Conoco Phillips (COP)

NYSE: COP · IEX Real-Time Price · USD
129.33
-0.05 (-0.04%)
Apr 22, 2024, 4:00 PM EDT - Market closed
-0.04%
Market Cap 152.15B
Revenue (ttm) 58.57B
Net Income (ttm) 10.96B
Shares Out 1.18B
EPS (ttm) 9.06
PE Ratio 14.27
Forward PE 14.82
Dividend $1.59 (1.23%)
Ex-Dividend Date Feb 15, 2024
Volume 4,184,242
Open 128.61
Previous Close 129.38
Day's Range 126.94 - 130.40
52-Week Range 95.70 - 135.18
Beta 1.28
Analysts Buy
Price Target 143.33 (+10.83%)
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]

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

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 Statements

Analyst Forecast

According to 16 analysts, the average rating for COP stock is "Buy." The 12-month stock price forecast is $143.33, which is an increase of 10.83% from the latest price.

Price Target
$143.33
(10.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 days ago - Reuters

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.

Other symbols: FANGIEOMPCPSXXLE
18 days ago - CNBC Television

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...

Other symbols: CVXOXYXLEXOM
20 days ago - CNBC Television

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.

Other symbols: CNQDVNKOSMGY
21 days ago - CNBC Television

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.

4 weeks ago - Business Wire

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.

4 weeks ago - CNBC Television

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.

5 weeks ago - Bloomberg Markets and Finance

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...

6 weeks ago - CNBC Television

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...

Other symbols: BPCVXSHELXOM
2 months ago - Forbes

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...

2 months ago - Business Wire

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...

2 months ago - Market Watch

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.

2 months ago - Reuters

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.

2 months ago - Business Wire

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.

2 months ago - Investopedia

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.

Other symbols: CCKMETA
3 months ago - Benzinga

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

Other symbols: CVXOXYXOM
4 months ago - Reuters

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...

4 months ago - Forbes

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.

4 months ago - Reuters

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...

4 months ago - Business Wire

ConocoPhillips to Hold Fourth-Quarter Earnings Conference Call on Thursday, Feb. 8

HOUSTON--(BUSINESS WIRE)--ConocoPhillips will host a webcast on Thurs., Feb. 8, 2024, at 12 p.m. ET to discuss Q42023 financial and operating results, and 2024 guidance items.

4 months ago - Business Wire

Best Oil Stocks to Buy for 2024 and Beyond

Higher prices for crude, lower interest rates and industry consolidation bodes well for Wall Street's top oil stocks.

Other symbols: CVXFANGHALMROOVVPRPTEN
4 months ago - Kiplinger

These Stocks Were Left Behind In November's Historic Rally

Energy was the sole S&P 500 sector to decline this month as the index marched toward its best month since July 2022.

Other symbols: CICSCOHESHUMPAYCWBAXOM
5 months ago - Forbes

Chart Master: What's next for oil and energy stocks?

Carter Worth, Worth Charting, takes a closer look at oil's slippery slide down as prices continue to fall.

Other symbols: BPCVXOXYXLEXOM
5 months ago - CNBC Television

ConocoPhillips' Record Production, Favorable Oil Prices Fuel Earnings Beat

ConocoPhillips (COP) beat earnings predictions for the third quarter after revenue got a boost from increased production levels and rebounding oil prices.

6 months ago - Investopedia

ConocoPhillips profit and production top estimates as oil major raises quarterly dividend by 14%

ConocoPhillips' stock COP, -1.79% rose 0.9% in premarket trade Thursday, after the energy giant posted better-than-expected third-quarter profit and said it's raising its quarterly dividend by 14%. Th...

6 months ago - Market Watch