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NYSE: COP

How to Buy Conocophillips Stock

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Conocophillips

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 $99.20, down 1.38% from the previous day, and has increased 48.7% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.29 percentage points. Conocophillips stock is currently +50.17% from its 52-week low of $66.06, and -20.05% from its 52-week high of $124.08.

As of Sep 26, 2022, there are 1.27B shares of COP outstanding. The market cap of COP is $126.28B. In the last 24 hours, 8.72M COP shares were traded.

How to Buy Conocophillips Stock

Wondering how to invest in Conocophillips stock? Here's how.
  1. Choose where to buy Conocophillips stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Conocophillips stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified. It's the best place to buy COP stock.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Evaluate Conocophillips stock: The Conocophillips ticker symbol is COP. Is Conocophillips stock a good investment? Should you buy shares of COP? How do COP's underlying business fundamentals look? Do top analysts think Conocophillips is a good buy? Why has COP's stock price moved recently? (Hint: Our stock research tools can help you decide if COP is a good stock to buy).
  5. Execute your COP buy order: Decide if you will purchase COP shares at the current market price or use a limit order to buy COP stock at a specific price.
  6. Get the latest news on your investment in COP: Create a watchlist to key updates about your position in Conocophillips stock.

Step 1: Choose where to buy Conocophillips stock

You need a brokerage account to access the NYSE market and buy COP shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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  • Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique portfolios of top investors.
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  • Buy other financial assets: Such as ETFs, commodities, cryptos, and foreign currencies.

Get $10 towards your your purchase of COP stock by signing up for an account with eToro today.

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Step 2: Open your brokerage account

Now that you've picked the next step is brokerage, selected to fill out some personal details so you can invest in COP stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
  2. Provide your personal details to start a new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Fund your brokerage account

Watch the tutorial below for more details transferring money into your new brokerage account.

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Step 4: Evaluate Conocophillips stock

It's crucial to analyze stocks before you invest, so you truly wrap your head around the risk and opportunity.

Conocophillips shares quick numbers

COP Price
$99.20
1w %
-12.11%
1y %
48.7%
5y %
99.72%
P/E
8.16x
P/B
2.52x
P/S
1.86x
PEG
37.28x
Revenue
$68.86B
Earnings
$15.91B
Fore. Rev. Growth
-5.19%
Fore. Earn. Growth
0.22%
Market Cap
$126.28B
Next Earnings
Nov 3, 2022
Next Dividend
Oct 14, 2022

COP Zen Score

WallStreetZen was built to help part-time investors perform better fundamental analysis.

You can see all of the due diligence checks on COP's stock page.

What is the fair value of COP stock?

Analysts use many financial metrics, analyses, models, and charts to gauge COP's fair value.

Using relative valuations metrics:

  • COP could be overvalued based on its P/E ratio of 8.16x, relative to Oil & Gas E&P industry P/E ratio of 5.06x
  • COP may be overvalued based on its P/B ratio of 2.52x, relative to Oil & Gas E&P industry P/B ratio of 2.26x
  • COP may be overvalued based on its PEG ratio of 37.28x

You can access additional valuation analysis on COP's stock here.

COP Financial Health

Passed Health Checks:

  • COP earnings of $24.34B is not sufficient to cover its interest payments.
  • Total COP debt is lower than 5 years ago, relative to shareholder equity.
  • COP's operating cash flow of $23.65B allows it to safely service it's debt of $16.97B.
  • There are more short-term assets than short-term liabilities on the COP balance sheet.
  • COP profit margin has gone up from 5.9% to 23.1% in the past year.

Failed Health Checks:

  • COP has a relatively high debt to equity ratio of 0.87.
  • There are more long-term liabilities than short-term assets on the COP balance sheet.

Is it a good time to buy Conocophillips stock, according to Wall Street analysts?

Out of 14 Equities analysts who give ratings on COP, the consensus analyst rating on Conocophillips is a Strong Buy

Should I buy or sell COP stock?

Based on 14 analysts offering ratings for Conocophillips.
Strong Buy
Strong Buy
10 analysts 71.43%
Buy
3 analysts 21.43%
Hold
1 analysts 7.14%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent COP Analyst Recommendations

Ryan Todd, a top 38% analyst from Piper Sandler maintains COP with a strong buy rating and raises their COP price target from $123.00 to $134.00, on Sep 12, 2022.

