COP - ConocoPhillips

NYSE - NYSE Delayed Price. Currency in USD
65.20
-0.71 (-1.08%)
At close: 4:00PM EST

64.66 -0.54 (-0.82%)
After hours: 4:33PM EST

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Previous Close65.91
Open65.09
Bid65.01 x 900
Ask69.49 x 1800
Day's Range63.30 - 65.79
52 Week Range50.18 - 80.24
Volume8,750,939
Avg. Volume6,637,228
Market Cap75.061B
Beta (3Y Monthly)1.48
PE Ratio (TTM)12.92
EPS (TTM)5.05
Earnings DateJan 30, 2019 - Feb 4, 2019
Forward Dividend & Yield1.22 (1.85%)
Ex-Dividend Date2018-10-12
1y Target Est81.32
Trade prices are not sourced from all markets
  • U.S. Shale Becomes Oil Industry's Safe Haven as Prices Languish
    Bloomberg25 minutes ago

    U.S. Shale Becomes Oil Industry's Safe Haven as Prices Languish

    The cost of shale production has fallen so much since then that it’s becoming a safe haven for major oil companies in times of volatile prices, providing rapid, reliable growth and quick returns even with crude trading for just over $50 a barrel, down by almost a third since the start of October. The U.S. shale sector has helped boost American production to an average of 10.9 million barrels a day this year, the most on record. ConocoPhillips said Monday it’s spending half its 2019 budget in the continental U.S., while Chevron Corp. is investing more at home than it’s done for more than a decade, with $3.6 billion going to the Permian Basin alone.

  • Oil Extends Gain on OPEC+ Output-Cut Pact and Libya Field Outage
    Bloomberg16 hours ago

    Oil Extends Gain on OPEC+ Output-Cut Pact and Libya Field Outage

    Meanwhile, Libya’s state oil firm declared force majeure at its largest oil field after members of the Petroleum Facilities Guard shut down pumps leading to tanks. Crude is paring this year’s losses after the Organization of Petroleum Exporting Countries and its partners defied U.S. President Donald Trump’s call for the producer group to keep taps open.

  • InvestorPlace8 hours ago

    ConocoPhillips Stock Is a Value Powerhouse With More Growth to Come

    ConocoPhillips (NYSE: COP) has been around since 1875 in one form or another, so it has a lot of experience dealing with the booms and busts in the energy patch. COP stock is up 32% in the past year and that includes all the mess that we’ve been in recently. It’s an odd time in the energy patch, given that prices for oil are very low yet we’re technically in a recovery.

  • ConocoPhillips’ 2019 capital expenditure budget to remain flat
    American City Business Journals5 hours ago

    ConocoPhillips’ 2019 capital expenditure budget to remain flat

    The plan will allow ConocoPhillips produce 1.3 million to 1.35 million barrels per day and to generate free cash flow as long as WTI oil prices remain above $40 per barrel.

  • This Oil Stock Has a Plan to Prosper in 2019
    Motley Fool8 hours ago

    This Oil Stock Has a Plan to Prosper in 2019

    ConocoPhillips’ 2019 operating plan has it well positioned to weather lower oil prices in the coming year.

  • Reuters9 hours ago

    Hess, Conoco raise 2019 production outlook

    Oil and gas producer Hess Corp and Conocophillips both expect production for 2019 to be higher than this year even as they spend roughly the same amount of money on exploration, the companies said on Monday. Hess said the lion's share of its 2019 capital expenditure will go towards exploration in Guyana and Bakken. Conoco will spend most of its capex in Alaska and Canada, it said.

  • Equinor's (EQNR) Troll Phase 3 Development Receives Nod
    Zacks11 hours ago

    Equinor's (EQNR) Troll Phase 3 Development Receives Nod

    Troll Phase 3 is considered one of Equinor's (EQNR) most profitable and flexible projects with a break-even of less than $10 per barrel.

  • TheStreet.com10 hours ago

    ConocoPhillips Plans $6.1 Billion Capex in 2019, to Buy Back $3 Billion of Stock

    plans $6.1 billion of capital expenditures in 2019, the oil and gas giant said Monday, which is about the same amount the Houston-based company will spend by the end of 2018. The 2019 capital budget includes funding for ongoing conventional and unconventional development drilling programs, major projects, exploration and appraisal activities, and base maintenance activities. The 2019 capital budget doesn't reflect potential dispositions that may occur in the year, the company said.

  • Forget ConocoPhillips, ExxonMobil Corporation Is a Better Dividend Stock
    Motley Fool11 hours ago

    Forget ConocoPhillips, ExxonMobil Corporation Is a Better Dividend Stock

    The recent oil downturn is the perfect example of why Exxon is a better dividend stock than ConocoPhillips.

  • MarketWatch11 hours ago

    ConocoPhillips to spend about $6.1 billion in capex in 2019, flat versus 2018

    ConocoPhillips set its capital budget for 2019 on Monday, saying it plans to spend $6.1 billion, or roughly the same as will be spent by end 2018. The energy company said it is increasing its target payout to shareholders to more than 30% of cash from operations, up from 20% to 30%. The company is expecting to buy back $3 billion of its own stock. It expects 2019 production to range from 1,300 thousand barrels of oil equivalent per day (MBOED) to $1,350 MBOED. "We are running our business for sustained through-cycle financial returns, which is necessary for attracting investors back to the E&P sector," Chief Executive Ryan Lance said in a statement. "We believe we have designed ConocoPhillips to offer investors both resilience to lower prices and participation in higher prices via an approach that rations capital across a low cost of supply portfolio, competes on per-share versus absolute growth, and pays out a significant portion of cash from the business to shareholders." Shares rose about 1% premarket, and have gained 20% in 2018, while the S&P 500 has fallen 1.5%.

