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Enter Symbol:
 
Conocophillips (COP) [hlAlert]

Rating:
Outperform
COP
down 19.68 %

Conocophillips (COP) rated Outperform by Wells Fargo

Posted on: Friday,  Nov 30, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Conocophillips (NYSE: COP) on 11/30/2012, when the stock price was $57.11. Since
then, Conocophillips has lost 19.68% as of 12/09/2015's recent price of $45.87.
If you would have followed this Wells Fargo's recommendation on COP, you would have lost 19.68% of your investment in 1104 days.

ConocoPhillips (ConocoPhillips) is an international, integrated energy company. The Company?s business is organized into six segments. Exploration and Production (E&P) segment explores for, produces and markets crude oil, natural gas and natural gas liquids. Midstream segment gathers, processes and markets natural gas produced by ConocoPhillips and others, and fractionates and markets natural gas liquids. Midstream segment consists of its 50% equity investment in DCP Midstream, LLC. Refining and Marketing (R&M) segment purchases, refines, markets and transports crude oil and petroleum products. LUKOIL Investment segment consists of its equity investment in the ordinary shares of OAO LUKOIL. Chemicals segment manufactures and markets petrochemicals and plastics and consists of its 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem). Emerging Businesses segment includes the Company?s investment in new technologies or businesses outside its scope of operations.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/30/2012 8:25 AM Buy
None
57.11
as of 12/31/2012
1 Week down  -0.77 %
1 Month up  1.54 %
3 Months up  1.54 %
1 YTD up  1.54 %

(*) Stock Price at the time of the recommendation.
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