Cracking The Code: Understanding Analyst Reviews For ConocoPhillips

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7 analysts have shared their evaluations of ConocoPhillips COP during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 2 0 0
Last 30D 0 1 0 0 0
1M Ago 1 0 0 0 0
2M Ago 1 1 1 0 0
3M Ago 1 0 1 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $134.0, a high estimate of $143.00, and a low estimate of $120.00. Highlighting a 3.2% decrease, the current average has fallen from the previous average price target of $138.43.

Investigating Analyst Ratings: An Elaborate Study

The analysis of recent analyst actions sheds light on the perception of ConocoPhillips by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ryan Todd Piper Sandler Lowers Overweight $133.00 $139.00
Josh Silverstein UBS Raises Buy $143.00 $138.00
Paul Cheng Scotiabank Raises Sector Perform $120.00 $115.00
Biju Perincheril Susquehanna Lowers Positive $133.00 $152.00
John Freeman Raymond James Lowers Strong Buy $137.00 $140.00
Nitin Kumar Mizuho Lowers Neutral $132.00 $139.00
John Freeman Raymond James Lowers Strong Buy $140.00 $146.00

Key Insights:

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  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to ConocoPhillips. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of ConocoPhillips compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for ConocoPhillips's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of ConocoPhillips's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on ConocoPhillips analyst ratings.

About ConocoPhillips

ConocoPhillips is a U.S.-based independent exploration and production firm. In 2022, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2022 were 6.6 billion barrels of oil equivalent.

ConocoPhillips's Economic Impact: An Analysis

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Decline in Revenue: Over the 3 months period, ConocoPhillips faced challenges, resulting in a decline of approximately -20.63% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.

Net Margin: ConocoPhillips's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 20.18%, the company may face hurdles in effective cost management.

Return on Equity (ROE): ConocoPhillips's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 6.13%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): ConocoPhillips's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 3.14%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 0.38, ConocoPhillips adopts a prudent financial strategy, indicating a balanced approach to debt management.

Understanding the Relevance of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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