ហិរញ្ញវត្ថុ

តម្លៃ COP ដើម្បីផ្លាស់ប្តូររូបភាព - តើអ្វីបណ្តាលឱ្យមានការផ្លាស់ប្តូរ?

01/18/2023
ព័ត៌មាន Bitcoin Ethereum
  • Prices are high now for the first time. 
  • Alliances caused the price to improve.
  • Russia- Ukraine war to pose a threat.

ConocoPhillips (NYSE: COP) is an independent exploration and production company. It explores for, produces, transports, and markets crude oil, natural gas, and other resources. The company operates in several segments, including Canada, Europe and some parts of Africa. 

In the past few months, Equinor (NYSE: EQNR) has signed a strategic alliance with many companies, including ConocoPhillips, to develop a floating wind project in the Troll and Oseberg oil and gas fields. Since COP is among the big fishes in the European market of crude oil, the collaboration sent the price rocket to reach new horizons. 

A few months after, the price rally cooled down as the news surfaced about Equinor and ConocoPhillips’ co-owned methanol plant being discussed to be shut down. Since it is Europe’s largest methanol plant, accounting for around 25% of the continent’s production. The possible shutdown can impact the share prices as it’s a major branch that plans withdrawal.

Threat turns to opportunity

Amid the ongoing Russia-Ukraine war, Russia, the biggest gas producer, has stepped down from the first position and handed it over to Norway. Since the alliance of COP and EQNR rule the industry in Norway, there is a high chance of them establishing a disguised monopoly over the Norwegian market. 

The war has already wrecked the resources of both Russia and Ukraine, which checks them out from the leading natural gas countries. With Norway benefiting from this, it may take a lead that could be hard to cover.

ConocoPhillips, which abandoned Venezuela after its assets were nationalized, is in talks to sell Venezuelan oil in the U.S. to retrieve $10 billion in debt. 

According to the report of The Wall Street Journal, ConocoPhillips and national oil company PdVSA are pondering a proposal that allows the US company to load, transport and sell Venezuela’s oil in the States. This may give COP a possibility to recover the money it lost in the country and help the US fulfill its energy needs. 

រឿងនិទានតម្លៃ

ប្រភព៖ TradingView

COP share prices have been on the rise since mid-2022. The prices have witnessed such a rally for the first time since incorporation. The current price action, which marked a new all-time high near $138.5, witnessed a slight downtick and held a spot near $121.5 at press time. The volume records a blend of sellers and buyers taking advantage of the price movements.

The 20-EMA lies below the COP price as the prices slope up. The RSI reaches the upper half range to show transitioning rules from sellers to buyers. The MACD supports the notion as it witnesses a thread of buyers while the lines undergo a bullish divergence. If current prices breach the $124.25, it can set to fly closer to $145.00.

All ratios, but EPS, of the company, are close to what the industry holds. The EPS for the company is one-third of what the industry has, indicating the company’s return constraint. It’s not a threatening sign as the company’s business cycle is longer than a year, which is normal for it to have a lower EPS. 

សន្និដ្ឋាន

ConocoPhillips is a company that operates in natural resources of energy, across the globe. COP has a potential to mark newer highs and show a stronger bull run. The holders to watch for the breakout level of $124.25.

កំរិតបច្ចេកទេស

កំរិតគាំទ្រ៖ ១.៥០ ដុល្លារនិង ១,៤០ ដុល្លារ

កម្រិត Resistance: ២,០០ ដុល្លារនិង ២.៥០ ដុល្លារ

ការមិនទទួលខុសត្រូវ

ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះក្នុងអត្ថបទនេះគឺសម្រាប់គោលបំណងផ្តល់ព័ត៌មានតែប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតហិរញ្ញវត្ថុ ការវិនិយោគ ឬដំបូន្មានផ្សេងទៀតទេ។ ការវិនិយោគលើ ឬជួញដូរទ្រព្យសកម្មគ្រីបតូមកជាមួយហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។

ប្រកាសចុងក្រោយដោយ Andrew Smith (ឃើញ​ទាំងអស់)

Source: https://www.thecoinrepublic.com/2023/01/17/cop-prices-to-change-the-picture-what-caused-the-change/