  • Business Wire11 hours ago

    ConocoPhillips Announces 2019 Capital Budget and Operating Plan; Recent Oil Price Volatility Highlights Investment Appeal of Company’s Differentiated Value Proposition

    ConocoPhillips (COP) today announced its 2019 capital expenditure budget and operating plan. The operating plan reflects the company’s ongoing commitment to free cash flow generation, differentiated payout to shareholders and superior financial returns through business cycles.

  • Rigzone.comyesterday

    ConocoPhillips Plans for $6.1B Capital Spend in 2019

    ConocoPhillips is keeping capital expenditures flat in 2019 while anticipating a production surge.

  • This Soon-to-Be-Former OPEC Member Sees a Brighter Future in Natural Gas
    Motley Fool2 days ago

    This Soon-to-Be-Former OPEC Member Sees a Brighter Future in Natural Gas

    Qatar plans to leave the oil cartel next year to focus its efforts on exporting natural gas.

  • Hedge Funds Are Crazy About ConocoPhillips (COP)
    Insider Monkey2 days ago

    Hedge Funds Are Crazy About ConocoPhillips (COP)

    Amid an overall market correction, many stocks that smart money investors were collectively bullish on tanked during the fourth quarter. Among them, Amazon and Netflix ranked among the top 30 picks and both lost around 20%. Facebook, which was the second most popular stock, lost 14% amid uncertainty regarding the interest rates and tech valuations. […]

  • 5 Best Oil Stocks to Buy Now
    InvestorPlace5 days ago

    5 Best Oil Stocks to Buy Now

    Crude oil prices have been getting crushed over the past few months. The decline in oil makes the stock market’s run look pretty good, with crude falling almost 35% from peak to trough after coming into October near its highs. Some view rising oil prices as a negative burden, something that weighs on consumers and hurts their purchasing power.

  • Alberta’s Production Cut Could Impact the US Energy Sector
    Market Realist6 days ago

    Alberta’s Production Cut Could Impact the US Energy Sector

    On December 2, Rachel Notley, Premier of Alberta, announced a reduction of 8.7% or 325,000 barrels per day of raw crude oil and bitumen in Alberta’s production. After a significant reduction in the storage, authorities might lower the production cut to 95,000 barrels per day in December 2019. On December 3, the gap between the WTI and WCS (Western Canada Select) price contracted by ~$4 per barrel.

  • 10 Best Energy Stocks to Buy for a 2019 Gusher
    Kiplinger7 days ago

    10 Best Energy Stocks to Buy for a 2019 Gusher

    Energy stocks have had a difficult 2018. Mostly flat performance through most of the year turned into a tailspin in October as oil prices plunged from above $75 per barrel to below $50. That in turn has pinched oil companies that rely on elevated commodity prices to drive larger profits. The headwinds are clear. Demand has slowed to a crawl, and supplies have piled up despite production cuts from several nations. Fears about U.S.-China trade relations have weighed, as have worries about sanctions on Iran. It's no wonder why energy stocks have taken it on the chin. But the skies are starting to clear as we head into 2019. OPEC and other nations are beginning to discuss additional output curbs, and with U.S. shale producers running at full capacity, there really isn't much room for them to pick up any slack. The U.S. and China have made progress on trade talks, too, including a 90-day moratorium on increasing tariffs. Investors diving into the sector still need to be choosy. A rebound in oil is far from a certainty, which means it's necessary to put a premium on quality right now. Here, we look at the 10 best energy stocks to buy for 2019 - those that can best take advantage of the current energy environment. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond

  • Why Devon Energy Fell in November
    Market Realist7 days ago

    Why Devon Energy Fell in November

    In November, Devon Energy (DVN) fell 16.6%—the biggest decline on our list of upstream stocks. Our list of upstream stocks is based on the S&P 500 Index’s (SPY) upstream energy sector holdings.

  • Did Occidental Petroleum Make It out of the Woods in November?
    Market Realist7 days ago

    Did Occidental Petroleum Make It out of the Woods in November?

    In November 2018, Occidental Petroleum (OXY) gained 4.8%, the biggest gain among the upstream energy stocks in the S&P 500 Index (SPY).

  • Oil Executives Have Very Different Views on This Hot Topic
    Motley Fool8 days ago

    Oil Executives Have Very Different Views on This Hot Topic

    A wave of mergers and acquisitions in the oil patch has sparked talk about continued consolidation in the sector. But not all executives are on the same page about deal-making.

  • 5 Oil Stocks That Aren't Afraid of Sub-$50 Oil
    Motley Fool11 days ago

    5 Oil Stocks That Aren't Afraid of Sub-$50 Oil

    These oil companies rebuilt their business with low oil prices in mind.

  • ConocoPhillips (COP) Gains But Lags Market: What You Should Know
    Zacks12 days ago

    ConocoPhillips (COP) Gains But Lags Market: What You Should Know

    In the latest trading session, ConocoPhillips (COP) closed at $66.35, marking a +1.64% move from the previous day.

  • Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
    Zacks12 days ago

    Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?

    Sector ETF report for FENY

  • The Wall Street Journal13 days ago

    [$$] U.K. Corruption Trial in F.H. Bertling's Jasmine Case Ends

    The trial, before the U.K.’s Southwark Crown Court, centered on bribes and other illicit payments made by a logistics firm now in liquidation, F.H. Bertling Ltd., for a freight forwarding contract as part ...