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ConocoPhillips Trading Volume Drops 21.67% Ranked 83rd Amid Executive's $500K Stock Purchase
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 8:00 pm ET1min read
On June 17, 2025,
(COP) experienced a trading volume of $769 million, marking a 21.67% decrease from the previous day. The stock's trading volume ranked 83rd among all stocks traded that day. The stock price of ConocoPhillips increased by 0.53%.Kirk L. Johnson, the Executive Vice President of ConocoPhillips, made a significant purchase of 5,300 shares of the company's common stock on June 16, 2025. The shares were acquired at an average price of $94.24 per share, totaling $499,472. This transaction reflects a strong confidence in the company's future prospects from one of its top executives.
Johnson's purchase is notable as it comes at a time when the energy sector is facing various challenges, including geopolitical tensions and market volatility. The insider buying activity by a high-ranking executive like Johnson can be seen as a positive signal to investors, potentially influencing market sentiment and stock performance.
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