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Company Update (NYSE:COP): ConocoPhillips Announces Intended Sale of Exploration Blocks Offshore Senegal

[Business Wire] – ConocoPhillips today announced it has entered into an agreement to sell its 35 percent interest in three exploration blocks offshore Senegal, which include the SNE and FAN discoveries. Read more on this. , valued at $recting to http://finance.ya, ended trading yesterday at $. Today, shares have traded between $ per share with a trailing 52-week range being $. COP shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x forward p/e ratio. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $ which would be a $0.00 worse than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $0.00 . If reported, that would be a 0.00% decrease over the year-ago quarter. More recently, d COP from to (/fi). Previously, d COP from to . With the above information in mind, readers should note that the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:COP) Similar Articles: Stock Update: ConocoPhillips (NYSE:COP) – ConocoPhillips Reports First-Quarter 2016 Results; Announces Revised 2016 Capital Expenditures Guidance Company Update (NYSE:COP): Deserving Math Teachers Receive Top Recognition from ConocoPhillips Market Update: ConocoPhillips (NYSE:COP) – Technical Briefing on Independent Oil & Gas Stocks — ConocoPhillips, Anadarko Petroleum, CONSOL Energy, and WPX Energy
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