ConocoPhillips (COP) Stock Price & Analysis
ConocoPhillips (COP) is trading at USD 152.53, up 4.74% today, as of October 23, 2026 at 15:42 UTC (US market open; quotes may be delayed), according to Nexqual market data.
COP last closed at USD 145.63; today's session has ranged USD 146.11–152.77 on volume of 2,911,710 shares. Market capitalization is $183.24B, with a 52-week range of USD 85.57–152.77 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 15:42 UTC.
Also available as compact Markdown for AI agents: nexqual.com/COP.md
Key facts (COP)
- Last four reported quarters (through Jun 30, 2026): revenue $63.3B, net income $9.28B (14.7% margin) (SEC filings).
- Valuation: P/E 19.7x (avg 13.4x at the last 3 fiscal year-ends), net debt $15.6B.
- 7 of 80 tracked superinvestors hold COP (13F, Q2 2026): 0 new, 3 added, 4 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $3.5M; 3 not under a Rule 10b5-1 plan ($3.5M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.18 on a 1–5 scale) (28 analysts), mean target USD 151.27 (range 126–189).
- Total return with dividends: 1Y +74.7% vs S&P 500 +14.8%; 5Y +143.0% vs S&P 500 +77.6%.
- Next earnings: 2026-11-05, EPS estimate USD 3.05, revenue estimate $18.9B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (COP)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $45.8B | $78.5B | $56.1B | $54.7B | $58.9B | $63.3B |
| Gross profit | $27.7B | $44.5B | $34.2B | $34.7B | $36.6B | — |
| Net income | $8.08B | $18.7B | $11.0B | $9.24B | $7.99B | $9.28B |
| EPS (diluted) | $6.07 | $14.57 | $9.06 | $7.81 | $6.35 | — |
| Free cash flow | $11.7B | $18.2B | — | — | — | — |
| Gross margin | 60.4% | 56.7% | 60.9% | 63.4% | 62.1% | — |
| Net margin | 17.6% | 23.8% | 19.5% | 16.9% | 13.6% | 14.7% |
| Revenue growth | +144.0% | +71.3% | -28.5% | -2.5% | +7.7% | — |
| Cash + short-term investments | — | $9.24B | $6.61B | $6.11B | $6.98B | — |
| Total debt | $19.9B | $16.6B | $18.9B | $24.3B | $23.4B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (COP)
P/E 19.7x · P/S 2.9x · EV/Sales 3.1x · P/B 2.8x · Earnings yield 5.07% · Dividend yield (paid, TTM) 2.22% · Buyback yield (TTM) 2.89% · Net debt $15.6B · EV $199B
P/E at fiscal year-ends: Dec 2025 14.7x, Dec 2024 12.7x, Dec 2023 12.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (COP)
7 of 80 tracked investors hold COP. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Bill Nygren | Oakmark Funds | 2.10% | $1.58B | Reduced -12.9% |
| Yacktman Asset Management | 2.06% | $167M | Added +1.6% | |
| Christopher Davis | Davis Advisors | 0.84% | $195M | Added +0.1% |
| Van Den Berg Management I | 0.54% | $2.6M | Reduced -40.7% | |
| Dodge & Cox Funds | Dodge & Cox | 0.50% | $963M | Reduced -3.9% |
| Tweedy Browne | 0.25% | $3.3M | Added +4.7% | |
| Mairs & Power | Mairs & Power Funds | 0.02% | $2.7M | Reduced -0.7% |
Insider sales (SEC Form 4, open-market, last ~7 months) (COP)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-21 | Lundquist Andrew D | Senior Vice President | 9,487 | $1.3M | 49.7% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-08-20 | Rose Kelly Brunetti | SVP & General Counsel | 15,000 | $2.0M | 59.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-10 | Mulligan Sharmila | Director | 1,974 | $235K | 100% | No | Too little history (no open-market trades in 2024 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (COP)
Consensus Buy (mean 2.18 on a 1–5 scale), 28 analysts; mean target USD 151.27 (low 126, high 189).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Susquehanna | Target raised | Positive | $161 → $175 |
| 2026-10-15 | Morgan Stanley | Target raised | Overweight | $151 → $159 |
| 2026-10-07 | Jefferies | Target raised | Buy | $159 → $174 |
| 2026-10-07 | Truist Securities | Target raised | Hold | $130 → $136 |
| 2026-09-14 | UBS | Target raised | Buy | $153 → $169 |
| 2026-09-03 | Seaport Global | Initiated | Neutral | |
| 2026-08-19 | Morgan Stanley | Target raised | Overweight | $147 → $151 |
| 2026-08-19 | Argus Research | Target raised | Buy | $136 → $153 |
| 2026-08-17 | Barclays | Target lowered | Overweight | $155 → $150 |
| 2026-08-12 | UBS | Target raised | Buy | $143 → $153 |
| 2026-08-11 | Susquehanna | Target raised | Positive | $155 → $161 |
| 2026-08-10 | Truist Securities | Target raised | Hold | $115 → $130 |
Total return (dividends reinvested) (COP)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +74.7% | +143.0% |
| S&P 500 (SPY) | +14.8% | +77.6% |
| Per year | +74.7% | +19.5% |
| Volatility (annualized) | 31.0% | 33.9% |
| Max drawdown | -22.3% (Mar 2026→Jul 2026) | -33.8% (Apr 2024→May 2025) |
COP revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Total Segments | $19.78B | 103.2% | +36.5% |
