ConocoPhillips (NYSE:COP) submitted Plan for Development and Operation for re-development of Tor field

ConocoPhillips (NYSE:COP)has submitted a Plan for Development and Operation (PDO) for a re-development of the Tor field in the Greater Ekofisk area in the North Sea. According to Norwegian Petroleum Directorate (NPD), the field was in production from 1978 until it was shut down in 2015 when the installation reached the end of its lifetime.

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the COP is 0.09%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the COP is 74.50%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that COP. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public.


Institutional ownership is the amount of a ConocoPhillips (NYSE:COP)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the COP is -0.89%.

[finviz ticker=COP]

a Basic Materials sector firm, ConocoPhillips (NYSE:COP) stock gained 2.05% on Monday and when day-trade ended the stock finally concluded at $62.25 and number of shares that changed hands during the day are 6.27 Million. The number of shares COP stock currently held by all its shareholders are 1135.18 and floated shares, the number of shares are available for trading in an open market on last trading day are 1129.11. The average volume of shares for 3 months is 6820.09 and COP stock value has moved between $56.59 – 79.81 in last one year.

The ConocoPhillips (NYSE:COP)’s latest earnings date is 7/30/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for ConocoPhillips (NYSE:COP) is 48.10% and the profit margin is 19.10% and the stock has gained -0.16% in 2019 to date.

U.S. traded shares of ConocoPhillips (NYSE:COP)’s monthly stock performance is 5.58%, the quarterly performance is -8.04%, the half year performance is calculated as 0.94%. The yearly performance of COP is -9.00%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The ConocoPhillips (NYSE:COP) weekly volatility is measured as 2.53% and monthly volatility measured as 1.91%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. COP return on assets is 10.30%, the return on equity (ROE) of the ConocoPhillips (NYSE:COP) is 22.50%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and COP return on investment is 12.60%.

The price to earnings ratio is 10.08, price to sales ratio is 1.88, and price to book ratio is 2.16, price to cash per share ration is 10.93, price to free cash flow is 13.58.

Analysts mean target price for ConocoPhillips (NYSE:COP) is $77.50 while analysts mean recommendation is 2.00. The current share price indicates that stock is -22.42% away from its one year high and is moving 9.69% ahead of its 52-week low. COP’s distance from 20 day simple moving average is 4.45% and distance from 50-Day simple moving average is 1.75%.