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MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
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Intensity and insults rise as lawmakers debate debt ceiling
The Market Crash Shield is A.I. (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
The Market Crash Shield is A.I. (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
The Market Crash Shield is A.I. (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
The Market Crash Shield is A.I. (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
The Market Crash Shield is A.I. (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
The Market Crash Shield is A.I. (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
The Market Crash Shield is A.I. (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
Top-Rated Dividend Stocks  
NYSE:COP

ConocoPhillips - COP Stock Forecast, Price & News

$99.21
-0.04 (-0.04%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$98.94
▼
$99.90
50-Day Range
$94.39
▼
$124.65
52-Week Range
$78.30
▼
$138.49
Volume
7.71 million shs
Average Volume
7.23 million shs
Market Capitalization
$120.92 billion
P/E Ratio
6.84
Dividend Yield
2.06%
Price Target
$135.62

ConocoPhillips MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
36.7% Upside
$135.62 Price Target
Short Interest
Healthy
1.08% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-9.27
Upright™ Environmental Score
News Sentiment
0.27mentions of ConocoPhillips in the last 14 days
Based on 24 Articles This Week
Insider Trading
Acquiring Shares
$996,000 Bought Last Quarter
Proj. Earnings Growth
-4.45%
From $11.46 to $10.95 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Oils/Energy Sector

29th out of 244 stocks

Petroleum Refining Industry

2nd out of 17 stocks

See Top Rated MarketRank™ Stocks Here

COP stock logo

About ConocoPhillips (NYSE:COP) Stock

ConocoPhillips is a US-based muti-national energy company. ConocoPhillips is a diversified and integrated energy company with operations in all energy industry segments. In 2021, it was ranked the 8th largest petroleum company by market cap and was #156 on the Forbes Fortune 500 list. Regarding the global economy, it is the world’s 574th largest business, with operations in 13 countries. It is one of 5 remaining companies from Standard Oil’s split up and is the result of decades of mergers and acquisitions.

The company’s earliest origins are in 1875 with the birth of Continental Oil and Transportation Company, Conoco. The company grew quickly with the industrial revolution and the widening usage of Kerosene, among other petroleum products, for heating and lighting. By 1885 it had become part of the Standard Oil family of companies, a time in which it also saw explosive growth.

Assets related to the original Conoco were sold to oil exploration leader E.W. Marland and were later remerged following Standard’s demise. By 1929, the company was an independent and fully integrated energy company specializing in crude and derivative products. Phillips Petroleum Company was founded in 1917 as an oil exploration company that quickly expanded into diversified operations. The company hit the big times upon the discovery of natural gas in the Texas panhandle and it saw explosive growth in the war and post-war periods of the early and mid-20th century.

Today, ConocoPhillips explores for, develops and produces crude oil, natural gas, natural gas liquids and bitumen across a diversified portfolio of assets. The company also transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), natural gas liquids and their derivative products through a global network of distributors.

The company’s operations span the conventional and tight oil markets, including shale gas, heavy oil, oil sands and other petroleum-related businesses. As of late 2022, the company had more than 6.1 billion barrels of proven oil and oil-equivalent reserves and was producing 1.731 million barrels of crude and equivalents per day. Roughly 50% of operations are centered in the crude oil market while less than 40% are natural gas, with the remainder made up of LNG and bitumen (asphalt).

The company's portfolio includes conventional, unconventional plays in North America, Europe, Asia and Australia. Assets are primarily located in Alaska (about 33% of US production), Eagle Ford, the Permian Basin, the Bakken, the Gulf of Mexico and the Anadarko Basin. Revenue topped $45.8 billion in 2021 and the company employs about 9,900 worldwide. Exploratory operations are underway in Columbia and Chile where the opportunity for both scale and flexibility is present.

ConocoPhillips was the first major oil company to adopt the Paris Climate Accord and pledge to achieve net-zero scope 1 and scope 2 emissions by 2050. Areas of focus include increasing operational efficiencies, supporting the reduction of end-use pollutants and advancing low-carbon alternatives, including hydrogen production and fuel cells.

