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 stock has increased by 28.3% and is now trading at $41.78. 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) released its earnings results on Thursday, April, 30th. The energy producer reported $0.45 EPS for the quarter, beating the Zacks' consensus estimate of $0.23 by $0.22. The energy producer had revenue of $4.81 billion for the quarter, compared to analysts' expectations 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 EPS. View ConocoPhillips' earnings history.

ConocoPhillips announced a quarterly dividend on Thursday, April 30th. Investors 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 4.02%. The ex-dividend date of this dividend is Friday, May 8th. View ConocoPhillips' dividend history.

ConocoPhillips declared that its board has initiated a share repurchase program 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 shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

22 Wall Street analysts have issued 1-year price objectives for ConocoPhillips' shares. Their forecasts range from $40.00 to $79.00. On average, they anticipate ConocoPhillips' share price to reach $57.14 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price. View analysts' price targets for ConocoPhillips.

Press coverage about COP stock has trended negative this week, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. ConocoPhillips earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned news headlines about the energy producer a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View the latest news about ConocoPhillips.

ConocoPhillips saw a drop in short interest in June. As of June 15th, there was short interest totaling 12,610,000 shares, a drop of 7.3% from the May 31st total of 13,600,000 shares. Based on an average trading volume of 11,430,000 shares, the short-interest ratio is presently 1.1 days. Approximately 1.2% 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), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), 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 institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.02%), Thomasville National Bank (0.00%), M&R Capital Management Inc. (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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 Park National Corp OH, and Thomasville National Bank. 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 Nelson Van Denburg & Campbell Wealth Management Group LLC, and M&R Capital Management Inc.. 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 $41.78.

ConocoPhillips has a market capitalization of $44.81 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]