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. Investors 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 annualized dividend 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 initiated a share repurchase program on Tuesday, February 4th 2020, which authorizes the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 15.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors 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 analysts' consensus estimates of $0.81 by $0.05. The energy producer earned $8.14 billion during the quarter, compared to analysts' expectations of $7.83 billion. During the same quarter 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 brokers have issued 1-year target prices for ConocoPhillips' stock. Their forecasts range from $64.00 to $85.00. On average, they expect ConocoPhillips' share price to reach $74.67 in the next twelve months. This suggests a possible upside of 27.4% 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.

Headlines about COP stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. ConocoPhillips earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the energy producer a news buzz of 0.0 out of 10, indicating that recent news 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 in 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 daily volume of 6,020,000 shares, the short-interest ratio is presently 2.0 days. Approximately 1.1% of the shares of the company are sold short. View ConocoPhillips' Current Options Chain.

Some companies that are related to ConocoPhillips include Apache (APA), Noble Energy (NBL), SRC Energy (SRCI), Carrizo Oil & Gas (CRZO), Oasis Petroleum (OAS), Northern Oil & Gas (NOG), Contango Oil & Gas (MCF), Isramco (ISRL), Evolution Petroleum (EPM), Abraxas Petroleum (AXAS), Approach Resources (AREX), Berry Petroleum (BRY), Blue Ridge Mountain Resources (MHRCQ), Bonanza Creek Energy (BCEI) and Cabot Oil & Gas (COG).

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), General Electric (GE), Cisco Systems (CSCO), AbbVie (ABBV), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

ConocoPhillips' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.59%), FMR LLC (1.78%), Bank of New York Mellon Corp (1.19%), Boston Partners (0.91%), Charles Schwab Investment Management Inc. (0.56%) and UBS Asset Management Americas Inc. (0.44%). Company insiders that own ConocoPhillips stock include Andrew D Lundquist, Don E Jr Wallette, 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 Barrow Hanley Mewhinney & Strauss LLC, AJO LP, PGGM Investments, AQR Capital Management LLC, Prudential Financial Inc., Yacktman Asset Management LP, Schonfeld Strategic Advisors LLC and Schroder Investment Management Group. 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, Point72 Asset Management L.P., Artemis Investment Management LLP, LSV Asset Management, Amundi Pioneer Asset Management Inc. and Thrivent Financial for Lutherans. 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 $58.62.