 

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COP Stock News Headlines

March 24, 2023 | marketbeat.com
ConocoPhillips details gas leak cause, remedies at hearing
ConocoPhillips has detailed reasons and remedies following a natural gas leak last year on the North Slope that caused 300 employees to be evacuated
March 10, 2023 | marketbeat.com
Judge sides with ConocoPhillips Alaska in well data dispute
April 1, 2023 | Vantage Point (Ad)
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March 9, 2023 | marketbeat.com
3 Large Cap Dividend Challengers for Millennial Investors (COP)
Dividend Challengers may be the perfect match for Millennials and other younger investors whose dividend growth journey has only just begun.
March 6, 2023 | marketbeat.com
Helmerich & Payne Stock, A Lot More Upside Than Meets the Eye (COP)
Massive investor benefits coming to HP, along with a revised prediction for higher oil prices pushing further alpha in the stock's target price.
April 1, 2023 | finance.yahoo.com
Energy security is trumping climate concerns
April 1, 2023 | americanbankingnews.com
Research Analysts Offer Predictions for ConocoPhillips' Q2 2023 Earnings (NYSE:COP)
March 31, 2023 | finance.yahoo.com
PDVSA's supervising board to appeal new creditors' move to go after Citgo
April 1, 2023 | Vantage Point (Ad)
What’s At Stake In April is Shocking
The Fed will be meeting on a topic that could change trading forever, and the decision could come as soon as the end of April. But by taking the smartest approach now, you can help shield your assets and work toward your trading goals. Time, as always, is of the essence. Click on this link to see what you need to do right away. pixel
March 31, 2023 | finance.yahoo.com
Venezuelan Opposition Stiffs Lawyers While Awaiting $347 Million
March 31, 2023 | americanbankingnews.com
Capital One Financial Comments on ConocoPhillips' Q1 2023 Earnings (NYSE:COP)
March 30, 2023 | finance.yahoo.com
ConocoPhillips' (NYSE:COP) institutional shareholders had a great week as one-year returns increased after a 3.5% gain last week
March 27, 2023 | americanbankingnews.com
ConocoPhillips (NYSE:COP) Given New $115.00 Price Target at Morgan Stanley
March 27, 2023 | finance.yahoo.com
ConocoPhillips Announces Plans to Become Upstream Operator and Agreement to Purchase Additional Shareholding Interest in APLNG
March 26, 2023 | finance.yahoo.com
ConocoPhillips CEO Doubles Down on Alaska Oil as Competitors Leave Arctic
March 26, 2023 | americanbankingnews.com
Barclays Cuts ConocoPhillips (NYSE:COP) Price Target to $141.00
March 25, 2023 | investorplace.com
What the Willow Project Means for ConocoPhillips
March 23, 2023 | finance.yahoo.com
Official: Willow oil project holds promise, faces obstacles
March 23, 2023 | finance.yahoo.com
ConocoPhillips to Hold First-Quarter Earnings Conference Call on Thursday, May 4
March 23, 2023 | investing.com
ConocoPhillips PT Lowered to $141 at Barclays
March 22, 2023 | finance.yahoo.com
ConocoPhillips (COP) Stock Moves -1.34%: What You Should Know
March 21, 2023 | finance.yahoo.com
ConocoPhillips' (NYSE:COP)) market cap declines to US$117b but insiders who sold US$5.3m stock were able to hedge their losses
March 20, 2023 | finance.yahoo.com
Sempra Launches Port Arthur LNG Project
March 20, 2023 | finance.yahoo.com
UPDATE 1-Sempra reaches final investment decision on Port Arthur LNG plant's Phase 1
March 18, 2023 | finance.yahoo.com
The Willow Oil Controversy, Explained
March 17, 2023 | finance.yahoo.com
Biden’s interior secretary criticized over ‘difficult’ choice on Willow oil-drilling project in Alaska
March 17, 2023 | finance.yahoo.com
Haaland criticized over ‘difficult’ choice on Willow project
See More Headlines
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COP Company Calendar

Ex-Dividend for 1/13 Dividend
12/23/2022
Dividend Payable
1/13/2023
Last Earnings
2/02/2023
Ex-Dividend for 4/14 Dividend
3/28/2023
Today
4/01/2023
Dividend Payable
4/14/2023
Next Earnings (Confirmed)
5/04/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Petroleum refining
Sub-Industry
Oil & Gas Exploration & Production
Sector
Oils/Energy
Current Symbol
NYSE:COP
CUSIP
20825C10
CIK
1163165
Web
www.conocophillips.com
Phone
(281) 293-1000
Fax
281-293-1440
Employees
9,500
Year Founded
2012

