Should I buy or sell ConocoPhillips stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 4 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" COP shares. View COP analyst ratings or view top-rated stocks .

What is ConocoPhillips' stock price target for 2024?

16 Wall Street analysts have issued 12-month price targets for ConocoPhillips' stock. Their COP share price targets range from $120.00 to $170.00. On average, they anticipate the company's stock price to reach $140.59 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View analysts price targets for COP or view top-rated stocks among Wall Street analysts .

How have COP shares performed in 2024?

ConocoPhillips' stock was trading at $116.07 at the beginning of 2024. Since then, COP shares have increased by 11.6% and is now trading at $129.53. View the best growth stocks for 2024 here .

Are investors shorting ConocoPhillips?

ConocoPhillips saw a decrease in short interest in March. As of March 31st, there was short interest totaling 12,880,000 shares, a decrease of 5.7% from the March 15th total of 13,660,000 shares. Based on an average daily trading volume, of 5,600,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.1% of the company's stock are sold short. View ConocoPhillips' Short Interest .

When is ConocoPhillips' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our COP earnings forecast .

How can I listen to ConocoPhillips' earnings call?

ConocoPhillips will be holding an earnings conference call on Thursday, May 2nd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were ConocoPhillips' earnings last quarter?

ConocoPhillips (NYSE:COP) announced its quarterly earnings results on Thursday, February, 8th. The energy producer reported $2.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.08 by $0.32. The energy producer had revenue of $15.31 billion for the quarter, compared to the consensus estimate of $14.47 billion. ConocoPhillips had a trailing twelve-month return on equity of 22.08% and a net margin of 18.71%. During the same quarter last year, the business earned $2.71 earnings per share. Read the conference call transcript .

How often does ConocoPhillips pay dividends? What is the dividend yield for ConocoPhillips?

ConocoPhillips declared a quarterly dividend on Thursday, February 8th. Investors of record on Monday, February 19th will be paid a dividend of $0.78 per share on Friday, March 1st. This represents a $3.12 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Thursday, February 15th. This is a boost from the stock's previous quarterly dividend of $0.58. Read our dividend analysis for COP .

Is ConocoPhillips a good dividend stock?

ConocoPhillips (NYSE:COP) pays an annual dividend of $2.32 per share and currently has a dividend yield of 1.77%. The dividend payout ratio is 25.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COP will have a dividend payout ratio of 21.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for COP .

What ETFs hold ConocoPhillips' stock?

ETFs with the largest weight of ConocoPhillips (NYSE:COP) stock in their portfolio include iShares U.S. Oil & Gas Exploration & Production ETF (IEO) , Energy Select Sector SPDR Fund (XLE) , iShares U.S. Energy ETF (IYE) , First Trust Nasdaq Oil & Gas ETF (FTXN) , Fidelity MSCI Energy Index ETF (FENY) , Vanguard Energy ETF (VDE) , Direxion Daily Energy Bull 2x Shares (ERX) and iShares Global Energy ETF (IXC) .

What is Ryan M. Lance's approval rating as ConocoPhillips' CEO?

417 employees have rated ConocoPhillips Chief Executive Officer Ryan M. Lance on Glassdoor.com . Ryan M. Lance has an approval rating of 88% among the company's employees.

What other stocks do shareholders of ConocoPhillips own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ConocoPhillips investors own include AT&T (T) , Intel (INTC) , Exxon Mobil (XOM) , Chevron (CVX) , Johnson & Johnson (JNJ) , Cisco Systems (CSCO) , Verizon Communications (VZ) , AbbVie (ABBV) , Pfizer (PFE) and Bank of America (BAC) .

Who are ConocoPhillips' major shareholders?

