COP - ConocoPhillips

NYSE - NYSE Delayed Price. Currency in USD
62.75
+2.98 (+4.99%)
At close: 4:01PM EDT
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Previous Close59.77
Open60.83
Bid54.00 x 800
Ask63.50 x 3200
Day's Range60.82 - 63.30
52 Week Range56.75 - 80.24
Volume9,088,936
Avg. Volume6,786,509
Market Cap70.919B
Beta (3Y Monthly)0.72
PE Ratio (TTM)10.16
EPS (TTM)6.18
Earnings DateJul 30, 2019
Forward Dividend & Yield1.22 (2.04%)
Ex-Dividend Date2019-05-10
1y Target Est77.25
Trade prices are not sourced from all markets
  • ConocoPhillips: A Look at Its Key Technicals and Price Targets
    Market Realist16 hours ago

    ConocoPhillips: A Look at Its Key Technicals and Price Targets

    On June 25, ConocoPhillips (COP) had an implied volatility of 24.7%, which was ~3.5% lower than its 15-day average. On the same day, EOG Resources (EOG) and Concho Resources (CXO) had implied volatilities of 33.1% and 39.6%, respectively.

  • Barrons.com17 hours ago

    ConocoPhillips Stock Gains, Boeing Flies, 3 More Midday Movers

    The Dow Jones Industrial Average wasn’t doing much just before noon, but individual stocks were on the move. ConocoPhillips gained on an upgrade, while Boeing got a boost from a report that its 737 Max could fly again by the end of the summer.

  • Why Mizuho Increased Its Target Price on ConocoPhillips
    Market Realist18 hours ago

    Why Mizuho Increased Its Target Price on ConocoPhillips

    On June 26, Mizuho increased its target price on ConocoPhillips (COP) by $6 to $80 and changed its rating from a "neutral" to a "buy." On June 25, COP closed at $59.77. Among the 20 analysts tracking ConocoPhillips stock, 65% have given it “buys.”

  • Oil & Gas Stock Roundup: Anadarko's Mozambique FID, Archrock's Acquisition & More
    Zacksyesterday

    Oil & Gas Stock Roundup: Anadarko's Mozambique FID, Archrock's Acquisition & More

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  • Energy Space: Analyzing the Fall in the Brent-WTI Spread
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    Energy Space: Analyzing the Fall in the Brent-WTI Spread

    Any expansion in the Brent-WTI spread could benefit US refineries and cause their input costs to fall. US refiners’ output prices are benchmarked to stronger Brent prices.

  • Oil Traders: Key Energy Events This Week
    Market Realist3 days ago

    Oil Traders: Key Energy Events This Week

    The U.S. Energy Information Administration is scheduled to release its oil and natural gas inventory data on June 26–27. The data will likely be a short-term driver for oil and natural gas prices.

  • Reuters3 days ago

    UPDATE 2-Quake of magnitude 7.5 shakes East Timor, Australia; no tsunami feared

    A powerful, deep 7.5 magnitude earthquake struck off the coasts of East Timor and Indonesia on Monday, and was felt as far away as Australia, but authorities said it did not have the potential to cause a tsunami. Strong shaking caused alarm in the East Timor capital of Dili prompting people to run out of their houses, a Reuters witness said, but there were no immediate reports of damage, injuries or deaths. The quake struck in the Banda Sea in Indonesia and was felt across northern Australia.

  • Barrons.com6 days ago

    Why You Should Care About Carbon Pricing

    Sustainable investors in the U.S. have heard terms like carbon tax and cap-and-trade for decades, while 40 other countries have begun to address the pollution problem.

  • U.S. Crude Ends Lower Even as EIA Reveals Drop in Supplies
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    U.S. Crude Ends Lower Even as EIA Reveals Drop in Supplies

    The federal governments EIA report revealed that crude inventories fell by 3.1 million barrels for the week ending Jun 14, after rising to a nearly 2-year high in the previous week.

