|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.67 - 18.03|
|52 Week Range||10.55 - 19.52|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||0.20 (1.10%)|
|1y Target Est||20.74|
As of April 19, Reuters reported 23 analysts with recommendations on COP. Of these, ~17% have “strong buy” ratings, ~52% analysts have “buy” ratings, and ~31% analysts have “hold” ratings on COP. There’s no “sell” or “strong sell” recommendation on the stock.
ConocoPhillips (COP) is set to report its 1Q18 earnings on April 26 before the market opens. For 1Q18, excluding any one-time items, the current consensus net income estimate for ConocoPhillips is ~$797 million. On a year-over-year basis, COP is expected to turn its loss from last year into profit. In 1Q17, COP reported adjusted loss of ~$177 million. Even on a sequential basis, and excluding any one-time items, COP’s 1Q18 consensus net income estimate is ~48% higher compared with a profit of ~$540 million in 4Q17.
In 4Q17, 15 hedge funds bought Encana (ECA) stock, and 41 hedge funds sold it. As of December 31, 2017, 44 hedge funds that had filed Form 13F held ECA in their portfolio, of which eight had ECA in their top ten holdings.
Encana (ECA) is expected to report its 1Q18 earnings on April 30, 2018, before the market opens. In 1Q18, excluding any one-time items, Wall Street analysts’ net income estimate for Encana is ~$154 million, ~48% higher than its 1Q17 adjusted net income of ~$104 million. Excluding one-time items, ECA’s 1Q18 net income estimate is also ~35% higher than its net income of ~$114 million in 4Q17. Based on analysts’ net income estimate, ECA is expected to see an eighth consecutive quarter of profit in 1Q18. Encana’s 1Q18 earnings per share estimates
As of March 29, 2018, Southwestern Energy’s (SWN) total shares shorted (or short interest) stood at ~50.9 million, whereas its average daily volume is ~20.8 million. This means the short interest ratio for SWN stock is ~2.5x. In January 2018, the short interest ratio for SWN’s stock made a 52-week low of ~1.5x. Southwestern Energy’s short interest ratio has a 52-week high of ~3.0x, which was made in December 2017. Here Southwestern Energy stock’s average daily volume is calculated for the short interest reporting period from March 16, 2018, to March 29, 2018.
On March 29, 2018, ConocoPhillips’ (COP) total shares shorted (short interest) stood at ~23.9 million, whereas its average daily volume stood at ~6.6 million, making COP’s short interest ratio ~3.6x.
In 4Q17, 40 hedge funds were “buyers” of Range Resources (RRC) stock, while 33 hedge funds were “sellers.” In 4Q17, the total buying hedge funds outnumbered the total selling hedge funds by seven. As of December 31, 2017, 55 hedge funds that filed form 13F held Range Resources in their portfolio. Four hedge funds have Range Resources in their top ten holdings.
On April 13, 2018, ConocoPhillips (COP) had an implied volatility of ~27.6%, higher than its implied volatility of ~26.5% on March 30, 2018.
Range Resources (RRC) is scheduled to report its 1Q18 earnings on April 25, 2018, after the market closes. For 1Q18, excluding any one-time items, the current consensus net income estimate for Range Resources is ~$105 million. On a YoY (year-over-year) basis, Range Resources is expected to report ~72% higher profits compared to the adjusted net income of ~$61 million in 1Q17. On a sequential basis and excluding any one-time items, Range Resources’ 1Q18 consensus net income estimate is ~91% higher than the profit of ~$55 million in 4Q17.
The Kingdom is pushing for higher crude prices, potentially unlocking a gusher of cash flow for these oil stocks.
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The latest on developments in financial markets (all times local): 4 p.m. Major U.S. stocks closed lower, weighed down by declines in banks. Several major banks reported profits that beat forecasts Friday, ...
The Dow Jones Industrial Average shrugged off yesterday’s loss to rise for a third time this week, as trade tensions eased considerably and no missile strikes in Syria were forthcoming. The Dow gained 293.60 points, or 1.2%, to 24,483.05, while the S&P 500 advanced 0.8%, to 2663.99, and the Nasdaq Composite rose 1%, to 7140.25. If yesterday's drop was about the potential for missile strikes in the Mideast, today's rally got a boost from a tweet from President Donald Trump saying strikes may or may not happen.
Stocks that moved substantially or traded heavily Tuesday: Ford Motor Co., up 20 cents to $11.45 Automakers rose after Chinese President Xi Jinping said he would reduce tariffs on imported cars. VeriFone ...
Marathon Oil Corporation (NYSE:MRO) has been on my radar for the past month, and it’s time we give MRO stock its due. While the rest of the market has been playing fiddle in the middle, Marathon Oil has been carving out a series of higher pivot highs and higher pivot lows.
In 4Q17, 51 hedge funds bought ConocoPhillips’s (COP) stock and 61 hedge funds sold the stock. The total selling hedge funds outnumbered the total buying hedge funds by ten. As of December 31, 2017, 109 hedge funds that filed form 13Fs held COP in their portfolios. Four counted COP among their top ten holdings.
As of April 6, ConocoPhillips (COP) had an implied volatility of ~28.3%, which is higher than its implied volatility of ~21.0% on December 29, 2017. Last week, COP’s implied volatility had increased from ~26.5% to ~28.3% due to strong daily up- and down-moves in its stock price.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.