Based on the provided data and recent market activity, here's the analysis and price prediction for COP for the next trading week:
Technical Analysis
The stock closed at $101.83 on Friday with a -2.08% decline. Key technical indicators show:
News Sentiment Analysis
Price Prediction for Next Week Based on technical and fundamental factors:
The stock is likely to trade within this range with a bearish bias due to:
Recommendation: SELL
The stock shows weakness ahead of earnings and may test lower support levels. Consider taking short positions with strict stop-loss management.
The price of COP is predicted to go up 4.34%, based on the high correlation periods with PATH. The similarity of these two price pattern on the periods is 97.46%.
COP
PATH
Year
COP Price Forecast($)
Potential Return(%)
2025
101.180
0.090
2026
140.000
38.490
2027
100.000
-0.080
2028
140.000
38.490
2029
145.000
45.010
2030
140.000
40.010
A large position in the Permian offers low-cost liquids growth with wider margins, lower risk, and higher returns than international operations.
Over the long term, management does not plan to increase activity with oil prices, instead directing excess cash flow toward repurchases with a payout target of 30% of cash flow.
With a 10-year plan that includes a robust financial framework, focus on shareholder returns, and a low $35/bbl free cash flow break-even level, management is demonstrating its commitment to capital discipline and making Conoco a viable long-term holding.
Raymond James
Price Target
$148 → $157
Upside
+50.98%
Mizuho
Price Target
$129 → $132
Upside
+22.54%
Susquehanna
Price Target
$144 → $148
Upside
+37.39%