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. Since then, COP shares have increased by 21.9% and is now trading at $39.69. 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) announced its quarterly earnings data on Thursday, April, 30th. The energy producer reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.22. The energy producer had revenue of $4.81 billion for the quarter, compared to analyst estimates of $6.55 billion. ConocoPhillips had a return on equity of 10.02% and a net margin of 11.51%. During the same quarter last year, the firm posted $1.00 earnings per share. View ConocoPhillips' earnings history.

ConocoPhillips declared a quarterly dividend on Wednesday, July 8th. Investors 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 4.23%. The ex-dividend date is Friday, July 17th. View ConocoPhillips' dividend history.

ConocoPhillips declared that its board has approved a share buyback program on Tuesday, February 4th 2020, which permits the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 15.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

22 Wall Street analysts have issued 12-month 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 year. This suggests a possible upside of 44.0% from the stock's current price. View analysts' price targets for ConocoPhillips.

News stories about COP stock have trended very negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing 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 positive five, with scores nearest to five being the most favorable. ConocoPhillips earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media headlines about the energy producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about ConocoPhillips.

ConocoPhillips saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 11,820,000 shares, a decrease of 6.3% from the June 15th total of 12,610,000 shares. Based on an average trading volume of 9,530,000 shares, the short-interest ratio is presently 1.2 days. Approximately 1.1% of the company's shares 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), Marathon Oil (MRO), Noble Energy (NBL), 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 variety of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.16%), Envestnet Asset Management Inc. (0.11%), Foundation Resource Management Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Wedge Capital Management L L P NC (0.03%) and Park National Corp OH (0.02%). 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 Manning & Napier Group LLC, Vigilant Capital Management LLC, 6 Meridian, Dalton Greiner Hartman Maher & Co., Exane Derivatives, Municipal Employees Retirement System of Michigan, Park National Corp OH, and Carnegie Capital Asset Management LLC. 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 Envestnet Asset Management Inc., Moody National Bank Trust Division, Hoey Investments Inc., Canandaigua National Corp, DNB Asset Management AS, State of Alaska Department of Revenue, Arden Trust Co, and Diversified Trust Co. 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 $39.69.

ConocoPhillips has a market capitalization of $42.56 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]