ConocoPhillips' stock is owned by many different institutional and retail investors. Top institutional shareholders include AMF Tjanstepension AB (0.21%), Gateway Investment Advisers LLC (0.04%), Foundation Resource Management Inc. (0.03%), Wealth Enhancement Advisory Services LLC (0.02%), Czech National Bank (0.02%) and Guinness Asset Management LTD (0.01%). Insiders that own company stock include Andrew D Lundquist , Caroline Maury Devine , Christopher P Delk, Dominic E Macklon, Dominic E Macklon , Ellen Desanctis , Heather G Hrap, Heather G Sirdashney , Jody Freeman , Nicholas G Olds, Nicholas G Olds , R A Walker , Ryan Michael Lance , Sharmila Mulligan , Timothy A Leach , Welsh Kontessa S Haynes and William L Jr Bullock . View institutional ownership trends .

How do I buy shares of ConocoPhillips?

Shares of COP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does ConocoPhillips have any subsidiaries?

The following companies are subsidiares of ConocoPhillips: Ashford Energy Capital Limited, BROG LP LLC, Burlington Resources International Inc., Burlington Resources LLC, Burlington Resources Offshore Inc., Burlington Resources Oil & Gas Company LP, Burlington Resources Trading LLC, Concho Resources, Conoco Development Services Inc., Conoco Funding Company, Conoco Petroleum Operations Inc., ConocoPhillips (03-12) Pty Ltd, ConocoPhillips (Browse Basin) Pty Ltd, ConocoPhillips (Grissik) Ltd., ConocoPhillips (U.K.) Holdings Limited, ConocoPhillips (U.K.) Marketing and Trading Limited, ConocoPhillips ANS Marketing Company, ConocoPhillips Alaska II Inc., ConocoPhillips Alaska Inc., ConocoPhillips Angola 36 Ltd., ConocoPhillips Angola 37 Ltd., ConocoPhillips Asia Ventures Pte. Ltd., ConocoPhillips Australia Barossa Pty Ltd, ConocoPhillips Australia Gas Holdings Pty Ltd, ConocoPhillips Australia Holdings Pty Ltd, ConocoPhillips Australia Investments Pty Ltd, ConocoPhillips Australia Pacific LNG Pty Ltd, ConocoPhillips Australia Pty Ltd, ConocoPhillips Bohai Limited, ConocoPhillips Canada (BRC) Partnership, ConocoPhillips Canada (NS) 2426 ULC, ConocoPhillips Canada Marketing & Trading ULC, ConocoPhillips Canada NS Partnership, ConocoPhillips Canada Resources Corp., ConocoPhillips China Inc., ConocoPhillips Colombia Ventures Ltd., ConocoPhillips Company, ConocoPhillips Funding Ltd., ConocoPhillips Gulf of Paria B.V., ConocoPhillips Hamaca B.V., ConocoPhillips Indonesia Holding Ltd., ConocoPhillips JPDA Pty Ltd, ConocoPhillips Libya Waha Ltd., ConocoPhillips Marine Containment Holdings LLC, ConocoPhillips Norge, ConocoPhillips North Caspian Ltd., ConocoPhillips Norway Funding Ltd., ConocoPhillips Petroleum Holdings B.V., ConocoPhillips Pipeline Australia Pty Ltd, ConocoPhillips Qatar Funding Ltd., ConocoPhillips Qatar Ltd., ConocoPhillips Sabah Gas Holdings Limited, ConocoPhillips Sabah Gas Ltd., ConocoPhillips Sabah Holdings Limited, ConocoPhillips Sabah Ltd., ConocoPhillips Skandinavia AS, ConocoPhillips Surmont Partnership, ConocoPhillips Transportation Alaska Inc., ConocoPhillips WA-248 Pty Ltd, Darwin LNG Pty Ltd, Inexco Oil Company, Phillips Coal Company, Phillips International Investments Inc., Phillips Investment Company LLC, Phillips Petroleum International Corporation LLC, Phillips Petroleum International Investment Company LLC, Polar Tankers Inc., Sooner Insurance Company, The Louisiana Land and Exploration Company LLC, and Tosco Corporation. Read More

NYSE:COP

ConocoPhillips (COP) Stock Price, News & Analysis

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$129.53

-0.72 (-0.55%)

(As of 04:10 PM ET)

Compare

Today's Range: $128.50
▼
$130.80
50-Day Range: $109.55
▼
$133.55
52-Week Range: $95.70
▼
$135.18