Price Target and Rating

Average Stock Price Forecast
$135.62
High Stock Price Forecast
$157.00
Low Stock Price Forecast
$102.00
Forecasted Upside/Downside
+36.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
21 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$14.51
Trailing P/E Ratio
6.84
Forward P/E Ratio
8.66
P/E Growth
0.46
Net Income
$18.68 billion
Net Margins
22.74%
Pretax Margin
34.36%
Return on Equity
35.30%
Return on Assets
18.46%

Debt

Debt-to-Equity Ratio
0.34
Current Ratio
1.46
Quick Ratio
1.36

Sales & Book Value

Annual Sales
$82.16 billion
Price / Sales
1.47
Cash Flow
$20.41 per share
Price / Cash Flow
4.86
Book Value
$38.52 per share
Price / Book
2.58

Miscellaneous

Outstanding Shares
1,218,780,000
Free Float
1,217,801,000
Market Cap
$120.92 billion
Optionable
Optionable
Beta
1.29

Social Links


Key Executives

  • Ryan M. Lance
    Chairman & Chief Executive Officer
  • Andrew O’Brien
    Senior Vice President-Global Operations
  • William L. BullockWilliam L. Bullock
    Chief Financial Officer & Executive Vice President
  • Dominic E. MacklonDominic E. Macklon
    Executive VP-Strategy, Sustainability & Technology
  • Pragati Mathur
    Chief Digital & Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













COP Stock - Frequently Asked Questions

Should I buy or sell ConocoPhillips stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 1 sell rating, 3 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" COP shares.
View COP analyst ratings or view top-rated stocks.

What is ConocoPhillips' stock price forecast for 2023?

21 brokerages have issued 1-year target prices for ConocoPhillips' shares. Their COP share price forecasts range from $102.00 to $157.00. On average, they anticipate the company's stock price to reach $135.62 in the next year. This suggests a possible upside of 36.7% from the stock's current price.
View analysts price targets for COP or view top-rated stocks among Wall Street analysts.

How have COP shares performed in 2023?

ConocoPhillips' stock was trading at $118.00 at the start of the year. Since then, COP shares have decreased by 15.9% and is now trading at $99.21.
View the best growth stocks for 2023 here.

Are investors shorting ConocoPhillips?

ConocoPhillips saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 12,240,000 shares, an increase of 7.9% from the February 13th total of 11,340,000 shares. Based on an average daily volume of 6,260,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.0% of the company's shares are short sold.
View ConocoPhillips' Short Interest.

When is ConocoPhillips' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our COP earnings forecast.

How can I listen to ConocoPhillips' earnings call?

ConocoPhillips will be holding an earnings conference call on Thursday, May 4th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were ConocoPhillips' earnings last quarter?

ConocoPhillips (NYSE:COP) announced its quarterly earnings data on Thursday, February, 2nd. The energy producer reported $2.71 earnings per share for the quarter, missing analysts' consensus estimates of $2.72 by $0.01. The energy producer had revenue of $19.26 billion for the quarter, compared to analyst estimates of $18.16 billion. ConocoPhillips had a trailing twelve-month return on equity of 35.30% and a net margin of 22.74%. The company's quarterly revenue was up 20.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.27 EPS.
Read the conference call transcript.

How often does ConocoPhillips pay dividends? What is the dividend yield for ConocoPhillips?

ConocoPhillips announced a quarterly dividend on Thursday, February 2nd. Investors of record on Wednesday, March 29th will be given a dividend of $0.51 per share on Friday, April 14th. This represents a $2.04 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Tuesday, March 28th.
Read our dividend analysis for COP.

What ETFs hold ConocoPhillips' stock?

ETFs with the largest weight of ConocoPhillips (NYSE:COP) stock in their portfolio include iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Fidelity MSCI Energy Index ETF (FENY), Vanguard Energy ETF (VDE), iShares U.S. Energy ETF (IYE), Strive U.S. Energy ETF (DRLL), Invesco Dynamic Energy Exploration & Production ETF (PXE), iShares MSCI Global Energy Producers ETF (FILL) and iShares Global Energy ETF (IXC).

