U.S. Markets closed

ConocoPhillips (COP) Looks Good: Stock Adds 9.1% in Session

Zacks Equity Research

ConocoPhillips COP was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 21.5% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

ConocoPhillips currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

ConocoPhillips Price

ConocoPhillips Price

ConocoPhillips price | ConocoPhillips Quote

Investors interested in the Oils-Energy sector may consider Ferrellgas Partners, L.P. FGP, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is COP going up? Or down? Predict to see what others think:Up or Down

5 Stocks Set to Double

Zacks experts released their picks to gain +100% or more in 2020. One is a famous cutting-edge food company that is “hiding in plain sight.” Swamped with competitors and ignored by Wall Street, its stock price floundered. Now, suddenly, it acquired a company that gives it an advantage none of its peers have.

Today, see all 5 stocks with extreme growth potential >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Ferrellgas Partners, L.P. (FGP) : Free Stock Analysis Report
 
ConocoPhillips (COP) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research