Conoco Phillips (COP)
Market Cap | 141.22B |
Revenue (ttm) | 58.57B |
Net Income (ttm) | 10.96B |
Shares Out | 1.18B |
EPS (ttm) | 9.06 |
PE Ratio | 13.27 |
Forward PE | 14.25 |
Dividend | $1.59 (1.32%) |
Ex-Dividend Date | Feb 15, 2024 |
Volume | 4,813,561 |
Open | 120.90 |
Previous Close | 120.04 |
Day's Range | 119.16 - 121.07 |
52-Week Range | 93.26 - 127.35 |
Beta | 1.24 |
Analysts | Buy |
Price Target | 134.76 (+12.06%) |
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 18 analysts, the average rating for COP stock is "Buy." The 12-month stock price forecast is $134.76, which is an increase of 12.06% from the latest price.
News
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...
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.
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.
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.
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...
ConocoPhillips beats third-quarter profit estimates on higher output
ConocoPhillips on Thursday beat Wall Street's third-quarter profit estimates, as the U.S. shale producer benefited from higher output, and raised its quarterly dividend by 14%.
ConocoPhillips Reports Third-Quarter 2023 Results; Announces 14% Increase in Quarterly Ordinary Dividend
HOUSTON--(BUSINESS WIRE)--ConocoPhillips today reported third-quarter 2023 earnings of $2.8 billion, or $2.32 per share.
Up 15% In Last Six Months, Will ConocoPhillips Stock Continue To Grow Post Q3?
We expect ConocoPhillips stock to trade lower post Q3 with both revenue and earnings missing market expectations marginally.
Oil and solar stocks: Energy sector breakdown amid geopolitical conflict, energy transition
Oil (BZ=F, CL=F) rose this week on escalations in the Middle East. Solar stocks, on the other hand, saw a their shares prices decline despite the green energy push, with some companies saying they exp...
Exclusive: ConocoPhillips weighs CrownRock bid to challenge rivals
ConocoPhillips is considering an offer for CrownRock LP, an energy producer in the west Texas area of the Permian basin, people familiar with the matter said, as consolidation in the sector picks up p...