Why ConocoPhillips Is On Investors’ Radar Today

ConocoPhillips (COP) is drawing attention after recent price moves, with the stock last closing at US$97.51. Investors are weighing this against its recent returns and financial profile.

Over the past week, the share price shows a 1.7% decline, following a roughly 1.2% drop in the latest session. That contrasts with a gain over the past month and past 3 months, as well as a small positive return year to date.

At the same time, ConocoPhillips reports annual revenue of US$61.28b and net income of US$8.824b. Both revenue and net income are reported as having single digit annual growth rates. These figures help frame the current share price for investors reviewing the stock after its latest…