ConocoPhillips - COP Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last twelve months. There are currently 1 sell rating, 3 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" COP shares.
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20 Wall Street research analysts have issued 1 year target prices for ConocoPhillips' shares. Their COP share price forecasts range from $102.00 to $160.00. On average, they predict the company's stock price to reach $137.95 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price.
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ConocoPhillips' stock was trading at $118.00 at the start of the year. Since then, COP shares have decreased by 6.1% and is now trading at $110.80.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
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ConocoPhillips (NYSE:COP) posted its quarterly earnings results on Thursday, February, 2nd. The energy producer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.72 by $0.01. The energy producer earned $19.26 billion during the quarter, compared to the consensus estimate of $18.16 billion. ConocoPhillips had a trailing twelve-month return on equity of 35.30% and a net margin of 22.74%. The firm's quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.27 EPS.
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ConocoPhillips declared a quarterly dividend on Thursday, February 2nd. Investors of record on Tuesday, February 14th will be paid a dividend of $0.51 per share on Wednesday, March 1st. This represents a $2.04 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Monday, February 13th.
Read our dividend analysis for COP.

ConocoPhillips (NYSE:COP) pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.90%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 14.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COP will have a dividend payout ratio of 17.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COP.

417 employees have rated ConocoPhillips Chief Executive Officer Ryan M. Lance on Glassdoor.com. Ryan M. Lance has an approval rating of 88% among the company's employees.

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

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

ConocoPhillips' stock is owned by many different retail and institutional investors. Top institutional shareholders include Boston Partners (0.56%), Fisher Asset Management LLC (0.55%), Diamond Hill Capital Management Inc. (0.44%), Swiss National Bank (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.29%) and California Public Employees Retirement System (0.23%). Insiders that own company stock include Andrew D Lundquist, David Thomas Seaton, Dominic E Macklon, Ellen Desanctis, Heather G Sirdashney, Jody Freeman, Nicholas G Olds, Nicholas G Olds, R A Walker, Ryan Michael Lance, Timothy A Leach and Welsh Kontessa S Haynes.
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Shares of COP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COP stock can currently be purchased for approximately $110.80.

ConocoPhillips (NYSE:COP) has a market capitalization of $138.06 billion and generates $82.16 billion in revenue each year. The energy producer earns $18.68 billion in net income (profit) each year or $14.51 on an earnings per share basis.

The company employs 9,900 workers across the globe.

ConocoPhillips' mailing address is 925 N. ELDRIDGE PARKWAY, HOUSTON TX, 77084. The official website for the company is www.conocophillips.com. The energy producer can be reached via phone at (281) 293-1000, via email at investor.relations@conocophillips.com, or via fax at 281-293-1440.