  • Reuters7 days ago

    RPT-COLUMN-Australian resource companies are becoming renewable energy believers: Russell

    It's not quite yet a flood but Australian resource companies are increasingly embracing renewable energies into their mining and natural gas operations even in the face of a federal government that veers toward climate scepticism. Among recent developments are moves by Rio Tinto to convert its iron ore trains to hybrid power, the commissioning of a solar power plant at an oil and gas facility operated by Santos in South Australia state, and battery storage being integrated into ConocoPhillips' liquefied natural gas (LNG) plant in Darwin.

  • J.D. Rockefeller: From Oil Baron to Billionaire
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    J.D. Rockefeller: From Oil Baron to Billionaire

    Eighty years after his death, oil baron John D. Rockefeller remains one of the great figures of Wall Street.

  • 7 Blue-Chip Stocks to Buy for a Noisy Market
    InvestorPlace8 days ago

    7 Blue-Chip Stocks to Buy for a Noisy Market

    No matter where you look recently, the concept of stocks to buy in any industry looks risky. For years, poor and worsening relations between the U.S. and China have dominated media headlines. That situation does not appear to have an imminent solution. But several other factors are now weighing on domestic markets.First, the Trump administration threatened tariffs on imported goods on Mexico unless they helped control Central American migration. The two sides reached an agreement, but the underlying relationship is icy. Second, India has hit the U.S. with retaliatory tariffs due to the latter kicking out the former from its preferential-trade program. Finally, an inverting yield curve threatens the markets, including even viable blue-chip stocks.Again, from all angles, this environment looks like an absolute mess. Invariably, if these headwinds come to roost at once, we would face substantial volatility. Still, I'm confident in the longer-term case for blue-chip stocks to buy. No matter how bad the economy gets, companies must still get business done.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 Therefore, I think it pays to pick relevant, "big-ticket" names for your portfolio. Should the worst happen, they'll likely ride the storm better. If not, even better: a rising tide lifts all boats. With that in mind, here are seven blue-chip stocks to buy now: AT&T (T)Source: Shutterstock Let's face facts: giant blue-chip stocks to buy are simply not in vogue anymore. Markets now place more emphasis on nimble organizations that can react to business changes. That's a good quality, particularly if a recession occurs. I still think some wiggle room exists if your name is AT&T (NYSE:T).Is T stock a perfect play? No. I understand the many criticisms that focus on AT&T's massive debt load. At just under $164 billion on the latest read, it's like the gross domestic product of a small nation. I also hear rumblings about its massive and so far disappointing deals, such as DirecTV. Finally, AT&T is hardly what you call a great growth opportunity.Those are all fair points. But it's also important to note that almost every business-related innovation of tomorrow will require 5G technology. With geopolitical tensions with our greatest adversaries in China and Russia, leading in 5G is absolutely critical. Like it or not, this simple fact benefits T stock, and I'm willing to roll with the punches. International Business Machines (IBM)Source: Shutterstock One of the aforementioned innovations that will benefit from the 5G rollout is the cloud; specifically, the mobile-cloud segment. Prior-generation mobile technologies lacked the connectivity speeds to make mobile-cloud apps anything but rudimentary. But once 5G becomes the new standard in wireless internet, it opens up the door for innovators like International Business Machines (NYSE:IBM).I concede that among blue-chip stocks to buy, Big Blue doesn't typically generate excitement. After a strong start to this year, pensive trading has characterized the last few months. Stakeholders of IBM stock are left to wonder if the company's old version is coming back to bite them.Certainly, I sympathize with the hesitation. However, I think it's important to understand that at its core, IBM stock represents viable, big-ticket synergies. IBM is one of the top cloud providers, but it's more than that. The company leads in multiple high-value technologies, such as deep learning, artificial intelligence, and automation.What has set back IBM stock in the past is a lack of cohesion in bringing these synergies together. But key acquisitions, such as the recent Red Hat deal, offers a new vision. Essentially, IBM is laying the groundwork for a comprehensive and scalable solution for cloud applications. We're really talking about IBM 2.0, but the market doesn't realize it yet. Therefore, this is easily one of the stocks to buy right now. ConocoPhillips (COP)Source: Shutterstock So much has changed over the past few decades. One huge development I noticed was in the parking lot of my local Target (NYSE:TGT) store. I noticed rows and rows of Tesla (NASDAQ:TSLA) electric vehicles all waiting to park in a designated area. Initial confusion led to a quick realization: they're waiting their turn to "gas" up.Given the EV revolution, it's hard to imagine spending too much investor dollars on oil giants like ConocoPhillips (NYSE:COP). Although COP stock benefits not just from automotive use, demand is demand. Back when EVs were not a thing, oil companies could play fast and loose with their pricing: at the end of the day, we could complain but what good would it do?Now that consumers have alternatives to fossil-fueled cars, it seems blue chips that are levered to traditional energy markets are going to plummet. However, EVs have their own quirks and inefficiencies that obviously don't make