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 shares have increased by 49.2% and is now trading at $48.59. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 3 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 Tuesday, August 4th 2020. View our earnings forecast for ConocoPhillips.

ConocoPhillips (NYSE:COP) announced its quarterly earnings results on Thursday, April, 30th. The energy producer reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business 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 given 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 3.46%. The ex-dividend date is Friday, May 8th. View ConocoPhillips' dividend history.

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

21 analysts have issued 12 month target prices for ConocoPhillips' stock. Their forecasts range from $37.00 to $79.00. On average, they expect ConocoPhillips' stock price to reach $56.19 in the next year. This suggests a possible upside of 15.6% from the stock's current price. View analysts' price targets for ConocoPhillips.

Media stories about COP stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ConocoPhillips earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news coverage about the energy producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutConocoPhillips.

ConocoPhillips saw a decrease in short interest in May. As of May 15th, there was short interest totaling 14,080,000 shares, a decrease of 12.9% from the April 30th total of 16,170,000 shares. Based on an average trading volume of 11,830,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.3% 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), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC), Southwestern Energy (SWN) and Range Resources (RRC). 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 BlackRock Inc. (8.00%), State Street Corp (4.95%), Capital International Investors (2.39%), Massachusetts Financial Services Co. MA (1.54%), Geode Capital Management LLC (1.54%) and Bank of New York Mellon Corp (1.03%). 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 Capital World Investors, Wellington Management Group LLP, Bank of New York Mellon Corp, Parametric Portfolio Associates LLC, AMF Pensionsforsakring AB, Nuveen Asset Management LLC, Bessemer Group Inc., and Pictet Asset Management Ltd.. 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 Massachusetts Financial Services Co. MA, Capital International Investors, BlackRock Inc., State Street Corp, Manning & Napier Group LLC, Cullen Capital Management LLC, APG Asset Management N.V., and Assenagon Asset Management S.A.. 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 $48.59.

ConocoPhillips has a market capitalization of $52.11 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]