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Enter Symbol:
 
Conocophillips (COP) [hlAlert]

Rating:
Above Average
COP
down 14.19 %

Conocophillips (COP) rated Above Average with price target $60 by Caris & Company

Posted on: Tuesday,  Jun 15, 2010  9:25 AM ET by Caris & Company

Caris & Company rated Above Average Conocophillips (NYSE: COP) on 06/15/2010, when the stock price was $53.46.
Since then, Conocophillips has lost 14.20% as of 12/09/2015's recent price of $45.87.
If you would have followed this Caris & Company's recommendation on COP, you would have lost 14.19% of your investment in 2003 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.

Caris & Company, an investment bank created by a diverse group of leading Wall Street professionals. We are founded on the basic principle that Wall Street requires a different type of organization: One that offers objective, conflict-free research, acute focus on customer service, broad institutional coverage, and an unwavering commitment to increasing the value of our clients' portfolios. Quite simply, our goal is to generate solid investment ideas for our clients. We offer a unique, differentiated, conflict-free research perspective on large, mid, and small capitalization companies in four growth oriented verticals: Health Care, Technology, Energy, and Consumer.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/15/2010 9:25 AM Buy
None
53.46 60.00
as of 12/31/2010
1 Week up  0.86 %
1 Month up  12.44 %
3 Months up  17.81 %
1 YTD up  26.56 %

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