Lower forecast growth leads to ConocoPhillips' lower market ...
Lower forecast growth leads to ConocoPhillips' lower market P/E ratio. As the potential for improved earnings does not seem to justify a higher P/E ratio, investors are skeptical about the share price rising significantly in the near future.
Benign Growth For ConocoPhillips (NYSE:COP) Underpins Its Share Price
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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