Soleil Securities Maintains a 'Hold' on ConocoPhillips (COP); Lowers Estimates & PT
More News related to COP
- ConocoPhillips' Wood River Refinery Nears Completion of $2 Billion Major Expansion Project, an Industrial Info News Alert
- ConocoPhillips to Present at Credit Suisse 2010 Energy Summit
- ConocoPhillips (COP) Reports Q4 Non-GAAP EPS of $1.16, Beats by 3c
- ConocoPhillips Reports Fourth-Quarter Earnings of $1.2 Billion
- Trading Radar for 01/27: ConocoPhillips (COP), Boeing (BA), Abbott (ABT), General Dynamics (GD), E*TRADE (ETFC) Report
More News related to Analyst Comments
- Morgan Stanley Says Buy Commodities on Recent Dip
- JPMorgan Close to Upgrading UAL, AMR, US Airways; Raises Estimates on UAL Following Traffic Results (UAUA, AMR, LCC, more)
- S&P Revises Credit Outlooks On BofA (BAC) and Citi (C) to Negative, Saying No More Free Govenment Handouts
- S&P Revises Outlook on Citigroup (C) from Stable to Negative
- Wedbush Maintains an 'Outperform' on Electronic Arts (ERTS); Lowers PT & Estimates
Soleil Securities maintains a 'Hold' rating on ConocoPhillips (NYSE: COP), lowers price target from $54 to $52.
Soleil analyst says, "We are lowering our earnings estimates for ConocoPhillips for 2009 (from $3.85/share to $3.80/share) and 2010 (from $6.75/share to $6.70/share) as the increase in NYMEX forward curve prices for crude oil were slightly more than offset by lower U.S. natural gas price and refining margin futures...Over the past 2 weeks, the NYMEX forward curve prices for crude oil have
increased by 2%, U.S. natural gas has fallen 7% and refining margins have decreased 3%, on average for 2010-2012."
To see all the upgrades/downgrades on shares of COP, visit our Analyst Ratings page.
Google Inc. maintains an index of Websites and other online content, and makes this information freely available through its search engine to anyone with an Internet connection.
Related Categories
Analyst CommentsStocks Mentioned
+1.12Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