it to the dealership brochure. Plus, let's think about what would happen if EV owners had their way.Imagine if millions of EV owners across America decided to charge up their cars in the dead of summer: we're talking wide-scale brownouts and blackouts. And are we likely to upgrade our infrastructure to accommodate EVs? That's why you should still take a look at COP stock. Southern Co (SO)Source: Shutterstock Speaking of energy-related blue-chip stocks to buy, concerned investors should take a look at Southern Co (NYSE:SO). Logically, if we do have a comprehensive EV revolution, investments like SO stock could jump far higher than they already have.I want to point out that I'm not a fossil-fuel snob. Admittedly, it's a little weird when I see a car silently streak from a standstill to 60 miles per hour. And the cars from the green Formula E racing series sounds like a dog whistle…if I were a dog. But EVs are better for the environment and I get all that jazz.But folks, energy is energy, which requires conversion of a static element to a kinetic force. That process necessarily impacts the environment, but it's something that we all put up with to power our digital lifestyles.For sure, an underlying political factor exists. At some point in the future, fossil-fuel energy may go by the wayside. However, utility firms like Southern Co will very likely be always relevant. They represent an essential cog of our digitalization gear, which is why I like SO stock. Toyota (TM)Source: Shutterstock It's not a perfect comparison, but it's a good starting point for a discussion. On a year-to-date basis, Toyota Motor (NYSE:TM) -- an automotive titan among blue-chip stocks to buy -- is up into double-digit territory, albeit slightly. Tesla, however, is staring at a staggering loss of nearly 30%.Of course, TM stock is winning bigly against TSLA, which is supposed to represent the best of American automotive engineering. I don't think this is a fluke. While the two companies differ in their choice of catalysts, they still have the same headwinds. For example, millennials don't really care for car ownership. Second, geopolitical tensions and trade-related conflicts impose significant pain. Thus, one is doing okay while the other is floundering under the same circumstances.Furthermore, after recently looking into the details of EV ownership, I've come to this conclusion: pure EVs are rich people's toys. They're quirky, lose significant capacity under temperature extremes, and for Tesla, they're not very reliable. That really hurts because EVs, with fewer moving parts, should be inherently more reliable than internal-combustion powered vehicles.Now let's consider the implications for TM stock. For decades, Toyota has garnered worldwide accolade for reliability. In fact, many of their cars are what I would call stupid-reliable. Plus, Toyota has the luxury Lexus brand that appeals to the snob.So while autos generally aren't a great play, TM is one of the stocks to buy for the long haul. Boeing (BA)Source: Phillip Capper via FlickrIf you're judging Boeing (NYSE:BA) strictly on the headlines, it's almost impossible not to have serious doubts. When the first fatal accident involving a Boeing 737 Max occurred, the company enjoyed the benefit of the doubt. As a result, BA stock experienced a relatively quick recovery from the Lion Air incident.But when a 737 Max operated by Ethiopian Airlines tumbled out of the sky, we had a horrific pattern. With mounting evidence against Boeing, BA stock had nowhere to go but down. Understandably, shares still haven't recovered from its bearish trajectory because the optics remain terrible. For instance, Boeing's CEO recently admitted mistakes in communicating the company's onboard-safety system that's at the center of the debate.Sadly, that's just the human-tragedy element of this story. BA stock also faces a competitive threat from Airbus (OTCMKTS:EADSY). Airbus offers very similar products with one obvious advantage: their planes don't kill people.Yet I'd still put Boeing on my list of blue-chip stocks to buy. Of course, this is a riskier contrarian play. However, because the airplane-manufacturing industry is so massive, airliners can't just willy-nilly switch producers. Basically, they have to suck it up, which like it or not benefits BA. Aflac (AFL)Source: Shutterstock I've been around the block long enough to know that the best laid plans don't always go your way. That's the primary catalyst driving stocks to buy in the insurance industry. The biggest one on most people's minds is health insurance. But contrary to common assumptions, just having basic medical coverage won't protect you from financial catastrophe. That's where Aflac (NYSE:AFL) comes in.You probably know Aflac from their comical commercials featuring the talking duck. But AFL stock and its underlying entity does serious business, specializing in supplemental insurance. Their website gives a great explanation of one of their products, demonstrating that a broken leg averages costs over $7,100. Traditional health insurance may only cover 60% of that care, leaving you on the hook for nearly $2,900.For most families, they may not have that money laying around to pay off this unexpected bill. Aflac's supplemental coverage, though, would cover most of that cost, leaving only a minor net out-of-pocket expense.The best part about AFL stock is that it's not just about accident coverage; instead, Aflac offers solutions for multiple segments, including critical illnesses and short-term disabilities.And with the labor market having improved significantly over the years, people may want to protect what they've earned. That's why you shouldn't overlook Aflac when considering blue-chip stocks to buy.As of this writing, Josh Enomoto is long T stock. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post 7 Blue-Chip Stocks to Buy for a Noisy Market appeared first on InvestorPlace.

