Analysts See $0.14 EPS for ConocoPhillips (COP)

July 18, 2017 - By Migdalia James

 Analysts See $0.14 EPS for ConocoPhillips (COP)
Investors sentiment decreased to 0.79 in Q4 2016. Its down 0.01, from 0.8 in 2016Q3. It fall, as 55 investors sold ConocoPhillips shares while 525 reduced holdings. 103 funds opened positions while 353 raised stakes. 805.56 million shares or 4.06% more from 774.14 million shares in 2016Q3 were reported.
Moreover, Cambridge Co has 0.06% invested in ConocoPhillips (NYSE:COP) for 18,155 shares. First Fiduciary Invest Counsel invested 2.29% in ConocoPhillips (NYSE:COP). Payden & Rygel invested 0% of its portfolio in ConocoPhillips (NYSE:COP). Cibc Markets owns 0% invested in ConocoPhillips (NYSE:COP) for 15,303 shares. Moreover, Pub Employees Retirement Association Of Colorado has 0.1% invested in ConocoPhillips (NYSE:COP). Rowland & Counsel Adv reported 79,928 shares. Guardian Communications has invested 0.34% in ConocoPhillips (NYSE:COP). Macnealy Hoover Management holds 24,511 shares or 0.95% of its portfolio. The Massachusetts-based Choate Invest Advsr has invested 0% in ConocoPhillips (NYSE:COP). The Illinois-based Northern Tru Corp has invested 0.24% in ConocoPhillips (NYSE:COP). Fruth Inv Management owns 20,448 shares. Sentinel Asset stated it has 0.08% of its portfolio in ConocoPhillips (NYSE:COP). Dorsey And Whitney Tru Com Ltd Llc holds 0.48% in ConocoPhillips (NYSE:COP) or 42,145 shares. Alphamark Ltd Llc holds 400 shares. Tompkins Corp holds 0.02% of its portfolio in ConocoPhillips (NYSE:COP) for 1,485 shares.

Since May 19, 2017, it had 0 buys, and 1 insider sale for $431,590 activity.

Analysts await ConocoPhillips (NYSE:COP) to report earnings on July, 27. They expect $0.14 earnings per share, up 117.72 % or $0.93 from last year’s $-0.79 per share. COP’s profit will be $174.00M for 77.13 P/E if the $0.14 EPS becomes a reality. After $-0.02 actual earnings per share reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -800.00 % EPS growth. The stock decreased 0.58% or $0.25 during the last trading session, reaching $43.19. About 7.01M shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since July 18, 2016 and is uptrending. It has underperformed by 7.20% the S&P500.

ConocoPhillips (NYSE:COP) Ratings Coverage

Among 22 analysts covering ConocoPhillips (NYSE:COP), 14 have Buy rating, 1 Sell and 7 Hold. Therefore 64% are positive. ConocoPhillips had 60 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of ConocoPhillips (NYSE:COP) earned “Outperform” rating by Cowen & Co on Monday, December 12. Bernstein initiated ConocoPhillips (NYSE:COP) on Friday, August 7 with “Outperform” rating. RBC Capital Markets maintained ConocoPhillips (NYSE:COP) on Friday, July 14 with “Buy” rating. The stock has “Strong-Buy” rating by Vetr on Monday, August 31. As per Wednesday, December 9, the company rating was maintained by Argus Research. The stock of ConocoPhillips (NYSE:COP) earned “Underperform” rating by CLSA on Tuesday, November 15. The stock has “Hold” rating by Societe Generale on Thursday, February 4. The firm has “Sector Perform” rating by Howard Weil given on Friday, February 5. Bank of America downgraded the stock to “Neutral” rating in Thursday, May 11 report. On Friday, February 5 the stock rating was maintained by RBC Capital Markets with “Outperform”.

ConocoPhillips is an independent exploration and production company. The company has market cap of $53.68 billion. The Firm explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas and natural gas liquids. It currently has negative earnings. The Firm operates through five divisions: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific and Middle East, and Other International.

More notable recent ConocoPhillips (NYSE:COP) news were published by: Reuters.com which released: “ConocoPhillips to sell Barnett assets for $305 million” on June 29, 2017, also Barrons.com with their article: “ConocoPhillips: Not a Buy Despite Major Positive, Goldman Sachs Says” published on June 22, 2017, Denverpost.com published: “Old West-style land war in Colorado Rockies pits ranch widow against oil company” on July 17, 2017. More interesting news about ConocoPhillips (NYSE:COP) were released by: Barrons.com and their article: “ConocoPhillips: When Diversification is a Bad Word” published on July 06, 2017 as well as Seekingalpha.com‘s news article titled: “ConocoPhillips: An Eye On The Priorities” with publication date: July 11, 2017.

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