Conocophillips is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker COP on the NYSE exchange.
Conocophillips stock last closed at $121.71, up 1.57% from the previous day, and has increased 20.85% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.06 percentage points. Conocophillips stock is currently +23.71% from its 52-week low of $98.38, and -9.96% from its 52-week high of $135.18.
As of May 17, 2024, there are 1.17B shares of COP outstanding. The market cap of COP is $142.34B. In the last 24 hours, 4.27M COP shares were traded.
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After you have figured out the best place to buy Conocophillips stock, it's important to analyze their stock before you buy, so you truly comprehend the risk and opportunity.
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You can see all of the due diligence checks on COP's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge COP's intrinsic value.
Using relative valuations ratios:
You can do more valuation research on COP's stock here.
Out of 12 Wall Street analysts who give recommendations on COP, the consensus analyst rating on COP is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Ryan Todd, a top 3% analyst from Piper Sandler maintains COP with a strong buy rating and raises their COP price target from $145.00 to $157.00, on Apr 18, 2024.
Piper Sandler's Ryan Todd raised their price target on Conocophillips (NYSE: COP) by 8.3% from $145 to $157 on 2024/04/18. The analyst maintained their Strong Buy rating on the stock.
Previewing Q1 2024 earnings for names in their Energy (Integrated Oil & Gas), Todd reported that Piper Sandler sees IOCs (integrated oil & gas companies) "as increasingly well positioned within the sector."
Acknowledging that "near-term refining valuations probably got a bit overextended recently," the analyst argued that there is growing investor confidence in "higher for longer margins driven by continued market tightness into and beyond 2025, driving far more attractive and sustainable shareholder returns than appreciated."
Paul Cheng, a top 9% analyst from ScotiaBank maintains COP with a hold rating and raises their COP price target from $120.00 to $135.00, on Apr 11, 2024.
Betty Jiang, a bottom 9% analyst from Barclays initiates coverage on COP with a strong buy rating and announces their COP price target of $158.00, on Apr 10, 2024.
Devin McDermott, a top 2% analyst from Morgan Stanley maintains COP with a strong buy rating and raises their COP price target from $123.00 to $129.00, on Mar 28, 2024.
Josh Silverstein, a top 19% analyst from UBS maintains COP with a strong buy rating and raises their COP price target from $138.00 to $143.00, on Feb 14, 2024.
You can dive deeper into what analysts are projecting on the Conocophillips stock forecast page.
Last year, COP earnings were $10.59B. Over the past five year, COP's earnings have increased by 7.27% per year. This was slower than the Oil & Gas E&P industry average of 20.14%.
Last year, COP revenue was $57.53B. Over the past 5 year, COP's revenue has gone up by 7.64% per year. This was slower than the Oil & Gas E&P industry average of 18.72%.
Dive into COP's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at COP have sold more shares than they have bought.
Eric D. Mullins, Director of COP, was the latest COP insider to buy. They bought $12,764.20 worth of COP stock on Apr 30, 2024.
Get more info about who owns COP stock here.
Conocophillips pays a dividend of 3.16%, compared to the Oil & Gas E&P industry's average dividend yield of 3.54%. If you owned $1,000 worth of COP stock, you would have received $31.63 in the past year.
Conocophillips dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Conocophillips dividend yield and history here.
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