NYSE:COPConocoPhillips Stock Price, Forecast & News

ConocoPhillips' stock was trading at $32.56 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, COP stock has increased by 21.4% and is now trading at $39.53. 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) issued its quarterly earnings data on Thursday, April, 30th. The energy producer reported $0.45 EPS for the quarter, beating 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 net margin of 11.51% and a return on equity of 10.02%. During the same quarter in the prior year, the company posted $1.00 EPS. View ConocoPhillips' earnings history.

ConocoPhillips announced a quarterly dividend on Wednesday, July 8th. Stockholders 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 dividend yield of 4.25%. The ex-dividend date is Friday, July 17th. View ConocoPhillips' dividend history.

ConocoPhillips declared that its Board of Directors has authorized a share buyback plan on Tuesday, February 4th 2020, which authorizes the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 15.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

22 Wall Street analysts have issued twelve-month price targets for ConocoPhillips' shares. Their forecasts range from $40.00 to $79.00. On average, they expect ConocoPhillips' share price to reach $57.14 in the next year. This suggests a possible upside of 44.5% from the stock's current price. View analysts' price targets for ConocoPhillips.

News articles about COP stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by analyzing 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 closest to five being the most favorable. ConocoPhillips earned a news impact score of 1.2 on InfoTrie's scale. They also gave media coverage about the energy producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about ConocoPhillips.

ConocoPhillips saw a decrease in short interest in 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. Currently, 1.1% of the shares of the company are sold short. 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 number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%), Foundation Resource Management Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Park National Corp OH (0.02%), DNB Asset Management AS (0.01%) and Dalton Greiner Hartman Maher & Co. (0.01%). 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 6 Meridian, Dalton Greiner Hartman Maher & Co., Municipal Employees Retirement System of Michigan, Park National Corp OH, Carnegie Capital Asset Management LLC, HNP Capital LLC, Foundation Resource Management Inc., and Legacy Capital Partners Inc.. 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Canandaigua National Corp, DNB Asset Management AS, State of Alaska Department of Revenue, Arden Trust Co, Diversified Trust Co, Mount Yale Investment Advisors LLC, and Triangle Securities Wealth Management. 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 $39.53.

ConocoPhillips has a market capitalization of $42.39 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]