Shares of ConocoPhillips (COP) Sees Large Inflow of Net Money Flow

ConocoPhillips (COP): $14.54 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.39. The value of trades done on upticks was $51.69 million, whereas, trades done on downticks were valued at $37.15 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $16.58 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $5.13 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 3.23 was strongly in favor of the bulls. The money flow in block trades was $11.45 million. ConocoPhillips (COP) fell $0.23 traded at $42.71, a change of -0.54% over the previous day. The stock is 0.97% for the week.


ConocoPhillips has dropped 4.54% during the last 3-month period . Year-to-Date the stock performance stands at -7.28%. Shares of ConocoPhillips appreciated by 0.61% during the last five trading days but lost 1.04% on a 4-week basis. In a related news, Murti Arjun N, director of Conocophillips, had purchased 7,500 shares on March 9, 2016. The total value of the transaction was $294,300. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

ConocoPhillips (NYSE:COP): On Mondays trading session , Opening price of the stock was $42.73 with an intraday high of $42.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $42.21. However, the stock managed to close at $42.71, a loss of 0.54% for the day. On the previous day, the stock had closed at $42.94. The total traded volume of the day was 5,261,545 shares.

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 Companys 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 Americas oil fields located on Alaskas North Slope: Prudhoe Bay and Kuparuk.

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