Question

conocophilip stock

what are risks and opportunities

why is it a sucessful company

Answer 1

Conco Phillips is the largest United State Oil Company which has seen a downward traction in 2020.

Risk related to this company are-

A. fluctuation in the prices of oil will be leading to fluctuation in the growth of the company.

B. It is a highly commodity dependent theme.

C. it is highly dependent on commodity market rather than equity market and degrees off fluctuations are Higher.

opportunities related to this company is that this company has a large market share in United States and it can accordingly appreciate through appreciation in the prices of oil and those who want to play into the energy sector can have an exposure into this company for gaining a higher amount of capital appreciation.

YES, it is a successful company because it is the largest United States oil company and it has grown with the time and it has acquired a large number of consumers and it has a wider market share so overall it can be said that it is a successful company but 2020 has not been good for this company.