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 37.3% and is now trading at $44.71. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 3 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 Tuesday, August 4th 2020. View our earnings forecast for ConocoPhillips.

ConocoPhillips (NYSE:COP) issued 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 the consensus estimate of $6.55 billion. ConocoPhillips had a net margin of 11.51% and a return on equity of 10.02%. During the same period in the prior year, the firm earned $1.00 EPS. View ConocoPhillips' earnings history.

ConocoPhillips announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, May 11th will be paid 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 3.76%. The ex-dividend date of this dividend is Friday, May 8th. View ConocoPhillips' dividend history.

ConocoPhillips announced that its Board of Directors has approved a stock repurchase program on Tuesday, February 4th 2020, which permits the company to buyback $10,000,000,000.00 in outstanding 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 programs are typically a sign that the company's board believes its stock is undervalued.

21 brokerages have issued 1-year price targets for ConocoPhillips' shares. Their forecasts range from $37.00 to $79.00. On average, they expect ConocoPhillips' share price to reach $56.19 in the next year. This suggests a possible upside of 25.7% from the stock's current price. View analysts' price targets for ConocoPhillips.

News coverage about COP stock has been trending negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ConocoPhillips earned a coverage optimism score of -2.7 on InfoTrie's scale. They also assigned news coverage about the energy producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutConocoPhillips.

ConocoPhillips saw a decrease in short interest in May. As of May 15th, there was short interest totaling 14,080,000 shares, a decrease of 12.9% from the April 30th total of 16,170,000 shares. Based on an average daily volume of 11,830,000 shares, the days-to-cover ratio is presently 1.2 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), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC), Southwestern Energy (SWN) and Range Resources (RRC). 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.00%), State Street Corp (4.95%), Capital International Investors (2.39%), Massachusetts Financial Services Co. MA (1.54%), Geode Capital Management LLC (1.54%) and Bank of New York Mellon Corp (1.03%). 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 Capital World Investors, Wellington Management Group LLP, Bank of New York Mellon Corp, Parametric Portfolio Associates LLC, AMF Pensionsforsakring AB, Nuveen Asset Management LLC, Bessemer Group Inc., and Pictet Asset Management Ltd.. 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 Massachusetts Financial Services Co. MA, Capital International Investors, BlackRock Inc., State Street Corp, Manning & Napier Group LLC, Cullen Capital Management LLC, APG Asset Management N.V., and Assenagon Asset Management S.A.. 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 $44.71.

ConocoPhillips has a market capitalization of $47.95 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]