Volume: 3.87 million shs
Average Volume: 5.50 million shs
Market Capitalization: $152.38 billion

P/E Ratio: 14.30
Dividend Yield: 1.79%
Price Target: $140.59

Get ConocoPhillips alerts:

ConocoPhillips MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.81 Rating Score
Upside/Downside: 8.5% Upside
$140.59 Price Target
Short Interest: Healthy
1.09% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -9.27
Upright™ Environmental Score
News Sentiment: 0.66
Based on 41 Articles This Week
Insider Trading: Selling Shares
$87.62 M Sold Last Quarter
Proj. Earnings Growth: 15.85%
From $9.21 to $10.67 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.51 out of 5 stars

Oils/Energy Sector

22nd out of 239 stocks

Petroleum Refining Industry

3rd out of 16 stocks

2.4

Analyst's Opinion

Consensus Rating
ConocoPhillips has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 11 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
ConocoPhillips has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.09% of the float of ConocoPhillips has been sold short.
Short Interest Ratio / Days to Cover
ConocoPhillips has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ConocoPhillips has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
ConocoPhillips pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
ConocoPhillips does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ConocoPhillips is 25.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, ConocoPhillips will have a dividend payout ratio of 21.74% next year. This indicates that ConocoPhillips will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
ConocoPhillips has received a -157.67% net impact score from Upright. The largest negative impact of ConocoPhillips in category "GHG emissions" seems to be driven mostly by its "Refined natural gas", "Crude oil", and "Crude natural gas" products. See details.
Environmental Sustainability
The Environmental Impact score for ConocoPhillips is -9.27.

2.6

News and Social Media Coverage

News Sentiment
ConocoPhillips has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 41 news articles for ConocoPhillips this week, compared to 14 articles on an average week.
Search Interest
100 people have searched for COP on MarketBeat in the last 30 days. This is an increase of 41% compared to the previous 30 days.
MarketBeat Follows
Only 46 people have added ConocoPhillips to their MarketBeat watchlist in the last 30 days. This is a decrease of -4% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ConocoPhillips insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $87,615,169.00 in company stock.
Percentage Held by Insiders
Only 0.34% of the stock of ConocoPhillips is held by insiders.
Percentage Held by Institutions
82.36% of the stock of ConocoPhillips is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for ConocoPhillips are expected to grow by 15.85% in the coming year, from $9.21 to $10.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ConocoPhillips is 14.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of ConocoPhillips is 14.30, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.79.
Price to Earnings Growth Ratio
ConocoPhillips has a PEG Ratio of 2.85. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
ConocoPhillips has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About ConocoPhillips Stock (NYSE:COP)

ConocoPhillips is a US-based muti-national energy company. ConocoPhillips is a diversified and integrated energy company with operations in all energy industry segments. In 2021, it was ranked the 8th largest petroleum company by market cap and was #156 on the Forbes Fortune 500 list. Regarding the global economy, it is the world’s 574th largest business, with operations in 13 countries. It is one of 5 remaining companies from Standard Oil’s split up and is the result of decades of mergers and acquisitions.

The company’s earliest origins are in 1875 with the birth of Continental Oil and Transportation Company, Conoco. The company grew quickly with the industrial revolution and the widening usage of Kerosene, among other petroleum products, for heating and lighting. By 1885 it had become part of the Standard Oil family of companies, a time in which it also saw explosive growth.

Assets related to the original Conoco were sold to oil exploration leader E.W. Marland and were later remerged following Standard’s demise. By 1929, the company was an independent and fully integrated energy company specializing in crude and derivative products. Phillips Petroleum Company was founded in 1917 as an oil exploration company that quickly expanded into diversified operations. The company hit the big times upon the discovery of natural gas in the Texas panhandle and it saw explosive growth in the war and post-war periods of the early and mid-20th century.

Today, ConocoPhillips explores for, develops and produces crude oil, natural gas, natural gas liquids and bitumen across a diversified portfolio of assets. The company also transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), natural gas liquids and their derivative products through a global network of distributors.

