NYSE:COPConocoPhillips Stock Price, Forecast & News

ConocoPhillips' stock was trading at $32.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, COP stock has increased by 22.0% and is now trading at $39.71.
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23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 4 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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ConocoPhillips is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for ConocoPhillips.

ConocoPhillips (NYSE:COP) issued its earnings results on Thursday, July, 30th. The energy producer reported ($0.92) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.58) by $0.34. The energy producer earned $4.02 billion during the quarter, compared to analysts' expectations of $4.19 billion. ConocoPhillips had a net margin of 8.49% and a return on equity of 3.72%. During the same period last year, the firm posted $1.01 earnings per share.
View ConocoPhillips' earnings history.

ConocoPhillips declared a quarterly dividend on Wednesday, July 8th. Stockholders 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 yield of 4.23%. The ex-dividend date is Friday, July 17th.
View ConocoPhillips' dividend history.

ConocoPhillips declared that its board has approved a stock buyback plan on Tuesday, February 4th 2020, which allows the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 15.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

23 brokers have issued 1 year price objectives for ConocoPhillips' stock. Their forecasts range from $40.00 to $79.00. On average, they expect ConocoPhillips' share price to reach $55.74 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price.
View analysts' price targets for ConocoPhillips.

News stories about COP stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ConocoPhillips earned a daily sentiment score of -1.2 on InfoTrie's scale. They also gave media stories about the energy producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about ConocoPhillips.

ConocoPhillips saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 13,180,000 shares, an increase of 57.3% from the January 31st total of 8,380,000 shares. Based on an average daily volume of 6,370,000 shares, the days-to-cover ratio is currently 2.1 days.
View ConocoPhillips' Short Interest.

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), Devon Energy (DVN), Marathon Oil (MRO), EQT (EQT), Callon Petroleum (CPE), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC).
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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), AbbVie (ABBV), Johnson & Johnson (JNJ), Bank of America (BAC) and Walt Disney (DIS).

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 Macquarie Group Ltd. (1.51%), Bank of New York Mellon Corp (1.10%), Fisher Asset Management LLC (0.45%), Bessemer Group Inc. (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.41%) and Swiss National Bank (0.40%). 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 Assenagon Asset Management S.A., Schafer Cullen Capital Management Inc, Prudential Financial Inc., Russell Investments Group Ltd., LSV Asset Management, Banco Santander S.A., SG Americas Securities LLC, and Manning & Napier Group LLC. 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 purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Macquarie Group Ltd., Atalanta Sosnoff Capital LLC, Bessemer Group Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Phoenix Holdings Ltd., and Healthcare of Ontario Pension Plan Trust Fund.
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 $39.71.

ConocoPhillips has a market capitalization of $42.59 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]