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Company Update (NYSE:COP): Deserving Math Teachers Receive Top Recognition from ConocoPhillips

[Business Wire] – Great teachers inspire students and shape their future. That’s why ConocoPhillips is teaming up for the second year with the Houston Astros to recognize Houston-area math teachers who go above and beyond to help their students excel. Read more on this. ConocoPhillips (COP) , valued at $58.76B, opened at $46.79. During today’s session, COP traded between $46.09 to $47.64 with the price of the stock fluctuating between $31.05 to $69.03 over the last 52 weeks. COP shares are currently priced at -21.79x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s -1.75x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.00 per share annually in dividends, yielding 2.29%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $-0.93 per share, which would be $0.00 better than the year-ago quarter and a $0.00 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $-2.16 would be a $0.76 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $7.70 Billion. If realized, that would be a 3.75% decrease over the year-ago quarter. Recently, Scotia Howard Weil downgraded COP from Sector Outperform to Sector Perform (Feb 5, 2016). Previously, Societe Generale downgraded COP from Buy to Hold. Given all the information above, we should disclose to readers that the average price target is $45.52, which is 2.71% below than it opened this morning. See more in (NYSE:COP) Similar Articles: Market Update: ConocoPhillips (NYSE:COP) – Technical Briefing on Independent Oil & Gas Stocks — ConocoPhillips, Anadarko Petroleum, CONSOL Energy, and WPX Energy Stock Update (NYSE:COP): ConocoPhillips Exports First Cargo From Australia Pacific LNG Market Update: ConocoPhillips (NYSE:COP) – ConocoPhillips to Present at Bank of America Merrill Lynch 2015 Global Energy Conference
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