ConocoPhillips (COP) Director Buys $258,180.00 in Stock

ConocoPhillips (NYSE:COP) Director Arjun N. Murti acquired 6,500 shares of the stock in a transaction dated Monday, August 1st. The stock was acquired at an average cost of $39.72 per share, with a total value of $258,180.00. Following the transaction, the director now owns 19,000 shares of the company’s stock, valued at $754,680. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of ConocoPhillips (NYSE:COP) traded up 0.45% during mid-day trading on Tuesday, hitting $39.79. The stock had a trading volume of 7,145,515 shares. The firm has a 50 day moving average of $42.51 and a 200 day moving average of $41.09. ConocoPhillips has a one year low of $31.05 and a one year high of $57.24. The stock’s market cap is $49.28 billion.

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