NYSE:COP - ConocoPhillips Stock Price, Forecast & News

ConocoPhillips' stock was trading at $32.56 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, COP shares have decreased by 10.2% and is now trading at $29.25. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 2 hold ratings and 17 buy ratings 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, April 30th 2020. View our earnings forecast for ConocoPhillips.

ConocoPhillips will be holding an earnings conference call on Thursday, April 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) issued its quarterly earnings results on Tuesday, February, 4th. The energy producer reported $0.76 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.81 by $0.05. The energy producer had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $7.83 billion. ConocoPhillips had a return on equity of 11.84% and a net margin of 19.60%. During the same period last year, the business posted $1.13 earnings per share. View ConocoPhillips' earnings history.

ConocoPhillips declared a quarterly dividend on Tuesday, February 4th. Investors 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 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date of this dividend is Thursday, February 13th. View ConocoPhillips' dividend history.

ConocoPhillips declared that its board has initiated 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 repurchase up to 15.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its shares are undervalued.

19 equities research analysts have issued 12-month target prices for ConocoPhillips' stock. Their forecasts range from $40.00 to $85.00. On average, they expect ConocoPhillips' share price to reach $65.84 in the next year. This suggests a possible upside of 125.1% from the stock's current price. View analysts' price targets for ConocoPhillips.

Media coverage about COP stock has been trending somewhat negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. ConocoPhillips earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the energy producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutConocoPhillips.

ConocoPhillips saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 13,355,300 shares, an increase of 28.3% from the February 27th total of 10,410,000 shares. Based on an average daily volume of 7,430,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.3% 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), Marathon Oil (MRO), Devon Energy (DVN), Noble Energy (NBL), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX), SRC Energy (SRCI) and Comstock Resources (CRK).

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

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

ConocoPhillips' stock is owned by a number of retail and institutional 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 activity for ConocoPhillips.

COP stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Nuveen Asset Management LLC, FMR LLC, Bank of New York Mellon Corp, Boston Partners, Macquarie Group Ltd., Capital World Investors, and Capital International Investors. 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 $29.25.

ConocoPhillips has a market capitalization of $31.62 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]