On December 20, 2024, [Arjun Murti](https://www.gurufocus.com/insider/10343/arjun-murti), a Director at ConocoPhillips, acquired 2,500 shares of [ConocoPhillips (COP, Financial)](https://www.gurufocus.com/stock/COP/summary). Following this transaction, the insider now holds a total of 21,500 shares in the company. The details of this transaction can be found in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/1163165/000095017024139213/xslF345X01/ownership.xml).
ConocoPhillips is a global energy company engaged in the exploration, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. The company operates in various regions worldwide, focusing on delivering energy solutions while maintaining a commitment to sustainability and innovation.
The insider's recent purchase is part of a broader trend observed over the past year, where there have been 2 insider buys and 7 insider sells within ConocoPhillips. This transaction history provides insight into the insider activity within the company.
On the day of the purchase, ConocoPhillips shares were trading at $95.87, resulting in a [market cap](https://www.gurufocus.com/term/mktcap/COP) of $123,043.629 million. The company's [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/COP) stands at 11.31, which is slightly lower than the industry median of 11.33 and below the company's historical median price-earnings ratio.
The [GF Value](https://www.gurufocus.com/term/gf-value/COP) of ConocoPhillips is estimated at $111.75, giving it a price-to-GF-Value ratio of 0.86. This suggests that the stock is modestly undervalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/COP), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/COP), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/COP). It also incorporates a GuruFocus adjustment factor based on the company's past returns and growth, along with future estimates of business performance from Morningstar analysts.
This insider purchase by Arjun Murti reflects a continued interest in ConocoPhillips, aligning with the company's current valuation metrics and market position.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
