NYSE:COP - ConocoPhillips Stock Price, Forecast & News

ConocoPhillips trades on the New York Stock Exchange (NYSE) under the ticker symbol "COP."

ConocoPhillips declared a quarterly dividend on Tuesday, February 4th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.42 per share on Monday, March 2nd. This represents a $1.68 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, February 13th. View ConocoPhillips' Dividend History.

ConocoPhillips declared that its board has authorized a stock buyback plan on Tuesday, February 4th 2020, which allows the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 15.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

ConocoPhillips (NYSE:COP) announced its quarterly earnings data on Tuesday, February, 4th. The energy producer reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by $0.05. The energy producer had revenue of $8.14 billion for the quarter, compared to analyst estimates of $7.83 billion. ConocoPhillips had a return on equity of 11.84% and a net margin of 19.60%. During the same quarter in the previous year, the firm earned $1.13 EPS. View ConocoPhillips' Earnings History.

ConocoPhillips is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for ConocoPhillips.

16 equities research analysts have issued 12-month price objectives for ConocoPhillips' shares. Their forecasts range from $64.00 to $85.00. On average, they expect ConocoPhillips' share price to reach $74.67 in the next year. This suggests a possible upside of 45.9% from the stock's current price. View Analyst Price Targets for ConocoPhillips.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ConocoPhillips.

Press coverage about COP stock has trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. ConocoPhillips earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news articles about the energy producer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for ConocoPhillips.

ConocoPhillips saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 8,380,000 shares, a decrease of 31.2% from the January 30th total of 12,180,000 shares. Based on an average daily trading volume, of 6,060,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.8% of the company's shares are short sold. View ConocoPhillips' Current Options Chain.

Some companies that are related to ConocoPhillips include EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Continental Resources (CLR), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), Matador Resources (MTDR) and EQT (EQT).

Based on aggregate information from My MarketBeat watchlists, some companies that other ConocoPhillips investors own include Exxon Mobil (XOM), Intel (INTC), AT&T (T), Chevron (CVX), Verizon Communications (VZ), Cisco Systems (CSCO), General Electric (GE), AbbVie (ABBV), JPMorgan Chase & Co. (JPM) and Bank of America (BAC).

ConocoPhillips' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.59%), Capital World Investors (1.78%), FMR LLC (1.78%), Capital International Investors (1.65%), Geode Capital Management LLC (1.49%) and Bank of New York Mellon Corp (1.19%). Company insiders that own ConocoPhillips stock include Andrew D Lundquist, Don E Jr Wallette, Ellen Desanctis, Glenda Mae Schwarz, Janet Langford Kelly, Jody Freeman, Ryan Michael Lance and William L Jr Bullock. View Institutional Ownership Trends for ConocoPhillips.

COP stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Barrow Hanley Mewhinney & Strauss LLC, AJO LP, PGGM Investments, Man Group plc, Alberta Investment Management Corp, AQR Capital Management LLC and Prudential Financial Inc.. Company insiders that have sold ConocoPhillips company stock in the last year include Ellen Desanctis and William L Jr Bullock. View Insider Buying and Selling for ConocoPhillips.

COP stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Boston Partners, Capital World Investors, Capital International Investors, Point72 Asset Management L.P., Artemis Investment Management LLP and LSV Asset Management. View Insider Buying and Selling for ConocoPhillips.

Shares of COP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of COP stock can currently be purchased for approximately $51.17.

ConocoPhillips has a market capitalization of $55.32 billion and generates $36.67 billion in revenue each year. The energy producer earns $7.19 billion in net income (profit) each year or $3.59 on an earnings per share basis. ConocoPhillips employs 10,400 workers across the globe.View Additional Information About ConocoPhillips.

The official website for ConocoPhillips is http://www.conocophillips.com/.

ConocoPhillips' mailing address is 925 N. ELDRIDGE PARKWAY, HOUSTON TX, 77084. The energy producer can be reached via phone at 281-293-1000 or via email at [email protected]