Conoco Phillips (COP)
| Market Cap | 141.56B |
| Revenue (ttm) | 57.53B |
| Net Income (ttm) | 10.59B |
| Shares Out | 1.17B |
| EPS (ttm) | 8.83 |
| PE Ratio | 13.71 |
| Forward PE | 13.03 |
| Dividend | $1.87 (1.54%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 3,642,783 |
| Open | 121.53 |
| Previous Close | 121.59 |
| Day's Range | 120.43 - 122.17 |
| 52-Week Range | 97.42 - 135.18 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 143.00 (+18.14%) |
| Earnings Date | May 2, 2024 |
About COP
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. ConocoPhillips was founded in 1917 and is headquartered ... [Read more]
Financial Performance
In 2023, COP's revenue was $58.57 billion, a decrease of -28.70% compared to the previous year's $82.16 billion. Earnings were $10.96 billion, a decrease of -41.34%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for COP stock is "Buy." The 12-month stock price forecast is $143.0, which is an increase of 18.14% from the latest price.
News
ConocoPhillips's adjusted profit falls a penny short of estimate but production narrowly beats
ConocoPhillips's stock COP, -1.02% rose fractionally in premarket trading on Thursday after it reported production that was slightly head of Wall Street's forecast, despite an adjusted first-quarter p...
ConocoPhillips misses quarterly profit estimates
U.S. oil and gas producer ConocoPhillips missed Wall Street estimates for first-quarter profit on Thursday, as demand concerns led to a sharp fall in natural gas prices.
ConocoPhillips announces first-quarter 2024 results, quarterly dividend and VROC
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported first-quarter 2024 earnings of $2.6 billion, or $2.15 per share.
Why energy plays are for long-term investors
The energy sector (XLE) has continued to outperform throughout 2024. Alpine Saxon Woods Chief Market Strategist Sarah Hunt and CFRA Energy Equity Analyst and Deputy Research Director Stewart Glickman ...
Stock comparison: Air Products and Chemicals v. ConocoPhillips
In today's segment of Good Buy or Goodbye, Yahoo Finance's Julie Hyman is joined by Barron's Markets Reporter Jacob Sonenshine to discuss his portfolio picks to buy and avoid within the materials and ...
Exclusive: Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of creditors represented by Centerv...
Josh Brown's energy strategy
Josh Brown, Ritholtz Wealth Management CEO, joins CNBC's 'Halftime Report' to describe his latest strategy in the energy sector.
Energy stocks rise after crude oil prices touch five-month highs
Francisco Blanch, BofA Securities head of global commodity and derivatives research, joins 'The Exchange' to discuss what's driving energy prices, geopolitical impacts on energy supply and demand, and...
Constructive on Canadian oil complex as oil demand peak hits next decade, says Goldman's Mehta
Neil Mehta, Goldman Sachs managing director, joins 'Money Movers' to discuss his thoughts on the oil sector, the major oil companies, and more.
ConocoPhillips to hold first-quarter earnings conference call on Thursday, May 2
HOUSTON--(BUSINESS WIRE)--ConocoPhillips will host a conference call webcast on Thursday, May 2, 2024, at 12:00 p.m. ET to discuss Q1 2024 financial and operating results.
LNG pause could 'seed volatility', says Conocophillips CEO Ryan Lance
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
ConocoPhillips CEO on Oil Prices, LNG and AI Data Centers
ConocoPhillips Chair and CEO Ryan Lance discusses the outlook for oil prices and production, LNG projects and the energy needs to satisfy artificial intelligence data centers.
ConocoPhillips CEO Ryan Lance on consolidation: It's the right thing to be doing for our business
ConocoPhillips CEO Ryan Lance joins 'Squawk Box' to discuss the state of the economy, impact of government regulation and policies on businesses, impact of LNG permit pause, consolidation in the energ...
What's Fueling Climate Lawsuits Against BP, Chevron, ConocoPhillips, ExxonMobil And Shell?
The city of Chicago is the latest to file a climate lawsuit against BP, Chevron CVX , ConocoPhillips COP , ExxonMobil and Shell, alleging that the companies hid information regarding climate change fr...
ConocoPhillips announces Dominic Macklon to retire after 33 years with the company
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that Dominic Macklon, executive vice president, Strategy, Sustainability and Technology, has elected to retire effective May 1, 202...
ConocoPhillips' stock gains after profit falls but beats expectations by a wide margin as production jumped
Shares of ConocoPhillips COP, +0.72% tacked on 0.4% in premarket trading Thursday, after the oil exploration and production company beat fourth-quarter profit and revenue expectations as 2023 producti...
ConocoPhillips beats fourth-quarter profit estimates on higher production
U.S. oil and gas producer ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, helped by higher production from newly acquired assets.
ConocoPhillips reports fourth-quarter and full-year 2023 results, 123% preliminary reserve replacement ratio; announces 2024 guidance and planned return of capital of $9B; declares quarterly ordinary dividend and variable return of cash distribution
HOUSTON--(BUSINESS WIRE)--ConocoPhillips today reported 4Q 2023 earnings of $3.0 billion, or $2.52 per share, and full year 2023 earnings of $11.0 billion, or $9.06 per share.
What You Need To Know Ahead of ConocoPhillips Earnings Report on Thursday
A global slide in natural gas prices likely sliced revenue and profits for ConocoPhillips Co. (COP), which will report its fourth-quarter results on Thursday.
This Analyst With 82% Accuracy Rate Sees Around 19% Upside In Meta Platforms - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - ConocoPhillips (NYSE:COP), Crown Holdings (NYSE:CCK)
U.S. stocks closed slightly lower on Friday, but the S&P 500 gained for nine consecutive weeks, notching its best winning streak since 2004.
Big oil enters 2024 strengthened by U.S. industry consolidation
HOUSTON, Dec 26 (Reuters) - The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies' high stock prices to secure lower-cost r
ConocoPhillips Greenlights $8 Billion Oil Project In Alaska Following Failed Block By Native Groups
Oil producer ConocoPhillips announced Friday it approved the construction funds for a $8 billion oil-drilling operation in Alaska known as Project Willow, a final investment decision that comes days a...
ConocoPhillips to move forward with development of Willow project in Alaska
Dec 22 (Reuters) - U.S. oil giant ConocoPhillips (COP.N) on Friday gave the financial greenlight to its $8 billion Willow oil and gas drilling project in Alaska.
ConocoPhillips Makes Final Investment Decision to Develop the Willow Project
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) announced today that it will move forward with development of the Willow project in Alaska. This Final Investment Decision approves the project and...