ConocoPhillips (COP) Projected to Post Earnings on Thursday

ConocoPhillips (NYSE:COP - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect ConocoPhillips to post earnings of $2.03 per share and revenue of $15.74 billion for the quarter.

ConocoPhillips (NYSE:COP - Get Free Report) last posted its earnings results on Thursday, February 6th. The energy producer reported $1.98 earnings per share for the quarter, topping analysts' consensus estimates of $1.78 by $0.20. ConocoPhillips had a net margin of 16.23% and a return on equity of 17.26%. On average, analysts expect ConocoPhillips to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

ConocoPhillips Price Performance

Shares of COP traded down $3.30 during trading hours on Monday, reaching $88.11. The stock had a trading volume of 5,210,501 shares, compared to its average volume of 7,175,287. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.14 and a current ratio of 1.29. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $125.22. The stock has a market capitalization of $111.39 billion, a PE ratio of 11.33, a PEG ratio of 0.79 and a beta of 0.64. The company's 50-day moving average is $93.78 and its two-hundred day moving average is $99.95.

ConocoPhillips Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were given a $0.78 dividend. The ex-dividend date was Friday, February 14th. This represents a $3.12 annualized dividend and a yield of 3.54%. ConocoPhillips's dividend payout ratio is presently 40.05%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Bank of America downgraded shares of ConocoPhillips from a "buy" rating to a "neutral" rating and cut their target price for the stock from $138.00 to $107.00 in a research report on Tuesday, April 29th. Truist Financial boosted their price objective on shares of ConocoPhillips from $138.00 to $139.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. The Goldman Sachs Group set a $132.00 target price on ConocoPhillips in a research report on Thursday, January 30th. Royal Bank of Canada cut their target price on ConocoPhillips from $133.00 to $120.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Finally, Raymond James cut ConocoPhillips from a "strong-buy" rating to an "outperform" rating and decreased their price target for the company from $157.00 to $124.00 in a research note on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, ConocoPhillips has a consensus rating of "Moderate Buy" and a consensus target price of $124.79.

About ConocoPhillips

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.