ConocoPhillips (COP)

NYSE: COP · Real-Time Price · USD
113.43
+0.34 (0.30%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.30%
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]

Sector Energy
Founded 1917
Employees 9,900
Stock Exchange NYSE
Ticker Symbol COP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$137.38
(21.11% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

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14 hours ago - Seeking Alpha

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 ...

16 hours ago - Seeking Alpha

Energy stocks are still cheap. These 13 make effective use of stock buybacks.

The most important element of corporate stock buybacks is the reduction in the share count.

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2 days ago - Market Watch

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.

Other symbols: CVXFANGHALXOM
14 days ago - Investopedia

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...

16 days ago - Seeking Alpha

ConocoPhillips-Marathon Synergy Will Boost Free Cash Flow And Stock Buyback: Analyst

Analysts expressed views on ConocoPhillips' COP mixed third-quarter results.

19 days ago - Benzinga

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...

20 days ago - Seeking Alpha

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.

20 days ago - Market Watch

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.

21 days ago - Reuters

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.

21 days ago - Business Wire

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.

Other symbols: MRO
21 days ago - Reuters

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 ...

21 days ago - Reuters

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.

Other symbols: LMT
26 days ago - CNBC Television

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...

4 weeks ago - Seeking Alpha

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.

4 weeks ago - Reuters

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...

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4 weeks ago - Seeking Alpha

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...

5 weeks ago - Reuters

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...

5 weeks ago - Seeking Alpha

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.

5 weeks ago - Benzinga

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%.

Other symbols: CVXMROXOM
6 weeks ago - GuruFocus

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...

Other symbols: BKRMROSEISM
6 weeks ago - Seeking Alpha

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.

Other symbols: CVXOXYXOM
7 weeks ago - Investopedia

How To Earn $500 A Month From ConocoPhillips Stock

ConocoPhillips COP shares closed higher on Tuesday.

7 weeks ago - Benzinga

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.

Other symbols: CVXXOM
7 weeks ago - Invezz

14 energy stocks whose ample cash flow might benefit shareholders

Favored names expected to continue gushing cash include Devon, Halliburton and Schlumberger.

7 weeks ago - Market Watch