NYSE:COP - ConocoPhillips 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 decreased by 9.0% and is now trading at $29.62. 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) released its earnings results on Tuesday, February, 4th. The energy producer reported $0.76 EPS for the quarter, missing the 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 net margin of 19.60% and a return on equity of 11.84%. During the same quarter in the prior year, the business posted $1.13 earnings per share. View ConocoPhillips' earnings history.

ConocoPhillips declared a quarterly dividend on Tuesday, February 4th. Shareholders 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 yield of 5.67%. The ex-dividend date is Thursday, February 13th. View ConocoPhillips' dividend history.

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

19 Wall Street analysts have issued 12-month price targets for ConocoPhillips' shares. Their forecasts range from $40.00 to $80.00. On average, they expect ConocoPhillips' share price to reach $64.00 in the next year. This suggests a possible upside of 116.1% from the stock's current price. View analysts' price targets for ConocoPhillips.

Headlines about COP stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press 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 closest to five being the most favorable. ConocoPhillips earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the energy producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutConocoPhillips.

ConocoPhillips saw a increase in short interest in 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. Approximately 1.3% 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), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX), Comstock Resources (CRK) and SRC Energy (SRCI).

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), Johnson & Johnson (JNJ) 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 retail and institutional investors. Top institutional shareholders include Cox Capital Mgt LLC (0.00%). Company insiders that own ConocoPhillips stock include 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 purchased by a variety of institutional investors in the last quarter, including Cox Capital Mgt 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 $29.62.

ConocoPhillips has a market capitalization of $32.02 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]