In a filing, Conoco Phillips revealed its Director Murti Arjun N acquired Company’s shares for reported $0.24 million on Dec 20 ’24. In the deal valued at $95.87 per share,2,500 shares were bought. As a result of this transaction, Murti Arjun N now holds 21,500 shares worth roughly $2.08 million.
Then, WALKER R A bought 10,400 shares, generating $1,017,161 in total proceeds. Upon buying the shares at $97.80, the Director now owns 38,000 shares.
Before that, LEACH TIMOTHY A sold 55,500 shares. Conoco Phillips shares valued at $6,000,255 were divested by the Director at a price of $108.11 per share. As a result of the transaction, LEACH TIMOTHY A now holds 455,909 shares, worth roughly $44.2 million.
BofA Securities downgraded its Conoco Phillips [COP] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early February from “a Strong buy” to “an Outperform”. TD Cowen began covering COP with “Buy” recommendation on January 17, 2025. Mizuho revised its rating on December 16, 2024. It rated COP as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of COP
On Friday, Conoco Phillips [NYSE:COP] saw its stock jump 2.40% to $96.96. Over the last five days, the stock has gained 11.17%. Conoco Phillips shares have fallen nearly -2.23% since the year began. Nevertheless, the stocks have fallen -14.51% over the past one year. While a 52-week high of $118.18 was reached on 04/02/25, a 52-week low of $79.88 was recorded on 04/09/25.
Levels Of Support And Resistance For COP Stock
The 24-hour chart illustrates a support level at 95.53, which if violated will result in even more drops to 94.10. On the upside, there is a resistance level at 98.32. A further resistance level may holdings at 99.68.
How much short interest is there in Conoco Phillips?
A steep rise in short interest was recorded in Conoco Phillips stocks on 2025-05-30, dropping by -1.95 million shares to a total of 18.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 20.29 million shares. There was a decline of -10.66%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 16, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Overweight”‘ rating along with a $128 price target.
