Skip to Content

ConocoPhillips COP

Morningstar Rating
$118.19 −2.22 (1.84%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

COP is trading at a 482% premium.
Price
$120.41
Fair Value
$391.00
Uncertainty
High
1-Star Price
$886.40
5-Star Price
$81.80
Economic Moat
Xcjrjv
Capital Allocation
Ybjdrmfrb

Bulls Say, Bears Say

Bulls

A large position in the Permian offers low-cost liquids growth with wider margins, lower risk, and higher returns than international operations.

Bears

Conoco is investing to reduce emissions, but not to diversify its business away from hydrocarbons, potentially risking future value destruction if demand declines faster than expected.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if COP is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$120.41
Day Range
$117.39119.72
52-Week Range
$98.38135.18
Bid/Ask
$116.26 / $118.25
Market Cap
$138.23 Bil
Volume/Avg
4.5 Mil / 5.1 Mil

Key Statistics

Price/Earnings (Normalized)
14.34
Price/Sales
2.62
Dividend Yield (Trailing)
2.69%
Dividend Yield (Forward)
2.69%
Total Yield
6.28%

Company Profile

ConocoPhillips is a US-based independent exploration and production firm. In 2023, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2023 were 6.8 billion barrels of oil equivalent.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Large Value
Total Number of Employees
10,000

Competitors

Valuation

Metric
COP
OXY
MRO
Price/Earnings (Normalized)
14.3419.589.39
Price/Book Value
2.872.491.34
Price/Sales
2.622.242.45
Price/Cash Flow
6.965.533.81
Price/Earnings
COP
OXY
MRO

Financial Strength

Metric
COP
OXY
MRO
Quick Ratio
1.210.520.33
Current Ratio
1.430.950.40
Interest Coverage
15.946.616.55
Quick Ratio
COP
OXY
MRO

Profitability

Metric
COP
OXY
MRO
Return on Assets (Normalized)
10.84%4.28%7.49%
Return on Equity (Normalized)
20.91%14.61%13.20%
Return on Invested Capital (Normalized)
15.96%7.35%10.33%
Return on Assets
COP
OXY
MRO
See how this stock stacks up to its competitors with Morningstar Investor

Oil & Gas E&P Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
EOG
EOG Resources IncMnvbkmtmlGkbhdw$74.7 Bil
OXY
Occidental Petroleum CorpKfxpvmxTjmh$56.2 Bil
HES
Hess CorpVqvmlbmwqwXzvtbn$48.0 Bil
FANG
Diamondback Energy IncBybjkdhlqHnlsl$35.1 Bil
DVN
Devon Energy CorpPqzgrvbwrfBdlywfx$31.4 Bil
MRO
Marathon Oil CorpKqgygsvPtmw$14.9 Bil
APA
APA CorpCyqjfzvCdczs$11.4 Bil
AR
Antero Resources CorpWxvynthLxd$10.7 Bil
RRC
Range Resources CorpWksyvskKntdc$9.4 Bil

Sponsor Center