ETFs Are Buying ConocoPhillips (COP) on Thursday
π ConocoPhillips snapped a two-day net-selling streak with $23.2 million in net ETF buying on Thursday.
π’ Energy Select Sector SPDR (XLE) was the primary buyer, adding $18.7 million worth of shares to its holdings.
π° The company reported trailing-12-month revenue of $63.13 billion, up 9.4% over the previous year.
π ConocoPhillips trades at a P/E ratio of 20.41 with a market capitalization of $185.0 billion.
π The stock is up 68.17% year to date with a dividend yield of 2.43%.
βοΈ GuruFocus analysis shows the current price of $154.03 exceeds the calculated GF Value of $129.11.
- ConocoPhillips ended a two-day net-selling streak by attracting $23.2 million in net ETF inflows on Thursday.
- The company reported trailing-12-month revenue of $63.13 billion, representing a 9.4% year-over-year increase.
- ConocoPhillips is the world's largest independent exploration and production company focused entirely on upstream oil and gas.
- The stock has delivered a significant 68.17% gain year to date with a dividend yield of 2.43%.
- GuruFocus has detected 6 Warning Signs associated with ConocoPhillips.
- The current stock price of $154.03 is trading above the calculated GF Value of $129.11, suggesting potential overvaluation.