# ConocoPhillips – Consensus ‘buy’ rating and 24.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/conocophillips-consensus-buy-rating-and-24.0-upside-potential/4121165455
- Published: 2024-07-18T13:26:08+01:00
- Author: Charlotte Edwards

**ConocoPhillips** with ticker code (COP) now have 23 market analysts covering the
stock. The analyst consensus now points to a rating of ‘buy’. The range between 
the high target price and low target price is between $165.00 and $120.00 with the
average target price sitting at $142.84. Given that the stocks previous close was
at $115.19 this would imply there is now a potential upside of 24.0%. The day 50
moving average is $115.59 and the 200 day MA is $117.32. The market capitalization
for the company is 135.15B. The current share price for the company is: $116.08 
USD

 The potential market cap would be $167,595,015,157 based on the market consensus.

The company has a dividend yield of 1.35%. Other points of data to note are a P/
E ratio of 13.15, revenue per share of $47.66 and a 10.52% return on assets.

ConocoPhillips is an exploration and production company. The Company operates through
six segments: Alaska, Lower 48, Canada, Europe, Middle East and North Africa, Asia
Pacific, and Other International. The Alaska segment primarily explores for, produces,
transports and markets crude oil, natural gas and natural gas liquids (NGLs). The
Lower 48 segment consists of operations located in the 48 contiguous United States
and the Gulf of Mexico. Its Canada segments consist of the Surmont oil sands developments
in Alberta and British Columbia. The Europe, Middle East and North Africa segment
consists of operations principally located in the Norwegian sector of the North 
Sea; the Norwegian Sea; Qatar; Libya; and commercial and terminal operations in 
the United Kingdom. The Other International segment includes interests in Colombia,
as well as contingencies associated with prior operations in other countries.

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