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) posted its quarterly earnings data on Thursday, April, 30th. The energy producer reported $0.45 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.22. The energy producer earned $4.81 billion during the quarter, compared to the consensus estimate of $6.55 billion. ConocoPhillips had a return on equity of 10.02% and a net margin of 11.51%. During the same period in the previous year, the company earned $1.00 earnings per share. View ConocoPhillips' earnings history.

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

ConocoPhillips announced that its board has approved a stock buyback program on Tuesday, February 4th 2020, which allows the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 15.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

22 Wall Street analysts have issued 12 month target prices 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 twelve months. This suggests a possible upside of 36.8% from the stock's current price. View analysts' price targets for ConocoPhillips.

Media headlines about COP stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ConocoPhillips earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave news headlines about the energy producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about ConocoPhillips.

ConocoPhillips saw a drop in short interest during the month of 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 daily volume of 11,430,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.2% of the shares of the stock 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), 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 many different retail and institutional 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 acquired 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]