Catawba Capital Management Va buys $1,644,100 stake in ConocoPhillips (COP)

ConocoPhillips (COP) : Catawba Capital Management Va scooped up 30 additional shares in ConocoPhillips during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 37,180 shares of ConocoPhillips which is valued at $1,644,100.ConocoPhillips makes up approximately 0.39% of Catawba Capital Management Va’s portfolio.

Other Hedge Funds, Including , Simplex Trading reduced its stake in COP by selling 48,300 shares or 90.6% in the most recent quarter. The Hedge Fund company now holds 5,010 shares of COP which is valued at $221,542. ConocoPhillips makes up approx 0.03% of Simplex Trading’s portfolio.First American Trust Fsb reduced its stake in COP by selling 1,703 shares or 2.66% in the most recent quarter. The Hedge Fund company now holds 62,204 shares of COP which is valued at $2,731,378. ConocoPhillips makes up approx 0.86% of First American Trust Fsb’s portfolio.Lenox Wealth Advisors boosted its stake in COP in the latest quarter, The investment management firm added 40 additional shares and now holds a total of 368 shares of ConocoPhillips which is valued at $16,159.Eqis Capital Management boosted its stake in COP in the latest quarter, The investment management firm added 917 additional shares and now holds a total of 7,610 shares of ConocoPhillips which is valued at $334,155. ConocoPhillips makes up approx 0.02% of Eqis Capital Management’s portfolio. Lvm Capital Management Ltdmi added COP to its portfolio by purchasing 12,000 company shares during the most recent quarter which is valued at $526,920. ConocoPhillips makes up approx 0.17% of Lvm Capital Management Ltdmi’s portfolio.

ConocoPhillips closed down -0.3 points or -0.67% at $44.22 with 82,81,676 shares getting traded on Friday. Post opening the session at $44.5, the shares hit an intraday low of $44.02 and an intraday high of $44.69 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, ConocoPhillips reported $-0.79 EPS for the quarter, missing the analyst consensus estimate by $ -0.18 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $-0.61. The company had revenue of $5575.00 million for the quarter, compared to analysts expectations of $6734.50 million. The company’s revenue was down -35.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.07 EPS.

Many Wall Street Analysts have commented on ConocoPhillips. ConocoPhillips was Upgraded by JP Morgan to ” Overweight” on Sep 12, 2016. ConocoPhillips was Upgraded by Jefferies to ” Hold” on Sep 7, 2016. JP Morgan Upgraded ConocoPhillips on Jul 11, 2016 to ” Neutral”, Price Target of the shares are set at $44.

ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for produces transports and markets crude oil bitumen natural gas liquefied natural gas (LNG) and natural gas liquids. The Company operates through six operating segments which are primarily defined by geographic region: Alaska Lower 48 Canada Europe Asia Pacific and Middle East and Other International. The Company’s continuing operations are producing in the United States Norway the United Kingdom Canada Australia Timor-Leste Indonesia China Malaysia Qatar Libya and Russia. The Company has major ownership interests in two of North America’s oil fields located on Alaska’s North Slope: Prudhoe Bay and Kuparuk.

Leave a Reply

ConocoPhillips - Is it time to Sell?

Top Brokerage Firms are advising their investors on ConocoPhillips. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.