ConocoPhillips - COP Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 2 hold ratings, 14 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.

17 analysts have issued twelve-month price objectives for ConocoPhillips' stock. Their COP share price forecasts range from $50.00 to $160.00. On average, they anticipate the company's stock price to reach $121.79 in the next year. This suggests a possible upside of 18.9% from the stock's current price.
View analysts price targets for COP or view top-rated stocks among Wall Street analysts.

ConocoPhillips' stock was trading at $72.18 at the beginning of 2022. Since then, COP stock has increased by 41.9% and is now trading at $102.42.
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ConocoPhillips saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 19,660,000 shares, an increase of 25.9% from the August 15th total of 15,620,000 shares. Based on an average trading volume of 7,680,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.6% of the shares of the company are short sold.
View ConocoPhillips' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our COP earnings forecast.

ConocoPhillips will be holding an earnings conference call on Thursday, November 3rd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

ConocoPhillips (NYSE:COP) released its quarterly earnings results on Thursday, August, 4th. The energy producer reported $3.91 earnings per share for the quarter, topping the consensus estimate of $3.78 by $0.13. The energy producer earned $21.99 billion during the quarter, compared to analyst estimates of $19.71 billion. ConocoPhillips had a trailing twelve-month return on equity of 31.24% and a net margin of 23.10%. During the same quarter in the prior year, the business earned $1.27 EPS.
Read the conference call transcript.

ConocoPhillips announced a None dividend on Thursday, August 4th. Investors of record on Tuesday, August 16th will be paid a dividend of $1.40 per share on Thursday, September 1st. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for COP.

ConocoPhillips (NYSE:COP) pays an annual dividend of $1.84 per share and currently has a dividend yield of 1.83%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 15.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COP will have a dividend payout ratio of 13.18% 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 a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.92%), Massachusetts Financial Services Co. MA (1.77%), FMR LLC (1.64%), Dodge & Cox (1.62%), Price T Rowe Associates Inc. MD (1.31%) and Northern Trust Corp (1.05%). 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, Welsh Kontessa S Haynes and William L Jr Bullock.
View institutional ownership trends.

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 $102.42.

ConocoPhillips (NYSE:COP) has a market capitalization of $132.48 billion and generates $48.35 billion in revenue each year. The energy producer earns $8.08 billion in net income (profit) each year or $12.11 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.