ConocoPhillips (COP)
ConocoPhillips Altman Z-Score: 2.894
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COP Altman Z-Score Rankings
| Overall | 53rd percentile | 1646 of 3550 |
| Sector | 58th percentile | 158 of 381 in Basic Materials |
| Industry | 30th percentile | 7 of 10 in Major Integrated Oil & Gas |
COP Altman Z-Score Range, Past 5 Years
| Minimum | 2.025 | Sep 2009 |
| Maximum | 3.324 | Dec 2008 |
| Average | 2.818 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| COP | 52.11 | -0.03 | -0.06% | 66.68B |
| COOL | 2.08 | +0.02 | +0.97% | 85.97M |
| COO | 85.53 | -0.21 | -0.24% | 4.093B |
| CONN | 17.71 | -0.04 | -0.23% | 566.19M |
| CONG | 50.80 | +0.04 | +0.08% | |
| COMV | 1.74 | +0.00 | +0.00% | 47.87M |
| COLM | 48.90 | +0.24 | +0.49% | 1.649B |
| COLB | 18.13 | -0.11 | -0.60% | 719.22M |
| COL | 50.15 | -0.47 | -0.93% | 7.454B |
| COKE | 60.75 | -0.22 | -0.36% | 559.51M |
