NYSE:COPConocoPhillips Stock Price, Forecast & News

ConocoPhillips' stock was trading at $32.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, COP stock has increased by 26.9% and is now trading at $41.31. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 4 hold ratings, 17 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ConocoPhillips.

ConocoPhillips is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for ConocoPhillips.

ConocoPhillips will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ConocoPhillips (NYSE:COP) announced its quarterly earnings results on Thursday, April, 30th. The energy producer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.22. The energy producer earned $4.81 billion during the quarter, compared to the consensus estimate of $6.55 billion. ConocoPhillips had a return on equity of 10.02% and a net margin of 11.51%. During the same quarter in the previous year, the company earned $1.00 EPS. View ConocoPhillips' earnings history.

ConocoPhillips declared a quarterly dividend on Wednesday, July 8th. Shareholders of record on Monday, July 20th will be paid a dividend of $0.42 per share on Tuesday, September 1st. This represents a $1.68 annualized dividend and a dividend yield of 4.07%. The ex-dividend date is Friday, July 17th. View ConocoPhillips' dividend history.

ConocoPhillips announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 4th 2020, which authorizes the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 15.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

22 brokerages have issued twelve-month price targets for ConocoPhillips' stock. Their forecasts range from $40.00 to $79.00. On average, they expect ConocoPhillips' share price to reach $55.82 in the next year. This suggests a possible upside of 35.1% from the stock's current price. View analysts' price targets for ConocoPhillips.

News stories about COP stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. ConocoPhillips earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave news articles about the energy producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about ConocoPhillips.

ConocoPhillips saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 11,820,000 shares, a drop of 6.3% from the June 15th total of 12,610,000 shares. Based on an average trading volume of 9,530,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.1% of the company's stock 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN). View all competitors.

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

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

ConocoPhillips' stock is owned by many different retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.16%), Envestnet Asset Management Inc. (0.11%), Foundation Resource Management Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Wedge Capital Management L L P NC (0.03%) and Park National Corp OH (0.02%). Company insiders that own ConocoPhillips stock include David Thomas Seaton, Don E Jr Wallette, Ellen Desanctis, Glenda Mae Schwarz, Janet Langford Kelly, 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 Manning & Napier Group LLC, Vigilant Capital Management LLC, 6 Meridian, Dalton Greiner Hartman Maher & Co., Exane Derivatives, IFM Investors Pty Ltd, Municipal Employees Retirement System of Michigan, and Park National Corp OH. 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 activity for ConocoPhillips.

COP stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Moody National Bank Trust Division, Hoey Investments Inc., Veracity Capital LLC, Canandaigua National Corp, DNB Asset Management AS, State of Alaska Department of Revenue, and Investment House LLC. View insider buying and selling activity 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 $41.31.

ConocoPhillips has a market capitalization of $44.30 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.

The official website for ConocoPhillips is 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]