ConocoPhillips - COP Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last twelve months. There are currently 1 sell rating, 1 hold rating, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" COP shares.
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18 Wall Street analysts have issued 1 year price targets for ConocoPhillips' shares. Their COP share price forecasts range from $50.00 to $167.00. On average, they expect the company's stock price to reach $133.76 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
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ConocoPhillips' stock was trading at $72.18 at the beginning of the year. Since then, COP stock has increased by 75.7% and is now trading at $126.81.
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ConocoPhillips saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 16,040,000 shares, a decline of 6.6% from the October 15th total of 17,180,000 shares. Based on an average trading volume of 7,290,000 shares, the short-interest ratio is presently 2.2 days. Currently, 1.3% of the shares of the company are sold short.
View ConocoPhillips' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our COP earnings forecast.

ConocoPhillips (NYSE:COP) released its quarterly earnings data on Tuesday, November, 2nd. The energy producer reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.24. The energy producer earned $11.62 billion during the quarter, compared to analysts' expectations of $11.34 billion. ConocoPhillips had a net margin of 22.90% and a trailing twelve-month return on equity of 35.02%. During the same period last year, the company earned ($0.31) EPS.
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ConocoPhillips announced a quarterly dividend on Thursday, November 3rd. Investors of record on Tuesday, December 27th will be given a dividend of $0.51 per share on Friday, January 13th. This represents a $2.04 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, December 23rd. This is a positive change from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for COP.

ConocoPhillips (NYSE:COP) pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.61%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 14.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COP will have a dividend payout ratio of 15.90% 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.08%), State Street Corp (4.88%), Massachusetts Financial Services Co. MA (1.96%), Price T Rowe Associates Inc. MD (1.26%), Bank of New York Mellon Corp (1.15%) and Nuveen Asset Management LLC (1.11%). 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.
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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 $126.81.

ConocoPhillips (NYSE:COP) has a market capitalization of $158.01 billion and generates $48.35 billion in revenue each year. The energy producer earns $8.08 billion in net income (profit) each year or $13.88 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.