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Conocophillips (COP)
NYSE:COP

Conocophillips (COP) Stock Price & Analysis

5,847 Followers

COP Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$96.32 - $134.32
Previous Close$109.54
Volume5.75M
Average Volume (3M)5.16M
Market Cap
$127.36B
Enterprise Value$139.69B
Total Cash (Recent Filing)$6.61B
Total Debt (Recent Filing)$18.94B
Price to Earnings (P/E)12.4
Beta0.69
Aug 01, 2024
Dividend Yield2.97%
Share Statistics
EPS (TTM)8.84
Shares Outstanding1,169,533,976
10 Day Avg. Volume5,801,762
30 Day Avg. Volume5,155,859
Standard Deviation0.13
R-Squared0.25
Alpha0.00731
Financial Highlights & Ratios
Price to Book (P/B)2.60
Price to Sales (P/S)2.28
Price to Cash Flow (P/CF)6.10
P/FCF Ratio11.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.49
Enterprise Value/Gross Profit7.67
Enterprise Value/Ebitda3.17
Forecast
Price Target Upside34.44% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16

Bulls Say, Bears Say

Bulls Say
Shareholder ReturnsAccelerating the base dividend by 34% and increasing the buyback by ~$2bn annually underpin COP's commitment to shareholder returns.
Synergies And GrowthManagement commented that the transaction, upon close, would be immediately accretive to earnings, cash flow from operations, free cash flow and FCF per share.
ValuationWith a 30% discount to the discounted cash flow based price objective of $147, shares are seen as attractively valued.
Bears Say
Asset ProductivityEstimated L48 inventory depth for COP is lowered from ~15 years to ~13 years given the more mature and less-productive Eagle Ford and Bakken assets at MRO.
Financial PerformanceThe company lowered its capital return target to $9bn, with a higher emphasis on buybacks.
ValuationCOP is trading at a premium valuation to peers.
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Financials

Annual

Ownership Overview

0.43%30.35%38.76%30.46%
38.76% Other Institutional Investors
30.46% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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COP FAQ

What was Conocophillips’s price range in the past 12 months?
Conocophillips lowest stock price was $96.32 and its highest was $134.32 in the past 12 months.
    What is Conocophillips’s market cap?
    Currently, no data Available
    When is Conocophillips’s upcoming earnings report date?
    Conocophillips’s upcoming earnings report date is Aug 01, 2024 which is in 44 days.
      How were Conocophillips’s earnings last quarter?
      Conocophillips released its earnings results on May 02, 2024. The company reported $2.03 earnings per share for the quarter, missing the consensus estimate of $2.039 by -$0.009.
        Is Conocophillips overvalued?
        According to Wall Street analysts Conocophillips’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Conocophillips pay dividends?
          Conocophillips pays a Notavailable dividend of $0.78 which represents an annual dividend yield of 2.97%. See more information on Conocophillips dividends here
            What is Conocophillips’s EPS estimate?
            Conocophillips’s EPS estimate is $2.24.
              How many shares outstanding does Conocophillips have?
              Conocophillips has 1,164,305,900 shares outstanding.
                What happened to Conocophillips’s price movement after its last earnings report?
                Conocophillips reported an EPS of $2.03 in its last earnings report, missing expectations of $2.039. Following the earnings report the stock price went down -1.675%.
                  Which hedge fund is a major shareholder of Conocophillips?
                  Among the largest hedge funds holding Conocophillips’s share is Eagle Capital Management, L.L.C.. It holds Conocophillips’s shares valued at 2B.
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                    Company Description

                    Conocophillips

                    ConocoPhillips is a global oil and gas company. It engages in exploration, production, transportation and marketing of crude oil and natural gas. Its portfolio includes conventional assets in North America, Australia, Europe and Asia, as well as oil sand assets in Canada.
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                    COP Company Deck

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                    COP Earnings Call

                    Q1 2024
                    0:00 / 0:00
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                    Best Analysts Covering COP

                    1 Year
                    Kalei AkamineBank of America Securities
                    Not Ranked
                    1 Year Success Rate
                    0/0 ratings generated profit
                    0%
                    1 Year Average Return
                    0.00%
                    assigned a buy rating yesterday
                    Copying Kalei Akamine's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of 0.00% per trade.
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