COP - ConocoPhillips

NYSE - NYSE Delayed Price. Currency in USD
60.28
-0.16 (-0.26%)
At close: 4:01PM EDT
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Previous Close60.44
Open60.34
Bid59.92 x 800
Ask0.00 x 1800
Day's Range59.92 - 60.46
52 Week Range56.75 - 80.24
Volume3,901,116
Avg. Volume6,478,901
Market Cap68.127B
Beta (3Y Monthly)0.69
PE Ratio (TTM)9.76
EPS (TTM)6.18
Earnings DateJul 30, 2019
Forward Dividend & Yield1.22 (2.02%)
Ex-Dividend Date2019-07-19
1y Target Est78.00
Trade prices are not sourced from all markets
  • Earnings Preview: ConocoPhillips (COP) Q2 Earnings Expected to Decline
    Zacks15 hours ago

    Earnings Preview: ConocoPhillips (COP) Q2 Earnings Expected to Decline

    ConocoPhillips (COP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Will the Iran Factor Push Oil Higher This Week?
    Market Realist2 days ago

    Will the Iran Factor Push Oil Higher This Week?

    At 2:44 AM ET on Monday, US crude oil prices rose by 58 cents. The standoff between Iran and the United Kingdom might help oil prices rise this week.

  • Reuters2 days ago

    UPDATE 1-Indonesia agrees to extend Corridor natural gas block contract for 20 years

    Indonesia has agreed to extend the production sharing contract for the Corridor natural gas block with ConocoPhillips, Spain's Repsol SA and Pertamina, Deputy Energy Minister Arcandra Tahar said on Monday. ConocoPhillips will operate the block until 2026 before starting to transfer operatorship to state-owned Pertamina, Energy Minister Ignasius Jonan said, adding there was no set timeframe for the transfer. "After a reasonable length of transitional period, ConocoPhillips will transfer (operatorship) to Pertamina," he said.

  • Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
    Zacks2 days ago

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

    Sector ETF report for FENY

  • Financial Times2 days ago

    Wall Street ends higher as tech and oil stocks rally

    Technology stocks led the advance for the broader US market as investors kept an eye on the strained geopolitics of the Gulf. The S&P 500 finished 0.3 per cent higher on Monday, with an afternoon rally at one point putting up as much as 0.5 per cent. That also saw the Dow Jones Industrial Average turn positive and close fractionally higher, but it was tech names that led the way, with the Nasdaq Composite rising 0.7 per cent.

  • Better Buy: Scotts Miracle-Gro vs. ConocoPhillips
    Motley Fool3 days ago

    Better Buy: Scotts Miracle-Gro vs. ConocoPhillips

    These two companies are hitting the accelerator on growth plans in very different markets, but the risks here may not be as they seem.

  • ConocoPhillips (COP) Gains As Market Dips: What You Should Know
    Zacks5 days ago

    ConocoPhillips (COP) Gains As Market Dips: What You Should Know

    ConocoPhillips (COP) closed the most recent trading day at $60.33, moving +0.02% from the previous trading session.

  • Stable Dividend, Minimal Growth Makes Exxon Mobil Stock a Hold
    InvestorPlace5 days ago

