Watch for Continued Gains in Shares of ConocoPhillips (COP)
ConocoPhillips (NYSE:COP) traded today at a new 12-month high of $108.67. This new high was reached on below average trading volume as 2.7 million shares traded hands, while the average 30-day volume is approximately 7.4 million shares. In the past 12 months, ConocoPhillips share prices are bracketed by a low of $51.41 and a high of $108.67 and are now at $108.23, 111% above that low price. ConocoPhillips is a U.S.-based independent exploration and production firm. At the end of 2020, it produced 727,000 barrels per day of oil and natural gas liquids and 2.4 billion cubic feet per day…