NYSE:COP - ConocoPhillips Stock Price, Forecast & News

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

ConocoPhillips announced 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 2.87%. The ex-dividend date is Thursday, February 13th. View ConocoPhillips' Dividend History.

ConocoPhillips declared that its Board of Directors has approved a share buyback program on Tuesday, February 4th 2020, which allows the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 15.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

ConocoPhillips (NYSE:COP) posted its quarterly earnings results 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 earned $8.14 billion during the quarter, compared to analysts' expectations of $7.83 billion. ConocoPhillips had a net margin of 19.60% and a return on equity of 11.84%. During the same period last year, the firm posted $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 Wall Street analysts have issued 12 month target prices for ConocoPhillips' shares. Their forecasts range from $64.00 to $85.00. On average, they anticipate ConocoPhillips' stock price to reach $74.67 in the next year. This suggests a possible upside of 27.8% 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.

News stories about COP stock have been trending somewhat positive recently, InfoTrie reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ConocoPhillips earned a news sentiment score of 0.5 on InfoTrie's scale. They also assigned news headlines about the energy producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for ConocoPhillips.

ConocoPhillips saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 12,180,000 shares, an increase of 7.2% from the January 15th total of 11,360,000 shares. Based on an average trading volume of 6,020,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.1% of the company's shares are sold short. 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), Devon Energy (DVN), Noble Energy (NBL), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

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 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 acquired 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 $58.44.

ConocoPhillips has a market capitalization of $63.18 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 10,800 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]