ConocoPhillips (COP) NewsBite - Higher Oil Boosts COP
Posted: Tuesday, October 27, 2009 1:55 PM EDT
By: Market Intelligence Center Staff
ConocoPhillips (NYSE: COP) opened at $51.25. So far today, the stock has hit a low of $51.05 and a high of $51.97. COP is now trading at $51.45, up $0.71 (1.4%). Over the last 52 weeks the stock has ranged from a low of $34.12 to a high of $57.44. COP shares are being lifted by higher oil futures and a better-than-expected earnings report from competitor BP (BP). Technical indicators for the stock are bullish and S&P gives COP a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on COP the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 45 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE ConocoPhillips (COP) Stock ReportSee what our analysts have uncovered about ConocoPhillips (COP).
More News For ConocoPhillips (COP):
Energy Stock #4: ConocoPhillips (COP)
Thursday, February 09, 2012... ConocoPhillips (COP) is a favorite of Warren Buffet. Berkshire Hathaway had $1.8 billion invested in the stock as of the end of September. His......
http://www.marketintelligencecenter.com/multiarticle.aspx?story=1333136&page=5
Energy ETF: SPDR Select Energy Fund (XLE)
Thursday, February 09, 2012... While analysts do expect to see energy stocks have a nice year in 2012, there are risks out there, mainly the situation in Europe. The situation in......
http://www.marketintelligencecenter.com/multiarticle.aspx?story=1333136&page=6
blog comments powered by