month low of $42.26 and a twelve month high of $60.24.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, October 26th. The energy producer reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.08. The business had revenue of $7.20 billion for the quarter, compared to analysts’ expectations of $6.55 billion. ConocoPhillips had a positive return on equity of 0.12% and a negative net margin of 7.32%. During the same period in the previous year, the firm posted ($0.66) EPS. sell-side analysts expect that ConocoPhillips will post 0.57 EPS for the current year.

Several brokerages have recently issued reports on COP. Macquarie began coverage on ConocoPhillips in a research report on Wednesday. They set an “outperform” rating on the stock. Cowen set a $70.00 price target on ConocoPhillips and gave the company a “buy” rating in a research report on Thursday. Zacks Investment Research upgraded ConocoPhillips from a “hold” rating to a “strong-buy” rating and set a $66.00 price target on the stock in a research report on Wednesday, January 10th. Howard Weil cut ConocoPhillips from a “focus list” rating to an “outperform” rating and set a $58.00 price target on the stock. in a research report on Friday, December 22nd. Finally, Royal Bank of Canada set a $61.00 price target on ConocoPhillips and gave the company a “buy” rating in a research report on Wednesday, December 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $56.35.

In other ConocoPhillips news, Director Charles E. Bunch bought 2,000 shares of the firm’s stock in a transaction dated Monday, December 11th. The stock was acquired at an average price of $52.06 per share, with a total value of $104,120.00. Following the completion of the transaction, the director now directly owns 3,429 shares in the company, valued at approximately $178,513.74. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.82% of the company’s stock.

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ConocoPhillips Company Profile

ConocoPhillips is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through five segments: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific and Middle East, and Other International.

Insider Buying and Selling by Quarter for ConocoPhillips (NYSE:COP)

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