Todd raised his price target on ConocoPhillips by 8.9%.

The analyst told investors that he remains "constructive" on integrated companies* in the oil and gas industry.

"Near-record distillate margins continue to drive upside to refining estimates and are likely to do so through the winter and into an 'equally tight' 2023," Todd explained.

The analyst said he does not see any changes to strategic priorities across his Upstream coverage area in spite of some upside risk to cost inflation.

From here: At close on 2022/09/12, ConocoPhillips' share price was $114.39, representing a gain of 55.1% YTD

* From here: "Integrated oil companies operate across the entire petroleum value chain from oil exploration and production (upstream) to transport and refining (midstream), and marketing (downstream).

Jeanine Wai, a bottom 6% analyst from Barclays maintains COP with a strong buy rating and raises their COP price target from $142.00 to $153.00, on Aug 31, 2022.

Devin McDermott, a top 1% analyst from Morgan Stanley maintains COP with a strong buy rating and raises their COP price target from $117.00 to $118.00, on Aug 29, 2022.

Leo Mariani, a top 1% analyst from MKM Partners maintains COP with a strong buy rating and raises their COP price target from $110.00 to $118.00, on Aug 26, 2022.

Vincent Lovaglio, a top 8% analyst from Mizuho maintains COP with a strong buy rating and lowers their COP price target from $148.00 to $138.00, on Aug 18, 2022.

You can dig deeper into what analysts are saying on the Conocophillips stock forecast page.

COP Technicals

SMA10
110.46
SMA20
110.29
SMA50
102.56
SMA100
101.99
SMA200
96.05
MACD
0.54
MACD Signal
2.48
MACD Histogram
-1.94
RSI
36.11
Stochastic %K
14.86
Stochastic %D
30.46
StochRSI %K
0
StochRSI %D
1.11

How is COP performing as a company?

Last year, COP earnings were $15.91B. In the last four year, COP's earnings have increased by 33.92% per year. This was slower than the Oil & Gas E&P industry average of 40.34%.

Last year, COP revenue was $68.86B. Over the last five year, COP's revenue has grown by 17.75% per year. This was slower than the Oil & Gas E&P industry average of 24.98%.

Learn more about COP's earnings and revenue performance here.

Are COP insiders buying or selling the stock?

Over the last year, insiders at COP have sold more shares than they have bought.

Nicholas G. Olds, Executive Vice President of COP, was the latest COP insider to buy. They bought $758,232.75 worth of COP stock on Sep 14, 2022.

Research more about who owns COP shares here.

Can I rely on COP as an income stream?

Conocophillips pays a dividend of 3.06%, compared to the Oil & Gas E&P industry's average dividend yield of 4.42%. If you owned $1,000 of COP stock, you would have received $30.65 in the past 12 months.

Conocophillips dividend payments have not consistently grown over the past decade and have not remained stable.

Get more info about Conocophillips dividend yield and history here.

COP Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your COP buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, place a limit order.

Press the Open Trade button and your broker will place the order.

If you need additional help buying stocks on eToro, watch the how to video below:

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Step 6: Get the latest news on your investment in COP

Now that you own some COP shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to monitor your COP stock.

COP Feed

How to Buy Stock in Conocophillips

To summarize, here are the 6 steps to buy stock in Conocophillips:

  1. Choose where to buy Conocophillips stock
  2. Open your brokerage account
  3. Fund your brokerage account
  4. Evaluate Conocophillips stock
  5. Execute your COP buy order
  6. Get the latest news on your investment in COP

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today

If you would like to watch your investment in Conocophillips, get started below.

NYSE: COP
$99.20-1.39 (-1.38%)
Updated Sep 26, 2022
Open eToro Account
NYSE: COP
$99.20-1.39 (-1.38%)
Updated Sep 26, 2022
Open eToro Account

FAQ

How much does it cost to buy one Conocophillips share?

As of Sep 26, 2022, it costs $99.20 to buy one share of Conocophillips stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.101 shares of COP.

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Is now a good time to buy Conocophillips stock?

According to 14 Wall Street analysts who monitor Conocophillips, their consensus recommendation is to buy Conocophillips stock.

What is the best way to buy Conocophillips stock?

The best way to buy Conocophillips stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.