The company’s operations span the conventional and tight oil markets, including shale gas, heavy oil, oil sands and other petroleum-related businesses. As of late 2022, the company had more than 6.1 billion barrels of proven oil and oil-equivalent reserves and was producing 1.731 million barrels of crude and equivalents per day. Roughly 50% of operations are centered in the crude oil market while less than 40% are natural gas, with the remainder made up of LNG and bitumen (asphalt).

The company's portfolio includes conventional, unconventional plays in North America, Europe, Asia and Australia. Assets are primarily located in Alaska (about 33% of US production), Eagle Ford, the Permian Basin, the Bakken, the Gulf of Mexico and the Anadarko Basin. Revenue topped $45.8 billion in 2021 and the company employs about 9,900 worldwide. Exploratory operations are underway in Columbia and Chile where the opportunity for both scale and flexibility is present.

ConocoPhillips was the first major oil company to adopt the Paris Climate Accord and pledge to achieve net-zero scope 1 and scope 2 emissions by 2050. Areas of focus include increasing operational efficiencies, supporting the reduction of end-use pollutants and advancing low-carbon alternatives, including hydrogen production and fuel cells.

COP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

COP Stock News Headlines

March 27, 2024 | insidertrades.com

Nicholas G. Olds Sells 12,150 Shares of ConocoPhillips (NYSE:COP) Stock

March 26, 2024 | marketbeat.com

Pennsylvania county joins other local governments in suing oil industry over climate change

A large suburban Philadelphia county has joined dozens of other local governments around the country in suing the oil industry, asserting that major oil producers systematically deceived the public about their role in accelerating global warming

April 16, 2024 | DTI (Ad)

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March 26, 2024 | insidertrades.com

William L. Jr. Bullock Sells 45,200 Shares of ConocoPhillips (NYSE:COP) Stock

April 16, 2024 | americanbankingnews.com

ConocoPhillips (NYSE:COP) Receives Consensus Rating of "Moderate Buy" from Brokerages

April 13, 2024 | americanbankingnews.com

ConocoPhillips (NYSE:COP) PT Raised to $135.00

April 13, 2024 | americanbankingnews.com

Q1 2024 EPS Estimates for ConocoPhillips Cut by Analyst (NYSE:COP)

April 13, 2024 | americanbankingnews.com

ConocoPhillips (NYSE:COP) Hits New 12-Month High Following Analyst Upgrade

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Biden’s $374B Giveaway Into This Sector

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April 13, 2024 | finance.yahoo.com

ConocoPhillips (COP) Stock Moves -1.29%: What You Should Know

April 12, 2024 | yahoo.com

Former Anchorage police officer found guilty in ConocoPhillips embezzlement

April 12, 2024 | americanbankingnews.com

Capital One Financial Comments on ConocoPhillips' Q4 2024 Earnings (NYSE:COP)

April 11, 2024 | markets.businessinsider.com

Key Takeaways From ConocoPhillips Analyst Ratings

April 11, 2024 | americanbankingnews.com

Barclays Initiates Coverage on ConocoPhillips (NYSE:COP)

April 11, 2024 | americanbankingnews.com

ConocoPhillips (NYSE:COP) Price Target Increased to $149.00 by Analysts at Wells Fargo & Company

April 10, 2024 | seekingalpha.com

ConocoPhillips: Oil At $85, Buy Or Sell?

April 10, 2024 | seekingalpha.com

Aris Strategizes For Success In The Oil & Gas Industry

April 10, 2024 | seekingalpha.com

Aris Strategizes For Success In The Oil & Gas Industry

April 10, 2024 | markets.businessinsider.com

Conocophillips: Buy Rating Affirmed with Increased Price Target Amidst Strong Fundamentals and Future Earnings Prospects

April 10, 2024 | fool.com

Think Oil Is Going Higher? 3 Dividend Stocks to Buy Now

April 9, 2024 | investorplace.com

Wall Street Favorites: 3 Oil & Gas Stocks With Strong Buy Ratings for April 2024

April 9, 2024 | msn.com

ConocoPhillips Stock (NYSE:COP): Positioned to Benefit from Geopolitical Tensions

