ConocoPhillips (COP)

NYSE: COP · IEX Real-Time Price · USD
108.11
-3.19 (-2.87%)
Feb 3, 2023, 4:00 PM EST - Market closed
-2.87%
Market Cap 134.71B
Revenue (ttm) 78.86B
Net Income (ttm) 18.06B
Shares Out 1.25B
EPS (ttm) 13.88
PE Ratio 7.79
Forward PE 8.48
Dividend $4.99 (4.62%)
Ex-Dividend Date Dec 23, 2022
Volume 12,254,265
Open 111.31
Previous Close 111.30
Day's Range 107.76 - 112.39
52-Week Range 78.30 - 138.49
Beta 1.31
Analysts Buy
Price Target 140.92 (+30.35%)
Earnings Date Feb 2, 2023

About COP

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of conventional and unconventional explora... [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1917
Employees 9,400
Stock Exchange NYSE
Ticker Symbol COP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 33 analysts, the average rating for COP stock is "Buy." The 12-month stock price forecast is $140.92, which is an increase of 30.35% from the latest price.

Price Target
$140.92
(30.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Factbox: Bumper profits fuel surge in dividends, buybacks at oil firms

Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks.

Other symbols: CHKCVXVLOXOM
2 days ago - Reuters

ConocoPhillips (COP) Q4 Earnings Lag Estimates, Revenues Beat

Lower natural gas liquid price and increased expenses hurt ConocoPhillips' (COP) earnings in Q4.

3 days ago - Zacks Investment Research

Oil earnings: ConocoPhillips misses, Shell profit skyrockets

Yahoo Finance Live's Julie Hyman breaks down oil earnings.

Other symbols: SHEL
3 days ago - Yahoo Finance

ConocoPhillips stock edges up as profit and production rose, but came up shy of expectations

Shares of ConocoPhillips COP, -3.42% edged up 0.3% in premarket trading, after the energy exploration and production company reported fourth-quarter profit and production that rose, as realized prices...

3 days ago - Market Watch

ConocoPhillips joins Big Oil's parade of bumper profits but shares fall

ConocoPhillips said on Thursday its profit more than doubled to $18.7 billion in 2022, the highest since the oil company spun off its refining business in 2012, benefiting as crude prices climbed 10.5...

3 days ago - Reuters

ConocoPhillips Reports Fourth-Quarter, Full-Year 2022 Results and 176% Preliminary Reserve Replacement Ratio; Announces 2023 Guidance and Planned Return of Capital of $11 Billion; Declares Quarterly Dividend and Variable Return of Cash Distribution

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share, compared with fourth-quarter 2021 earnings of $2.6 billion, or $...

3 days ago - Business Wire

Biden administration moves toward approval for major Alaska oil drilling project

The Biden administration has 30 days to issue a final decision on whether to approve the Willow oil drilling project in Alaska.

4 days ago - CNBC

ConocoPhillips Stock To Likely Trade Higher Post Q4

ConocoPhillips (NYSE: COP), a pure-play oil and natural gas producer, is scheduled to announce its fiscal fourth-quarter results on Thursday, February 2.

4 days ago - Forbes

Is a Surprise Coming for ConocoPhillips (COP) This Earnings Season?

ConocoPhillips (COP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 days ago - Zacks Investment Research

5 Energy Stocks Gurus Are Drilling Into

Bolstered by high prices and soaring demand, oil and gas majors are expected to break their annual earnings records. On Tuesday, Exxon Mobil Corp. ( XOM , Financial) did just that when it posted a $56...

Other symbols: CVXHALOXYVVV
5 days ago - GuruFocus

Is a Beat in Store for ConocoPhillips (COP) in Q4 Earnings?

Higher oil price is likely to have favored the exploration and production activities of ConocoPhillips (COP) in Q4.

6 days ago - Zacks Investment Research

Wall Street Week Ahead Recession fears pose challenge to energy shares after stellar year

A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year's stunning run, despite valuations that are seen as ...

Other symbols: CVXPXDXOM
1 week ago - Reuters

Energy will continue to be the 'better sector': Analyst

Truist Securities Managing Director, Neal Dingmann, discusses why the energy sector will remain competitive. You can watch the entire interview here.

Other symbols: CVXOXYXOM
1 week ago - Yahoo Finance

3 Energy Stocks Poised to Outshine Earnings Estimates in Q4

Favorable business environment is likely to have aided earnings for ConocoPhillips (COP), Enterprise Products Partners (EPD) and PBF Energy (PBF) in Q4.

Other symbols: EPDPBF
1 week ago - Zacks Investment Research

7 Energy Stocks That Will Be Big Winners in 2023

Most oil and gas companies saw their stocks skyrocket in recent months. And while some have cooled off, the uncertainty of the geopolitical climate and unstable macroeconomic environment points to ano...

Other symbols: CVXEPSNJKSSMRVLOWDS
1 week ago - InvestorPlace

ConocoPhillips (COP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

ConocoPhillips (COP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

7 Energy Stocks to Buy as a New Bull Market Emerges

Energy prices remain volatile but have been trending upwards so far in 2023. The price of crude oil is currently hovering just above $80 a barrel.

Other symbols: CVXDVNFANGHALKMIOXY
1 week ago - InvestorPlace

Why Goldman Sachs is bullish on Exxon Mobil and ConocoPhillips

CNBC's Pippa Stevens and Goldman Sachs analyst Neil Mehta join 'The Exchange' to discuss energy stocks and why Mehta is bullish on U.S. oil giants like Exxon Mobil and ConocoPhillips.

Other symbols: XOM
1 week ago - CNBC Television

Energy Surge: Four Oil-And-Gas Stocks Setting Up In Bullish Bases

The energy sector took a breather this month after its blazing performance in 2022, but it's making a comeback, with stocks including ConocoPhillips (NYSE: COP), EOG Resources, Inc. (NYSE: EOG), HF Si...

Other symbols: EOGHEPPSX
1 week ago - MarketBeat

ConocoPhillips to Hold Analyst & Investor Meeting on April 12

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will host its 2023 Analyst & Investor Meeting on Wednesday, April 12 beginning at 8:30 a.m. Eastern time in New York City. The meeting will featu...

1 week ago - Business Wire

This Stock Appears To Be A Better Bet Than EOG Resources

We believe that ConocoPhillips stock (NYSE: COP) is currently better valued than EOG Resources stock (NYSE: EOG).

Other symbols: EOG
1 week ago - Forbes

Here is What to Know Beyond Why ConocoPhillips (COP) is a Trending Stock

Recently, Zacks.com users have been paying close attention to ConocoPhillips (COP). This makes it worthwhile to examine what the stock has in store.

2 weeks ago - Zacks Investment Research

Will Oil Stocks Once Again Lead The Market As Inflation Eases?

Better-than-expected inflation data, and optimism about China, sent oil stocks higher Thursday. The S&P large-cap energy sector was the biggest gainer.

Other symbols: CVXEOGPXDSLBXLEXOM
3 weeks ago - MarketBeat

ConocoPhillips open to deal to sell Venezuelan oil in U.S. to recoup seized assets

ConocoPhillips, which abandoned Venezuela after its assets were nationalized in 2007, is now open to a deal to sell the country's oil in the U.S. as a way to recover the close to $10 billion it is owe...

3 weeks ago - Market Watch

Not the Cool Kids

As we start the year 2023, we are reminded of the profound poetry from the band, Echosmith, in the song, “Cool Kids.” It can teach us about what it takes to succeed in long-duration common stock inves...

3 weeks ago - GuruFocus