Assessing ConocoPhillips (COP) Valuation After Recent Share Price Softness
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…
