Shares of ConocoPhillips (COP) Sees Large Inflow of Net Money Flow

ConocoPhillips (COP) traded negative at $48.5. On an intraday basis, the price dropped -0.26 points or -0.53%. The composite uptick value was $85.31 million while the combined downtick value was $66.12. The net money flow was $19.19 million while the up/down ratio was not very comforting at 1.29. The shares on a weekly note has seen a change in share price of -1.88%.According to the trading data, the shares saw a block trade with $19.03 million in upticks and $2 million in downticks. The up/down ratio for the block was calculated to be 9.51. The net money flow for the block trade was 17.02.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

ConocoPhillips has lost 4.32% in the last five trading days and dropped 3.27% in the last 4 weeks. ConocoPhillips is up 11.62% in the last 3-month period. Year-to-Date the stock performance stands at -3.27%. ConocoPhillips (NYSE:COP) witnessed a decline in the market cap on Wednesday as its shares dropped 0.53% or 0.26 points. After the session commenced at $49, the stock reached the higher end at $49.15 while it hit a low of $47.44. With the volume soaring to 10,040,876 shares, the last trade was called at $48.5. The company has a 52-week high of $53.17. The company has a market cap of $60,093 million and there are 1,239,027,410 shares in outstanding. The 52-week low of the share price is $31.05.

Company has reported several Insider transactions to the SEC, on Sep 2, 2016, John V Faraci (director) purchased 3,879 shares at 51.02 per share price.On Aug 15, 2016, Ellen Desanctis (Vice President) purchased 5,000 shares at 40.50 per share price.On Aug 3, 2016, James E Jr Copeland (director) purchased 12,500 shares at 39.74 per share price.

ConocoPhillips Last issued its quarterly earnings results on Oct 27, 2016. The company reported $-0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $-0.71.Analysts expectations of $ 6496.38.During the same quarter in the previous year, the company posted $-0.38 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.ConocoPhillips was Upgraded by Societe Generale to Buy on Jan 11, 2017. ConocoPhillips was Upgraded by Goldman to Buy on Nov 28, 2016. ConocoPhillips was Downgraded by CLSA to Underperform on Nov 15, 2016. ConocoPhillips was Upgraded by Edward Jones to Buy on Nov 7, 2016.

ConocoPhillips is a major global exploration and production (E&P) company with operations all over the world. As year-end 2014, the company had estimated proved reserves of 8.9 billion oil-equivalent barrels (BOE). Production from continuing operations, excluding Libya, averaged 1,532 thousand barrels of oil equivalent per day (MBOED) in 2014. In May 2012, ConocoPhillips completed the spin-off of its refining/sales business into a separate, independent and publicly traded company, Phillips 66 (Ticker: PSX).


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