April 9, 2024 | finance.yahoo.com

ConocoPhillips Stock (NYSE:COP): Set to Benefit from Geopolitical Tensions

April 8, 2024 | investorplace.com

Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for April 2024

April 8, 2024 | americanbankingnews.com

Brokers Issue Forecasts for ConocoPhillips' Q1 2024 Earnings (NYSE:COP)

April 7, 2024 | finance.yahoo.com

ConocoPhillips (NYSE:COP) climbs 4.9% this week, taking three-year gains to 193%

April 7, 2024 | americanbankingnews.com

Truist Financial Lowers ConocoPhillips (NYSE:COP) Price Target to $170.00

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 3/1 Dividend: 2/15/2024
Dividend Payable: 3/01/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Petroleum refining
Sub-Industry: Oil & Gas Exploration & Production
Current Symbol: NYSE:COP
CUSIP: 20825C10
CIK: 1163165
Web: www.conocophillips.com
Phone: (281) 293-1000
Fax: 281-293-1440
Employees: 9,900
Year Founded: 2012

Price Target and Rating

Average Stock Price Target: $140.59
High Stock Price Target: $170.00
Low Stock Price Target: $120.00
Potential Upside/Downside: +8.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.81
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.06
Trailing P/E Ratio: 14.30
Forward P/E Ratio: 14.06
P/E Growth: 2.85
Net Income: $10.96 billion
Net Margins: 18.71%
Pretax Margin: 27.81%
Return on Equity: 22.08%
Return on Assets: 11.46%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 1.43
Quick Ratio: 1.29

Sales & Book Value

Annual Sales: $58.57 billion
Price / Sales: 2.60
Cash Flow: $15.93 per share
Price / Cash Flow: 8.13
Book Value: $41.50 per share
Price / Book: 3.12

Miscellaneous

Outstanding Shares: 1,176,410,000
Free Float: 1,172,408,000
Market Cap: $152.38 billion
Optionable: Optionable
Beta: 1.24

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Key Executives

Mr. Ryan M. Lance (Age 62)
Chairman & CEO
Comp: $5.66M
Mr. William L. Bullock Jr. (Age 59)
Executive VP & CFO
Comp: $2.76M
Mr. Nicholas G. Olds (Age 54)
Executive Vice President of Lower 48
Comp: $1.76M
Mr. Timothy A. Leach (Age 64)
Director & Advisor
Comp: $2.39M
Mr. Kirk L. Johnson
Senior Vice President of Global Operations
Mr. Andrew M. O'Brien (Age 49)
Senior Vice President of Strategy, Commercial, Sustainability & Technology
Ms. Heather G. Hrap (Age 51)
Senior Vice President of Human Resources & Real Estate and Facilities Services
Mr. Andrew D. Lundquist (Age 63)
Senior Vice President of Government Affairs
Mr. Dodd W. DeCamp
President-Middle East Russia & Caspian Region
Mr. John David Wright BSc (Age 64)
CFA, P.Eng., President of Global Supply

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy ConocoPhillips Stock? COP Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ConocoPhillips:

ConocoPhillips explores for, produces, transports, and markets crude oil, natural gas, LNG, and natural gas liquids globally, providing exposure to diverse energy markets.
The company has a portfolio that includes unconventional plays, conventional assets, global LNG developments, and oil sands assets, offering a mix of high-potential opportunities.
ConocoPhillips has a strong inventory of global exploration prospects, indicating potential for future growth and expansion.
Recent developments have shown positive analyst recommendations for ConocoPhillips, reflecting confidence in the company's performance and potential.
Investors may find the current stock price of ConocoPhillips attractive for potential value and growth opportunities in the energy sector.

Cons

Investors should be bearish about investing in ConocoPhillips for these reasons:

Volatility in global energy markets could impact ConocoPhillips' operations and financial performance, leading to uncertainties for investors.
Regulatory changes or environmental concerns may pose risks to ConocoPhillips' operations and profitability, affecting investor sentiment.
Fluctuations in commodity prices, such as crude oil and natural gas, could influence ConocoPhillips' revenue and earnings, impacting investor returns.
Market competition and geopolitical factors may introduce challenges for ConocoPhillips in maintaining its market position and profitability, affecting investor confidence.
Investors should consider the overall economic conditions and industry trends when evaluating the long-term investment prospects of ConocoPhillips.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these ConocoPhillips pros and cons to contact@marketbeat.com.

