Investors bought shares of ConocoPhillips (NYSE:COP) on weakness during trading hours on Thursday. $74.76 million flowed into the stock on the tick-up and $49.50 million flowed out of the stock on the tick-down, for a money net flow of $25.26 million into the stock. Of all stocks tracked, ConocoPhillips had the 17th highest net in-flow for the day. ConocoPhillips traded down ($0.39) for the day and closed at $41.51

Several analysts have recently weighed in on the company. Jefferies Group reiterated a “sell” rating on shares of ConocoPhillips in a research report on Thursday, June 30th. Deutsche Bank AG reiterated a “buy” rating and set a $62.00 target price on shares of ConocoPhillips in a research report on Thursday, June 16th. Bank of America Corp. restated a “buy” rating and issued a $71.00 price objective on shares of ConocoPhillips in a report on Friday, June 3rd. Sanford C. Bernstein restated an “outperform” rating on shares of ConocoPhillips in a report on Monday, May 16th. Finally, Argus restated a “buy” rating on shares of ConocoPhillips in a report on Tuesday, May 10th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company’s stock. ConocoPhillips has an average rating of “Hold” and a consensus target price of $48.92.

The stock’s 50-day moving average price is $44.01 and its 200 day moving average price is $41.52. The company’s market capitalization is $51.41 billion.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, April 28th. The company reported ($0.95) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.86) by $0.09. During the same quarter in the prior year, the business earned ($0.18) earnings per share. On average, analysts predict that ConocoPhillips will post ($2.20) EPS for the current fiscal year.

A number of large investors recently bought and sold shares of the stock. Great West Life Assurance Co. Can raised its stake in ConocoPhillips by 0.3% in the fourth quarter. Great West Life Assurance Co. Can now owns 1,070,534 shares of the company’s stock worth $50,020,000 after buying an additional 2,752 shares in the last quarter. Simmons First Trust Co. NA raised its stake in ConocoPhillips by 198.7% in the fourth quarter. Simmons First Trust Co. NA now owns 49,326 shares of the company’s stock worth $2,304,000 after buying an additional 32,812 shares in the last quarter. Flossbach Von Storch AG raised its stake in ConocoPhillips by 4.9% in the fourth quarter. Flossbach Von Storch AG now owns 254,300 shares of the company’s stock worth $11,873,000 after buying an additional 11,800 shares in the last quarter. Sheets Smith Wealth Management raised its stake in ConocoPhillips by 1.1% in the fourth quarter. Sheets Smith Wealth Management now owns 24,255 shares of the company’s stock worth $1,132,000 after buying an additional 259 shares in the last quarter. Finally, Oxbow Advisors LLC raised its stake in ConocoPhillips by 1.0% in the fourth quarter. Oxbow Advisors LLC now owns 26,183 shares of the company’s stock worth $1,221,000 after buying an additional 266 shares in the last quarter.

ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas and liquefied natural gas (LNG). The Company operates through six operating segments, which are primarily defined by geographic region: Alaska; Lower 48; Canada; Europe and North Africa; Asia Pacific and Middle East, and Other International.

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