Is ConocoPhillips a good dividend stock?

ConocoPhillips (NYSE:COP) pays an annual dividend of $2.04 per share and currently has a dividend yield of 2.08%. 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 18.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COP.

What is Ryan M. Lance's approval rating as ConocoPhillips' CEO?

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.

What other stocks do shareholders of ConocoPhillips own?

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).

What is ConocoPhillips' stock symbol?

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

How do I buy shares of ConocoPhillips?

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.
Compare Top Brokerages Here.

What is ConocoPhillips' stock price today?

One share of COP stock can currently be purchased for approximately $99.21.

How much money does ConocoPhillips make?

ConocoPhillips (NYSE:COP) has a market capitalization of $120.92 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.

How many employees does ConocoPhillips have?

The company employs 9,500 workers across the globe.

Does ConocoPhillips have any subsidiaries?
The following companies are subsidiares of ConocoPhillips: Ashford Energy Capital Limited, BROG LP LLC, Burlington Resources International Inc., Burlington Resources LLC, Burlington Resources Offshore Inc., Burlington Resources Oil & Gas Company LP, Burlington Resources Trading LLC, Concho Resources, Conoco Development Services Inc., Conoco Funding Company, Conoco Petroleum Operations Inc., ConocoPhillips (03-12) Pty Ltd, ConocoPhillips (Browse Basin) Pty Ltd, ConocoPhillips (Grissik) Ltd., ConocoPhillips (U.K.) Holdings Limited, ConocoPhillips (U.K.) Marketing and Trading Limited, ConocoPhillips ANS Marketing Company, ConocoPhillips Alaska II Inc., ConocoPhillips Alaska Inc., ConocoPhillips Angola 36 Ltd., ConocoPhillips Angola 37 Ltd., ConocoPhillips Asia Ventures Pte. Ltd., ConocoPhillips Australia Barossa Pty Ltd, ConocoPhillips Australia Gas Holdings Pty Ltd, ConocoPhillips Australia Holdings Pty Ltd, ConocoPhillips Australia Investments Pty Ltd, ConocoPhillips Australia Pacific LNG Pty Ltd, ConocoPhillips Australia Pty Ltd, ConocoPhillips Bohai Limited, ConocoPhillips Canada (BRC) Partnership, ConocoPhillips Canada (NS) 2426 ULC, ConocoPhillips Canada Marketing & Trading ULC, ConocoPhillips Canada NS Partnership, ConocoPhillips Canada Resources Corp., ConocoPhillips China Inc., ConocoPhillips Colombia Ventures Ltd., ConocoPhillips Company, ConocoPhillips Funding Ltd., ConocoPhillips Gulf of Paria B.V., ConocoPhillips Hamaca B.V., ConocoPhillips Indonesia Holding Ltd., ConocoPhillips JPDA Pty Ltd, ConocoPhillips Libya Waha Ltd., ConocoPhillips Marine Containment Holdings LLC, ConocoPhillips Norge, ConocoPhillips North Caspian Ltd., ConocoPhillips Norway Funding Ltd., ConocoPhillips Petroleum Holdings B.V., ConocoPhillips Pipeline Australia Pty Ltd, ConocoPhillips Qatar Funding Ltd., ConocoPhillips Qatar Ltd., ConocoPhillips Sabah Gas Holdings Limited, ConocoPhillips Sabah Gas Ltd., ConocoPhillips Sabah Holdings Limited, ConocoPhillips Sabah Ltd., ConocoPhillips Skandinavia AS, ConocoPhillips Surmont Partnership, ConocoPhillips Transportation Alaska Inc., ConocoPhillips WA-248 Pty Ltd, Darwin LNG Pty Ltd, Inexco Oil Company, Phillips Coal Company, Phillips International Investments Inc., Phillips Investment Company LLC, Phillips Petroleum International Corporation LLC, Phillips Petroleum International Investment Company LLC, Polar Tankers Inc., Sooner Insurance Company, The Louisiana Land and Exploration Company LLC, and Tosco Corporation.
Read More
How can I contact ConocoPhillips?

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.

This page (NYSE:COP) was last updated on 4/1/2023 by MarketBeat.com Staff