COP Stock Analysis - Frequently Asked Questions

Should I buy or sell ConocoPhillips stock right now?: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ConocoPhillips in the last year. There are currently 4 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" COP shares.
View COP analyst ratings or view top-rated stocks.
What is ConocoPhillips' stock price target for 2024?: 16 Wall Street analysts have issued 12-month price targets for ConocoPhillips' stock. Their COP share price targets range from $120.00 to $170.00. On average, they anticipate the company's stock price to reach $140.59 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
View analysts price targets for COP or view top-rated stocks among Wall Street analysts.
How have COP shares performed in 2024?: ConocoPhillips' stock was trading at $116.07 at the beginning of 2024. Since then, COP shares have increased by 11.6% and is now trading at $129.53.
View the best growth stocks for 2024 here.
Are investors shorting ConocoPhillips?: ConocoPhillips saw a decrease in short interest in March. As of March 31st, there was short interest totaling 12,880,000 shares, a decrease of 5.7% from the March 15th total of 13,660,000 shares. Based on an average daily trading volume, of 5,600,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.1% of the company's stock are sold short.
View ConocoPhillips' Short Interest.
When is ConocoPhillips' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our COP earnings forecast.
How can I listen to ConocoPhillips' earnings call?: ConocoPhillips will be holding an earnings conference call on Thursday, May 2nd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were ConocoPhillips' earnings last quarter?: ConocoPhillips (NYSE:COP) announced its quarterly earnings results on Thursday, February, 8th. The energy producer reported $2.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.08 by $0.32. The energy producer had revenue of $15.31 billion for the quarter, compared to the consensus estimate of $14.47 billion. ConocoPhillips had a trailing twelve-month return on equity of 22.08% and a net margin of 18.71%. During the same quarter last year, the business earned $2.71 earnings per share.
Read the conference call transcript.
How often does ConocoPhillips pay dividends? What is the dividend yield for ConocoPhillips?: ConocoPhillips declared a quarterly dividend on Thursday, February 8th. Investors of record on Monday, February 19th will be paid a dividend of $0.78 per share on Friday, March 1st. This represents a $3.12 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Thursday, February 15th. This is a boost from the stock's previous quarterly dividend of $0.58.
Read our dividend analysis for COP.

