NYSE:COPConocoPhillips Stock Price, Forecast & News

ConocoPhillips' stock was trading at $32.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, COP shares have increased by 25.4% and is now trading at $40.82.
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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) posted its quarterly earnings data on Thursday, July, 30th. The energy producer reported ($0.92) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.58) by $0.34. The energy producer earned $4.02 billion during the quarter, compared to the consensus estimate of $4.19 billion. ConocoPhillips had a net margin of 8.49% and a return on equity of 3.72%. During the same quarter in the previous year, the firm earned $1.01 EPS.
View ConocoPhillips' earnings history.

ConocoPhillips announced a quarterly dividend on Wednesday, July 8th. Stockholders of record on Monday, July 20th will be given a dividend of $0.42 per share on Tuesday, September 1st. This represents a $1.68 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend is Friday, July 17th.
View ConocoPhillips' dividend history.

ConocoPhillips declared that its board has authorized a stock buyback 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 leadership believes its stock is undervalued.

23 Wall Street analysts have issued 1-year price objectives for ConocoPhillips' stock. Their forecasts range from $40.00 to $79.00. On average, they anticipate ConocoPhillips' stock price to reach $55.74 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price.
View analysts' price targets for ConocoPhillips.

News headlines about COP stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. ConocoPhillips earned a coverage optimism score of -4.1 on InfoTrie's scale. They also assigned news stories about the energy producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about ConocoPhillips.

ConocoPhillips saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 14,080,000 shares, a decrease of 12.9% from the April 15th total of 16,170,000 shares. Based on an average daily volume of 11,830,000 shares, the short-interest ratio is currently 1.2 days. Approximately 1.3% of the company's stock are sold short.
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 variety of institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (1.51%), Bank of New York Mellon Corp (1.10%), FMR LLC (0.96%), Fisher Asset Management LLC (0.45%), Bessemer Group Inc. (0.44%) and Bank of Montreal Can (0.43%). 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 FMR LLC, Assenagon Asset Management S.A., Schafer Cullen Capital Management Inc, MUFG Securities EMEA plc, Prudential Financial Inc., Russell Investments Group Ltd., LSV Asset Management, and Banco Santander S.A.. 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., Bank of Montreal Can, AJO LP, AMF Pensionsforsakring AB, Atalanta Sosnoff Capital LLC, Bessemer Group Inc., and Bank of New York Mellon Corp.
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 $40.82.

ConocoPhillips has a market capitalization of $43.78 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]