Conoco Phillips (COP)
| Market Cap | 129.08B |
| Revenue (ttm) | 57.53B |
| Net Income (ttm) | 10.59B |
| Shares Out | 1.16B |
| EPS (ttm) | 8.83 |
| PE Ratio | 12.55 |
| Forward PE | 12.23 |
| Dividend | $1.87 (1.68%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 3,316,826 |
| Open | 111.15 |
| Previous Close | 111.03 |
| Day's Range | 109.93 - 111.54 |
| 52-Week Range | 105.77 - 135.18 |
| Beta | 1.25 |
| Analysts | Buy |
| Price Target | 143.67 (+29.6%) |
| Earnings Date | Aug 1, 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 $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 $143.67, which is an increase of 29.60% from the latest price.
News
What A Kamala Harris Presidency Could Mean For Oil Stocks: Chevron, Marathon Move Lower
Oil stocks fell early Monday amid concerns that Vice President Kamala Harris could take a tougher stance on the oil and gas industry if she becomes the Democratic presidential nominee and wins the rac...
Trinidad's court reaffirms recognition of ConocoPhillips' claim against Venezuela
Trinidad and Tobago's High Court on Thursday reaffirmed a decision recognizing U.S. oil producer ConocoPhillips' arbitration claim against Venezuela, which could freeze the Caribbean country's payment...
ConocoPhillips-Marathon Oil Merger Draws Fresh Government Scrutiny
ConocoPhillips' (COP) planned $22.5 billion acquisition of Marathon Oil (MRO) has again drawn questions from the Federal Trade Commission (FTC).
ConocoPhillips, Marathon Oil get second US FTC request over $22.5 bln deal
Top U.S. independent oil producer ConocoPhillips said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of rival Marathon Oil.
ConocoPhillips sues Biden administration over Alaska drilling restrictions
Alaska's largest oil company, ConocoPhillips, is suing the Biden administration over new rules regarding drilling in the National Petroleum Reserve in Alaska.
US Senate committee probes 18 oil producers on price collusion with OPEC
The U.S. Senate budget committee on Thursday launched a probe of 18 domestic oil producers about any efforts to illegally coordinate oil prices with the Organization of the Petroleum Exporting Countri...
ConocoPhillips to hold second-quarter earnings conference call on Thursday, Aug. 1
HOUSTON--(BUSINESS WIRE)--ConocoPhillips will host a conference call webcast on Thursday, Aug. 1, 2024, at 12 p.m. ET to discuss Q2 2024 financial and operating results.
Final Trades: Nvidia, Abbvie, ConocoPhillips and Vertex Pharma
The Investment Committee share their top stocks to watch for the second half.
Trade Alert: Bill Baruch buys ConocoPhillips and sells Nucor
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to detail his latest trades.
MARATHON OIL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Marathon Oil Corporation - MRO
NEW ORLEANS, LA / ACCESSWIRE / May 30, 2024 / Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
Trinidad court recognizes ConocoPhillips' $1.3 billion claim against Venezuela
U.S. oil firm ConocoPhillips won a Trinidad & Tobago court order granting it the right to enforce a $1.3 billion claim against Venezuela for past expropriations, casting a shadow over a proposed offsh...
Marathon Oil deal 'makes a lot of strategic sense' for ConocoPhillips: Bison Interests' Josh Young
Josh Young, Bison Interests CIO, joins 'Squawk Box' to discuss ConocoPhillips' deal to buy Marathon Oil, why there's been a surge in M&A activity in the sector, and more.
ConocoPhillips Bolsters U.S. Shale Assets With $22.5 Billion Acquisition Of Marathon Oil
ConocoPhillips ConocoPhillips announced plans to acquire Marathon Oil Marathon Oil Corporation through an all-stock transaction valued at $22.5 billion, including $5.4 billion in net debt. Marathon Oi...
ConocoPhillips to buy Marathon Oil in $22.5 billion deal—another energy megamerger
ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion deal, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.
COP Acquiring MRO & Anglo American Rejects BHP Deal Deadline Extension Request
ConocoPhillips (COP) is acquiring Marathon Oil (MRO) in a $17.5B all-stock deal. Kevin Green discusses this as well as how Anglo American rejects BPH Group's (BHP) request to extend deal talk deadline...
ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal
The deal allows ConocoPhillips to expand its presence in several key U.S. shale basins including in Texas and North Dakota.
ConocoPhillips, Marathon Oil Merger Creates Another Shale Giant
Some of us are old enough to remember when Conoco, Phillips Petroleum, and Marathon were three separate companies, all of which were fully integrated majors. Conoco and Phillips, both originally based...
ConocoPhillips To Buy Marathon Oil: What To Know
If ConocoPhillips' bid for Marathon Oil goes through, it will bring together two of the world's largest exploration and production companies.
Oil deals: Shareholders approve Hess sale, Conoco acquires Marathon
Hess (HES) shareholders have officially voted in favor of selling the company to Chevron (CVX) in a deal valued at $53 billion. However, the path to finalizing this transaction still presents several ...
Marathon bondholders signaled deal ahead of ConocoPhillips merger announcement
Marathon Oil bonds were rallying Wednesday on the heels of the announcement of the company's $17.5 billion acquisition by ConocoPhillips, but investors had already been moving money into the energy co...
ConocoPhillips to Buy Marathon Oil for $17 Billion
ConocoPhillips agreed to acquire Marathon Oil Corp. in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest players in the US oil and gas indust...
Marathon Oil Stock Jumps on $22.5B Acquisition by ConocoPhillips
Marathon Oil (MRO) stock jumped at the opening bell Wednesday after ConocoPhillips (COP) announced that it will acquire its fellow Houston-based energy firm in an all-stock deal valued at $22.5 billio...
ConocoPhillips to buy Marathon Oil in $22.5 billion deal
ConocoPhillips will buy Marathon Oil for $22.5 billion, marking the latest merger in the oil and gas industry. Transcript: CONWAY GITTENS: I'm Conway Gittens reporting from the New York Stock Exchange...