Is ConocoPhillips a good dividend stock?: ConocoPhillips (NYSE:COP) pays an annual dividend of $2.32 per share and currently has a dividend yield of 1.77%. The dividend payout ratio is 25.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COP will have a dividend payout ratio of 21.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COP.
What ETFs hold ConocoPhillips' stock?: ETFs with the largest weight of ConocoPhillips (NYSE:COP) stock in their portfolio include iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Energy Select Sector SPDR Fund (XLE), iShares U.S. Energy ETF (IYE), First Trust Nasdaq Oil & Gas ETF (FTXN), Fidelity MSCI Energy Index ETF (FENY), Vanguard Energy ETF (VDE), Direxion Daily Energy Bull 2x Shares (ERX) and iShares Global Energy ETF (IXC).
What is Ryan M. Lance's approval rating as ConocoPhillips' CEO?: 417 employees have rated ConocoPhillips Chief Executive Officer Ryan M. Lance on Glassdoor.com. Ryan M. Lance has an approval rating of 88% among the company's employees.
What other stocks do shareholders of ConocoPhillips own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ConocoPhillips investors own include AT&T (T), Intel (INTC), Exxon Mobil (XOM), Chevron (CVX), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Verizon Communications (VZ), AbbVie (ABBV), Pfizer (PFE) and Bank of America (BAC).
Who are ConocoPhillips' major shareholders?: ConocoPhillips' stock is owned by many different institutional and retail investors. Top institutional shareholders include AMF Tjanstepension AB (0.21%), Gateway Investment Advisers LLC (0.04%), Foundation Resource Management Inc. (0.03%), Wealth Enhancement Advisory Services LLC (0.02%), Czech National Bank (0.02%) and Guinness Asset Management LTD (0.01%). Insiders that own company stock include Andrew D Lundquist, Caroline Maury Devine, Christopher P Delk, Dominic E Macklon, Dominic E Macklon, Ellen Desanctis, Heather G Hrap, Heather G Sirdashney, Jody Freeman, Nicholas G Olds, Nicholas G Olds, R A Walker, Ryan Michael Lance, Sharmila Mulligan, Timothy A Leach, Welsh Kontessa S Haynes and William L Jr Bullock.
View institutional ownership trends.
How do I buy shares of ConocoPhillips?: Shares of COP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does ConocoPhillips have any subsidiaries?: The following companies are subsidiares of ConocoPhillips: Ashford Energy Capital Limited, BROG LP LLC, Burlington Resources International Inc., Burlington Resources LLC, Burlington Resources Offshore Inc., Burlington Resources Oil & Gas Company LP, Burlington Resources Trading LLC, Concho Resources, Conoco Development Services Inc., Conoco Funding Company, Conoco Petroleum Operations Inc., ConocoPhillips (03-12) Pty Ltd, ConocoPhillips (Browse Basin) Pty Ltd, ConocoPhillips (Grissik) Ltd., ConocoPhillips (U.K.) Holdings Limited, ConocoPhillips (U.K.) Marketing and Trading Limited, ConocoPhillips ANS Marketing Company, ConocoPhillips Alaska II Inc., ConocoPhillips Alaska Inc., ConocoPhillips Angola 36 Ltd., ConocoPhillips Angola 37 Ltd., ConocoPhillips Asia Ventures Pte. Ltd., ConocoPhillips Australia Barossa Pty Ltd, ConocoPhillips Australia Gas Holdings Pty Ltd, ConocoPhillips Australia Holdings Pty Ltd, ConocoPhillips Australia Investments Pty Ltd, ConocoPhillips Australia Pacific LNG Pty Ltd, ConocoPhillips Australia Pty Ltd, ConocoPhillips Bohai Limited, ConocoPhillips Canada (BRC) Partnership, ConocoPhillips Canada (NS) 2426 ULC, ConocoPhillips Canada Marketing & Trading ULC, ConocoPhillips Canada NS Partnership, ConocoPhillips Canada Resources Corp., ConocoPhillips China Inc., ConocoPhillips Colombia Ventures Ltd., ConocoPhillips Company, ConocoPhillips Funding Ltd., ConocoPhillips Gulf of Paria B.V., ConocoPhillips Hamaca B.V., ConocoPhillips Indonesia Holding Ltd., ConocoPhillips JPDA Pty Ltd, ConocoPhillips Libya Waha Ltd., ConocoPhillips Marine Containment Holdings LLC, ConocoPhillips Norge, ConocoPhillips North Caspian Ltd., ConocoPhillips Norway Funding Ltd., ConocoPhillips Petroleum Holdings B.V., ConocoPhillips Pipeline Australia Pty Ltd, ConocoPhillips Qatar Funding Ltd., ConocoPhillips Qatar Ltd., ConocoPhillips Sabah Gas Holdings Limited, ConocoPhillips Sabah Gas Ltd., ConocoPhillips Sabah Holdings Limited, ConocoPhillips Sabah Ltd., ConocoPhillips Skandinavia AS, ConocoPhillips Surmont Partnership, ConocoPhillips Transportation Alaska Inc., ConocoPhillips WA-248 Pty Ltd, Darwin LNG Pty Ltd, Inexco Oil Company, Phillips Coal Company, Phillips International Investments Inc., Phillips Investment Company LLC, Phillips Petroleum International Corporation LLC, Phillips Petroleum International Investment Company LLC, Polar Tankers Inc., Sooner Insurance Company, The Louisiana Land and Exploration Company LLC, and Tosco Corporation.
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This page (NYSE:COP) was last updated on 4/16/2024 by MarketBeat.com Staff

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ConocoPhillips (COP) Stock Price, News & Analysis

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