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 given a dividend of $0.42 per share on Monday, March 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date is Thursday, February 13th. View ConocoPhillips' Dividend History.

ConocoPhillips announced that its board has approved a share repurchase 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 reacquire up to 15.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

ConocoPhillips (NYSE:COP) announced its quarterly earnings results on Tuesday, February, 4th. The energy producer reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.81 by $0.05. The energy producer earned $8.14 billion during the quarter, compared to analyst estimates of $7.83 billion. ConocoPhillips had a net margin of 19.60% and a return on equity of 11.84%. During the same period in the prior 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 brokerages have issued twelve-month price objectives for ConocoPhillips' stock. Their forecasts range from $64.00 to $85.00. On average, they anticipate ConocoPhillips' share price to reach $74.67 in the next year. This suggests a possible upside of 57.3% 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.

Media stories about COP stock have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ConocoPhillips earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media coverage about the energy producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for ConocoPhillips.

ConocoPhillips saw a decrease in short interest in 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 trading volume of 6,060,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.8% of the shares of the company 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), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), Kosmos Energy (KOS) and PDC Energy (PDCE).

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 institutional and retail investors. Top institutional shareholders 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 Macquarie Group Ltd. (1.35%). 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, Macquarie Group Ltd., Capital World Investors, Capital International Investors, Point72 Asset Management L.P. and Artemis Investment Management LLP. 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 $47.47.

ConocoPhillips has a market capitalization of $51.32 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]