ConocoPhillips (COP)
Market Cap | 130.55B |
Revenue (ttm) | 56.92B |
Net Income (ttm) | 9.92B |
Shares Out | 1.15B |
EPS (ttm) | 8.44 |
PE Ratio | 13.44 |
Forward PE | 14.80 |
Dividend | $3.12 (2.75%) |
Ex-Dividend Date | Nov 8, 2024 |
Volume | 2,870,921 |
Open | 112.90 |
Previous Close | 113.09 |
Day's Range | 112.64 - 113.99 |
52-Week Range | 101.30 - 135.18 |
Beta | 1.22 |
Analysts | Buy |
Price Target | 137.38 (+21.11%) |
Earnings Date | Oct 31, 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, ConocoPhillips's revenue was $57.86 billion, a decrease of -28.19% compared to the previous year's $80.58 billion. Earnings were $10.92 billion, a decrease of -41.34%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for COP stock is "Buy." The 12-month stock price forecast is $137.38, which is an increase of 21.11% from the latest price.
News
Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy
AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...
ConocoPhillips: Stock Buybacks, Growth And 7% Earnings Yield
ConocoPhillips reported better-than-expected Q3 earnings, despite a 20% decline in adjusted earnings. The acquisition of Marathon Oil is boosting COP's production, adding 2B barrels of resources, and ...
Oil Stocks Rise as Trump Prepares to Return to Presidency
U.S. oil company stocks rose Wednesday, with former President Donald Trump, viewed as a big backer of increased oil supply, set to return to the White House.
4-Factor Dividend Growth Portfolio: FY3 Rebalance And 21.57% Long-Term CAGR
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio finished FY2 on October 31, 20...
ConocoPhillips-Marathon Synergy Will Boost Free Cash Flow And Stock Buyback: Analyst
Analysts expressed views on ConocoPhillips' COP mixed third-quarter results.
ConocoPhillips (COP) Q3 2024 Earnings Call Transcript
ConocoPhillips (NYSE:COP) Q3 2024 Earnings Conference Call October 31, 2024 12:00 PM ET Company Particiapants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman and CEO Bill Bulloc...
ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.
ConocoPhillips' quarterly profit beats estimates
ConocoPhillips posted a third-quarter profit that beat Wall Street estimates on Thursday, as the Texas-based oil and gas producer benefited from higher production.
ConocoPhillips announces third-quarter 2024 results, increases quarterly ordinary dividend and existing share repurchase authorization
HOUSTON--(BUSINESS WIRE)--ConocoPhillips today reported 3Q2024 earnings of $2.1 billion, or $1.76 per share, compared with 3Q2023 earnings of $2.8 billion, or $2.32 per share.
Marathon Oil to dismiss 500 workers in Texas ahead of ConocoPhillips deal
Marathon Oil Corp , which is being acquired by larger rival ConocoPhillips , this week said it would dismiss 500 workers in Texas, according to a filing with the Texas Workforce Commission.
ConocoPhillips explores sale of Permian shale assets worth over $1 billion, sources say
ConocoPhillips is exploring a sale of some of its shale operations in the Permian Basin worth more than $1 billion, two years after an unsuccessful attempt to find a buyer for the same assets, people ...
Trade Tracker: Jim Lebenthal buys Lockheed Martin, Bill Baruch sells ConocoPhillips
Jim Lebenthal and Bill Baruch join CNBC's "Halftime Report" to discuss their latest trades in Lockheed Martin, ConocoPhillips and SLB.
ConocoPhillips: Lackluster Oil And Gas Action, Low-Teens P/E Warranted
I have a hold rating on ConocoPhillips due to its fair low-teens P/E ratio, high free cash flow, and large dividend yield, but unimpressive growth trends. The recent 4% rise in the US Dollar Index has...
SEFE secures long-term gas supply deal with ConocoPhillips for up to 9 bcm
German nationalised energy firm SEFE on Wednesday said it signed a long-term agreement with ConocoPhillips to purchase up to 9 billion cubic meters (bcm) of natural gas over the next decade.
3 Fortune 500 Industry Leaders Boast Ideal October Dividends
The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per Y...
ConocoPhillips seeks to keep priority as creditor in Citgo auction
ConocoPhillips has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds from an auction of shares in the parent of the Venezuel...
ConocoPhillips: Profits, Dividends, And Strategic Expansion Drive A Bullish Case
ConocoPhillips is a strong long-term investment with a solid asset portfolio, impressive 5-year returns, and a decent 3.19% dividend yield. Q2 highlights include $14.1B in revenue and $2.3B in net inc...
ConocoPhillips Plays Defense, Preps For Offense With $9B Cash Return On Deck: Analyst
JPMorgan's Arun Jayaram just initiated coverage of ConocoPhillips COP with a Neutral rating and a price target of $126, down from the previous target of $139.
Oil Stocks Slide as Market Awaits Geopolitical Developments
The oil and gas sector experienced declines, with significant drops noted in key stocks. Chevron (CVX, Financial) saw a decrease of over 1.8%, while ExxonMobil (XOM) also fell by more than 1.8%.
Top Energy Stocks For Q4
The energy sector has underperformed in 2024 due to declining oil prices amid weakened demand and oversupply. An economic stimulus package in China and increased geopolitical tensions in the Middle Ea...
Energy Stocks Rise as Oil Jumps on Middle East Tensions
Shares of energy giants, including ExxonMobil (XOM) and Chevron (CVX), are extending gains in premarket trading Wednesday as worries of a broader Middle East conflict lift oil prices.
How To Earn $500 A Month From ConocoPhillips Stock
ConocoPhillips COP shares closed higher on Tuesday.
Exxon Mobil, Chevron, ConocoPhillips shares surge amid Middle East crisis
US energy stocks surged in premarket trading on Wednesday, fueled by rising oil prices as escalating tensions in the Middle East triggered concerns over potential disruptions to global oil supplies.