    Stable Dividend, Minimal Growth Makes Exxon Mobil Stock a Hold

    Exxon Mobil (NYSE: XOM) stock is treading water. After rallying from roughly $69 in January up to over $83 in April, shares in the oil and gas giant have dipped below the $75 level.Source: Shutterstock While offering a solid dividend yield, a lack of catalysts means the XOM stock price will likely stay within the $70 to $80 trading range. Read on to see why Exxon Mobil stock continues to be a hold. Downstream Business Facing ChallengesFor the first quarter of 2019, the big oil firm saw quarterly earnings fall from $6 billion to $2.35 billion. Downstream (refining) was the biggest cause of the earnings decline.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOne-time events such as asset sales in Q4 can explain some of the downstream earnings decline. But the lion's share was due to lower refining margins. The downstream segment went from a $2.7 billion profit in Q4 2018 to a $256 million loss in Q1 2019. * 7 Stocks Top Investors Are Buying Now Scheduled maintenance was another factor in the downstream unit's weak performance. Moreover, the company expects to spend similar amounts on maintenance in Q2. Upstream Offers Stability in XOM StockWhile the downstream business faces headwinds, upstream provides some positives for the XOM stock price. The company continues to increase production in the Permian Basin. Exxon Mobil's exploration off the coast of Guyana has also yielded strong production opportunities.In their June 2019 JP Morgan Energy Conference presentation, Guyana and other projects provide a high internal rate of return with a low breakeven rate. The company's expertise in developing new production partially outweighs the cyclicality of the downstream refining business.The relative strength of the exploration and production segment has blunted refining challenges. But additional weakness across Exxon Mobil's other business lines could hurt Q2 results. Q2 Earnings OutlookExxon Mobil is scheduled to release Q2 earnings in early August. While the company expects improved refining margins, this may not be enough to counter additional issues. Analysts project the oil firm's natural gas and chemical businesses to lower operating earnings.A decline in natural gas prices offsets an estimated $400 million to $600 million boost to Exxon Mobil's profitability from increased crude oil prices. Low margins and continued maintenance negatively impact the chemical unit.While earnings growth does not appear to be in the cards, there is a positive takeaway: Exxon Mobil stock continues to pay out a solid dividend, providing income-oriented investors a strong reason to consider a position. XOM Remains a Dividend AristocratExxon Mobil stock has seen annual dividend increases for 37 consecutive years. The five-year average growth rate of the dividend is 5.6%. With a current dividend yield of 4.6%, XOM stock is a solid opportunity for passive-income investors.The XOM stock price receives strong price support from the dividend. This somewhat coerces Exxon Mobil to continue the payouts to keep shareholders happy.Without a long-time rise in oil prices, it may be tough for XOM to continue growing the dividend. However, thanks to continued global demand for oil, the company may have the long-term earnings growth necessary to sustain approximately six annual dividend increases.But can investors count on the dividend yield alone to deliver value? Is the current valuation sustainable, or could the XOM stock price see additional declines? Let's see how Exxon Mobil compares to its peers: Exxon Mobil Stock Overvalued Relative to PeersAt the current XOM stock price, the company trades for 20.2-times forward earnings, and an enterprise value (EV)/EBITDA ratio of 9.7. This valuation appears stretched relative to the company's integrated oil and gas rivals:BP (NYSE: BP): 13-times trailing earnings, EV/EBITDA of 6Chevron (NYSE: CVX): 16.9-times forward earnings, EV/EBITDA of 8ConocoPhillips (NYSE: COP): 12.4-times forward earnings, EV/EBITDA of 4.8Royal Dutch Shell (NYSE: RDS.A): 11-times earnings, EV/EBITDA of 5.9One may think that the XOM stock premium is the result of a high dividend. But Exxon Mobil stock does not have the highest yield: For instance, BP has a 6.26% yield, while Royal Dutch Shell sports a 5.94% yield. And Chevron and ConocoPhillips aren't too far behind at 3.83% and 2.04%, respectively.Therefore, looking at both earnings power and dividend yield, it is crystal clear Exxon Mobil stock is not an outstanding opportunity for value or dividend investors. Bottom Line: Exxon Mobil Stock Is a HoldExxon Mobil stock has been hammered by weak refining margins. Despite these risks, XOM stock trades at a premium to its fellow integrated oil and gas companies.The company continues to be a dividend aristocrat, raising the payout for the 37th consecutive year. The dividend yield is solid, but not as high as those paid by BP and Royal Dutch Shell.With improved refining margins, Q2 earnings (anticipated for early August) could satisfy investors. However, weakness in natural gas and chemicals could outweigh a rebound in refining margins.With upside questionable but downside protected by the dividend play, XOM stock is a hold. Investors should consider entering a position if the company starts trading at a discount to its peers.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Are Still Worth Your Time (And Money) * 7 Marijuana Stocks With Critical Levels to Watch * 7 of the Best Smart-Beta ETFs to Target Right Now The post Stable Dividend, Minimal Growth Makes Exxon Mobil Stock a Hold appeared first on InvestorPlace.

  • U.S. Oil Stocks Fall for a Fifth Week, Fuel Supplies Swell
    Zacks6 days ago

    U.S. Oil Stocks Fall for a Fifth Week, Fuel Supplies Swell

    Production shut-in and loss of imports forced by Hurricane Barry led to the stockpile draw with the world's biggest oil consumer even as lower refinery crude runs capped the decline.

