Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Conocophillips ( (COP) ) just unveiled an update.
ConocoPhillips announced its application to the Alberta Securities Commission and the Ontario Securities Commission to cease being a reporting issuer in Canada. If approved, the company will no longer be a reporting issuer in any Canadian jurisdiction but will continue to comply with U.S. securities laws and NYSE rules, ensuring Canadian security holders receive necessary disclosure documents.
The most recent analyst rating on (COP) stock is a Buy with a $131.00 price target. To see the full list of analyst forecasts on Conocophillips stock, see the COP Stock Forecast page.
Spark’s Take on COP Stock
According to Spark, TipRanks’ AI Analyst, COP is a Outperform.
ConocoPhillips scores well due to strong financial performance and effective earnings call execution. The company’s robust operational strategy and shareholder focus provide stability amid market volatility. Technical analysis shows mixed signals, while valuation remains attractive.
To see Spark’s full report on COP stock, click here.
More about Conocophillips
ConocoPhillips is a leading global exploration and production company specializing in the delivery of reliable, responsibly produced oil and gas. The company boasts a deep, durable, and diverse portfolio designed to meet growing global energy demands, leveraging high-performing operations and advancing technology to ensure strong, consistent financial results.
Average Trading Volume: 7,937,229
Technical Sentiment Signal: Sell
Current Market Cap: $115.7B
See more data about COP stock on TipRanks’ Stock Analysis page.