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Fly News Breaks for January 23, 2020
Jan 23, 2020 | 05:32 EDT
Scotiabank analyst Paul Cheng downgraded ConocoPhillips to Sector Perform from Outperform with a $74 price target.
News For COP From the Last 2 Days
Oct 31, 2020 | 07:50 EDT
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap compiled by The Fly: 1. FRACKING SUPPORT: President... To see the rest of the story go to See Story Here
Oct 30, 2020 | 11:25 EDT
Bullish option flow detected in ConocoPhillips with 4,791 calls trading, 1.5x expected, and implied vol increasing over 4 points to 62.79%. 12/11 weekly 30.5 calls and 11/6 weekly 29.5 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.58. Earnings are expected on February 2nd.
Oct 29, 2020 | 09:25 EDT
Scotiabank analyst Paul Cheng last night downgraded Concho Resources (CXO) to Sector Perform from Outperform with a price target of $43, down from $70, to reflect the pending merger agreement with ConocoPhillips (COP). The probability of a third-party higher bidder has been "significantly reduced" following the merger announcement between Pioneer Natural Resources (PXD) and Parsley Energy (PE).