  • ConocoPhillips Stock Upgraded: What You Need to Know
    Motley Fool7 days ago

    ConocoPhillips Stock Upgraded: What You Need to Know

    Rising oil prices and a falling share price have Merrill Lynch feeling bullish.

  • Factors to Know Ahead of Schlumberger's (SLB) Q2 Earnings
    Zacks7 days ago

    Factors to Know Ahead of Schlumberger's (SLB) Q2 Earnings

    Schlumberger's (SLB) Reservoir Characterization and Production segments are expected to generate lower earnings in the second quarter than the year-ago period.

  • ConocoPhillips (NYSE:COP) Is About To Go Ex-Dividend, And It Pays A 0.5% Yield
    Simply Wall St.7 days ago

    ConocoPhillips (NYSE:COP) Is About To Go Ex-Dividend, And It Pays A 0.5% Yield

    Readers hoping to buy ConocoPhillips (NYSE:COP) for its dividend will need to make their move shortly, as the stock is...

  • Brent-WTI Spread Could Impact US Oil Exports
    Market Realist8 days ago

    Brent-WTI Spread Could Impact US Oil Exports

    On Monday, Brent crude oil active futures settled $6.9 higher than the WTI crude oil active futures. On July 8, the spread was at $6.45.

  • South Texas Drilling Permit Roundup: New player makes a move in Webb County
    American City Business Journals9 days ago

    South Texas Drilling Permit Roundup: New player makes a move in Webb County

    A young Houston company filed six new permits to drill gas wells last week, which would more than double the wells it already has on record.

  • The Zacks Analyst Blog Highlights: ConocoPhillips, Exxon Mobil, Royal Dutch Shell and Chevron
    Zacks9 days ago

    The Zacks Analyst Blog Highlights: ConocoPhillips, Exxon Mobil, Royal Dutch Shell and Chevron

    The Zacks Analyst Blog Highlights: ConocoPhillips, Exxon Mobil, Royal Dutch Shell and Chevron

  • The 10 Biggest Texas Stocks
    Motley Fool9 days ago

    The 10 Biggest Texas Stocks

    Everything's bigger in Texas, and you'll find some of the most important companies in the world there.

  • Tropical Storm Barry puts oil refining in the Gulf Coast at risk
    Yahoo Finance12 days ago

    Tropical Storm Barry puts oil refining in the Gulf Coast at risk

    Tropical Storm Barry is expected to bring heavy rain and cause dangerous flooding across southeastern Louisiana.

  • ConocoPhillips (COP) Outpaces Stock Market Gains: What You Should Know
    Zacks12 days ago

    ConocoPhillips (COP) Outpaces Stock Market Gains: What You Should Know

    ConocoPhillips (COP) closed at $61.76 in the latest trading session, marking a +0.49% move from the prior day.

  • Oil Price Spurts as Tensions Intensify in the Strait of Hormuz
    Zacks12 days ago

    Oil Price Spurts as Tensions Intensify in the Strait of Hormuz

    The Strait of Hormuz, where the BP-operated oil tanker was "harassed," is touted as the most important global passageway for transporting crude.

  • Barrons.com12 days ago

    Chevron and ConocoPhillips Are the 2 Best Oil Stocks, Goldman Sachs Says

    Chevron and ConocoPhillips look like the best bets among major U.S. oil companies as second-quarter earnings season approaches, according to Goldman Sachs.

  • Is a Beat Likely for Kinder Morgan (KMI) in Q2 Earnings?
    Zacks12 days ago

    Is a Beat Likely for Kinder Morgan (KMI) in Q2 Earnings?

    Kinder Morgan's (KMI) second-quarter 2019 results will likely get a boost from steep demand for natural gas transportation assets.

  • The Zacks Analyst Blog Highlights: Adobe, Philip Morris, Mondelez, ConocoPhillips and Tesla
    Zacks12 days ago

    The Zacks Analyst Blog Highlights: Adobe, Philip Morris, Mondelez, ConocoPhillips and Tesla

    The Zacks Analyst Blog Highlights: Adobe, Philip Morris, Mondelez, ConocoPhillips and Tesla

  • Louisiana businesses brace for Tropical Storm Barry
    Yahoo Finance Video12 days ago

    Louisiana businesses brace for Tropical Storm Barry

    Tropical Storm Barry is expected to bring heavy rain and cause dangerous flooding across southeastern Louisiana.