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 Monday, October 7th. Shareholders of record on Thursday, October 17th will be paid a dividend of $0.42 per share on Monday, December 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Wednesday, October 16th. This is a positive change from ConocoPhillips's previous quarterly dividend of $0.31. View ConocoPhillips' Dividend History.

ConocoPhillips declared that its board has initiated a stock repurchase program on Thursday, July 12th 2018, which authorizes the company to repurchase $9,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

ConocoPhillips (NYSE:COP) released its quarterly earnings results on Tuesday, October, 29th. The energy producer reported $0.82 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.78 by $0.04. The energy producer earned $10.09 billion during the quarter, compared to analysts' expectations of $7.06 billion. ConocoPhillips had a return on equity of 13.54% and a net margin of 21.44%. During the same quarter in the previous year, the company posted $1.36 earnings per share. View ConocoPhillips' Earnings History.

ConocoPhillips is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for ConocoPhillips.

ConocoPhillips will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 analysts have issued 1 year price objectives for ConocoPhillips' shares. Their forecasts range from $64.00 to $85.00. On average, they anticipate ConocoPhillips' share price to reach $75.00 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for ConocoPhillips.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ConocoPhillips.

News coverage about COP stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 -1.4 on InfoTrie's scale. They also assigned 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 company's share price in the next few days. View News Stories for ConocoPhillips.

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), Kosmos Energy (KOS), Matador Resources (MTDR) and EQT (EQT).

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 institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.25%), New York State Teachers Retirement System (0.16%), Artemis Investment Management LLP (0.14%), Strs Ohio (0.08%), Gateway Investment Advisers LLC (0.08%) and Calamos Advisors LLC (0.08%). 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 PGGM Investments, Commerzbank Aktiengesellschaft FI, Clark Capital Management Group Inc., Caymus Capital Partners L.P., Gradient Investments LLC, California Public Employees Retirement System, Gateway Investment Advisers LLC and Bowling Portfolio Management LLC. View Insider Buying and Selling for ConocoPhillips.

COP stock was purchased by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Mckinley Capital Management LLC Delaware, Calamos Advisors LLC, Strs Ohio, TIAA FSB, Assenagon Asset Management S.A., Executive Wealth Management LLC and Winmill & CO. Inc.. 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 $61.04.

ConocoPhillips has a market capitalization of $66.98 billion and generates $38.73 billion in revenue each year. The energy producer earns $6.26 billion in net income (profit) each year or $4.53 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]