  • ConocoPhillips Agrees to Acquire Entire Stake in Nuna Field
    Zacks8 days ago

    ConocoPhillips Agrees to Acquire Entire Stake in Nuna Field

    Before taking the final investment decision, ConocoPhillips (COP) will assess the Nuna discovery.

  • Oil & Gas Journal9 days ago

    ConocoPhillips to acquire Nuna discovery acreage

    ConocoPhillips Alaska reported it will acquire 11 tracts covering 21,000 acres in the western Alaska North Slope, which includes the 2012 Nuna oil discovery, from Caelus Natural Resources Alaska. Nuna lies east of the Colville River and 5 miles southwest of Oooguruk oil field where, in January, Caelus agreed to sell a 70% interest to Eni.

  • Brent-WTI Spread’s Relationship with Energy Stocks
    Market Realist9 days ago

    Brent-WTI Spread’s Relationship with Energy Stocks

    The widening gap between Brent and WTI crude oil prices could benefit US crude oil exporters. Any rise in the spread could help mitigate transportation costs and increase profits.

  • Markit9 days ago

    See what the IHS Markit Score report has to say about ConocoPhillips.

    ConocoPhillips NYSE:COPView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for COP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting COP. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding COP are favorable, with net inflows of $8.49 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. COP credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GuruFocus.com10 days ago

    52-Week Company Lows

    Details the 52-week lows for the following companies: ConocoPhillips, Simon Property Group, State Street, Halliburton, Molson Coors and Marathon Oil

  • The Zacks Analyst Blog Highlights: Visa, Netflix, Accenture, ConocoPhillips and BlackRock
    Zacks13 days ago

    The Zacks Analyst Blog Highlights: Visa, Netflix, Accenture, ConocoPhillips and BlackRock

    The Zacks Analyst Blog Highlights: Visa, Netflix, Accenture, ConocoPhillips and BlackRock

  • Canadian Oil Growth at Risk of Being Stunted: Here's Why
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    Canadian Oil Growth at Risk of Being Stunted: Here's Why

    In spite of the rising global oil prices and Canada's vast endowments of oil and gas resources, the oil sector of the country is likely to bear the brunt of inefficient regulations and pipeline crisis.

  • ConocoPhillips (COP) Outpaces Stock Market Gains: What You Should Know
    Zacks14 days ago

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

    ConocoPhillips (COP) closed the most recent trading day at $59.06, moving +0.87% from the previous trading session.

  • Gasoline futures spike over 4% on Philadelphia refinery shutdown
    Yahoo Finance Video13 hours ago

    Gasoline futures spike over 4% on Philadelphia refinery shutdown

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  • Growing tensions with Iran send oil prices higher
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    Growing tensions with Iran send oil prices higher

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  • Iran threatens to breach limits of nuclear pact
    Yahoo Finance Video10 days ago

    Iran threatens to breach limits of nuclear pact

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