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 shares have increased by 24.8% and is now trading at $40.64. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 4 hold ratings, 17 buy ratings and 1 strong buy rating 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, July 30th 2020. View our earnings forecast for ConocoPhillips.

ConocoPhillips will be holding an earnings conference call on Thursday, July 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) released its earnings results on Thursday, April, 30th. The energy producer reported $0.45 EPS for the quarter, beating the consensus estimate of $0.23 by $0.22. The energy producer earned $4.81 billion during the quarter, compared to the consensus estimate of $6.55 billion. ConocoPhillips had a return on equity of 10.02% and a net margin of 11.51%. During the same period in the prior year, the company earned $1.00 EPS. View ConocoPhillips' earnings history.

ConocoPhillips declared a quarterly dividend on Thursday, April 30th. Investors of record on Monday, May 11th will be given a dividend of $0.42 per share on Monday, June 1st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Friday, May 8th. View ConocoPhillips' dividend history.

ConocoPhillips announced that its board has initiated a share repurchase 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 generally an indication that the company's board of directors believes its stock is undervalued.

22 brokerages have issued 1 year price targets for ConocoPhillips' stock. Their forecasts range from $40.00 to $79.00. On average, they anticipate ConocoPhillips' share price to reach $57.14 in the next twelve months. This suggests a possible upside of 40.6% from the stock's current price. View analysts' price targets for ConocoPhillips.

News headlines about COP stock have been trending negative this week, InfoTrie reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ConocoPhillips earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the energy producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about ConocoPhillips.

ConocoPhillips saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 11,820,000 shares, a drop of 6.3% from the June 15th total of 12,610,000 shares. Based on an average daily trading volume, of 9,530,000 shares, the short-interest ratio is presently 1.2 days. Approximately 1.1% of the shares of the company are short sold. 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), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN). View all competitors.

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

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

ConocoPhillips' stock is owned by a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.03%), Park National Corp OH (0.02%), Hudson Valley Investment Advisors Inc. ADV (0.00%), Truehand Inc (0.00%), Fulton Bank N. A. (0.00%) and Legacy Capital Partners Inc. (0.00%). 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 Municipal Employees Retirement System of Michigan, Park National Corp OH, HNP Capital LLC, Legacy Capital Partners Inc., West Oak Capital LLC, Thomasville National Bank, Truehand Inc, and Private Trust Co. NA. 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 State of Alaska Department of Revenue, Diversified Trust Co, Courier Capital LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, Fulton Bank N. A., M&R Capital Management Inc., American National Bank, and Stillwater Investment Management LLC. 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 $40.64.

ConocoPhillips has a market capitalization of $43.58 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]