News headlines about ConocoPhillips (NYSE:COP) have been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. ConocoPhillips earned a coverage optimism score of 1.38 on their scale. InfoTrie also gave press coverage about the energy producer an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the next several days.

Here are some of the headlines that may have effected ConocoPhillips’ analysis:

Shares of ConocoPhillips stock opened at $66.92 on Thursday. ConocoPhillips has a 52-week low of $50.08 and a 52-week high of $80.24. The company has a current ratio of 1.99, a quick ratio of 1.82 and a debt-to-equity ratio of 0.46. The stock has a market cap of $77.04 billion, a PE ratio of 111.53, a PEG ratio of 1.57 and a beta of 1.22.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, October 25th. The energy producer reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. ConocoPhillips had a net margin of 16.08% and a return on equity of 14.62%. The business had revenue of $10.17 billion for the quarter, compared to analyst estimates of $9.48 billion. Equities analysts anticipate that ConocoPhillips will post 4.75 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 3rd. Shareholders of record on Monday, October 15th were given a dividend of $0.305 per share. This is a positive change from ConocoPhillips’s previous quarterly dividend of $0.29. This represents a $1.22 annualized dividend and a yield of 1.82%. The ex-dividend date was Friday, October 12th. ConocoPhillips’s dividend payout ratio is presently 203.33%.

Several analysts recently weighed in on COP shares. Citigroup lifted their target price on shares of ConocoPhillips from $80.00 to $90.00 and gave the company a “buy” rating in a report on Friday, October 5th. Bank of America downgraded shares of ConocoPhillips from a “buy” rating to a “neutral” rating and set a $80.00 target price for the company. in a report on Thursday, September 6th. Morgan Stanley set a $88.00 target price on shares of ConocoPhillips and gave the company a “buy” rating in a report on Friday, October 12th. Zacks Investment Research upgraded shares of ConocoPhillips from a “hold” rating to a “buy” rating and set a $81.00 target price for the company in a report on Thursday, August 23rd. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $80.00 target price on shares of ConocoPhillips in a report on Wednesday, August 15th. Ten analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $74.63.

In other ConocoPhillips news, VP Glenda Mae Schwarz sold 18,882 shares of the company’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $71.15, for a total value of $1,343,454.30. Following the sale, the vice president now owns 29,064 shares of the company’s stock, valued at $2,067,903.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.88% of the company’s stock.

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ConocoPhillips Company Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. Its portfolio includes North American tight oil and oil sands assets in Canada; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; and an inventory of conventional and unconventional exploration prospects.

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

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