Mirae Asset Global Investments Adds $11M in ConocoPhillips ($COP)
Key Points
- Mirae Asset Global Investments changed its ConocoPhillips ($COP) stake by 7.8% last quarter, boosting to 1,310,997 shares worth $153.36 million.
- Wall Street's consensus rating on $COP is Buy and an average price target of $142.77.
- $COP last traded around $116.98.
Mirae Asset Global Investments increased its position in ConocoPhillips ($COP) by 7.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,310,997 shares of ConocoPhillips after buying 95,365 shares during the quarter. Mirae Asset Global Investments's holdings in ConocoPhillips were worth $153.36 million as of its most recent filing.
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About ConocoPhillips
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. It serves in the United States, Canada, China, Equatorial Guinea, Libya, Malaysia, Norway, Singapore, the United Kingdom, and internationally. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
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