| — Lower 48 (part of Total Segments) | $13.03B | 68.0% | +30.8% |
| — EMENA (part of Total Segments) | $2.28B | 11.9% | +62.6% |
| — Canada Operating (part of Total Segments) | $1.93B | 10.0% | +44.3% |
| — Alaska (part of Total Segments) | $1.87B | 9.8% | +42.4% |
| — Asia Pacific Operating (part of Total Segments) | $674.0M | 3.5% | +43.1% |
| Corporate | $6.0M | 0.0% | -14.3% |
| Total revenue | $19.16B | 100% | — |
COP revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.S. | $14.85B | 77.5% | +33.3% |
| International | $4.31B | 22.5% | +50.3% |
| Total revenue | $19.16B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
COP suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Venezuela | “•The ability of our customers and other contractual counterparties to satisfy their obligations to us, including our ability to collect payments when due from the government of Venezuela or PDVSA.” |
| Partner | Chevron (CVX) | “We own a 52.2 percent interest in the Alba Plant LLC, our joint venture with Chevron Corporation (27.8 percent) and Sociedad Nacional de Gas de Guinea Ecuatorial (SONAGAS) (20 percent), which operates an onshore liquified petroleum gas (LPG) processing plant.” |
| Partner | Australia Pacific LNG Pty | “Australia Pacific LNG Pty Ltd. (APLNG), our joint venture with Origin Energy Limited (Origin) and China Petrochemical Corporation (Sinopec), is focused on producing CBM from the Bowen and Surat basins in Queensland, Australia, to supply the domestic gas market and convert the CBM into LNG for export.” |
| Partner | QatarEnergy LNG | “We have a 25 percent interest in both QatarEnergy LNG NFE (4) (NFE4) and QatarEnergy LNG NFS (3) (NFS3) joint ventures, which are participating in the North Field East (NFE) and North Field South (NFS) LNG projects, respectively.” |
| Partner | National Oil | “In January 2026, we signed an agreement with the Libyan Ministry of Oil and Gas and the National Oil Corporation of Libya to extend the Waha Concession up to December 31, 2050, with new fiscal terms, subject to normal regulatory approvals.” |
| Partner | Alba Plant | “We own a 52.2 percent interest in the Alba Plant LLC, our joint venture with Chevron Corporation (27.8 percent) and Sociedad Nacional de Gas de Guinea Ecuatorial (SONAGAS) (20 percent), which operates an onshore liquified petroleum gas (LPG) processing plant.” |
| Partner | Marubeni Gas Development UK | “We own a 56 percent interest in EG LNG, our joint venture with SONAGAS (37.9 percent) and Marubeni Gas Development UK Limited (6.1 percent), which operates a 3.7 MTPA LNG production facility.” |
| Partner | Atlantic Methanol Production Company | “We own a 45 percent interest in Atlantic Methanol Production Company LLC (AMPCO), our joint venture with Chevron Corporation (45 percent) and SONAGAS (10 percent), which operates a methanol plant.” |
| Partner | Origin Energy | “Australia Pacific LNG Pty Ltd. (APLNG), our joint venture with Origin Energy Limited (Origin) and China Petrochemical Corporation (Sinopec), is focused on producing CBM from the Bowen and Surat basins in Queensland, Australia, to supply the domestic gas market and convert the CBM into LNG for export.” |
| Partner | China Petrochemical | “Australia Pacific LNG Pty Ltd. (APLNG), our joint venture with Origin Energy Limited (Origin) and China Petrochemical Corporation (Sinopec), is focused on producing CBM from the Bowen and Surat basins in Queensland, Australia, to supply the domestic gas market and convert the CBM into LNG for export.” |
Quoted from the company's 10-K filed Feb 17, 2026.
COP customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 10% of revenue, per the company's 10-K filed Feb 17, 2026. The company does not name it.
COP company outlook (results filed Aug 6, 2026)
- “Third-quarter 2026 production is expected to be 2.29 to 2.32 million barrels of oil equivalent per day.”
Quoted word-for-word from the SEC 8-K results press release.
COP analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.05 | $2.39 | +27.4% | $18.94B | 25 |
| Next quarter (ends Dec 2026) | $3.33 | $2.32 | +43.8% | $19.18B | 24 |
| Current fiscal year (ends Dec 2026) | $11.40 | $9.50 | +20.1% | $73.57B | 26 |
| Next fiscal year (ends Dec 2027) | $10.77 | $8.94 | +20.5% | $69.45B | 26 |
COP options: expected move
Options price a move of about ±6.7% (±$10.15) by Nov 6, 2026, which includes earnings on Nov 5, 2026; the earnings reaction alone is priced at about ±3.3%. Over the last 8 reports the stock moved ±1.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 38.3% | ±4.3% |
| Nov 6, 2026 | 14 | 42.3% | ±6.7% |
| Nov 13, 2026 | 21 | 38.0% | ±7.3% |
| Nov 20, 2026 | 28 | 36.9% | ±8.3% |
| Nov 27, 2026 | 35 | 33.7% | ±8.4% |
| Dec 4, 2026 | 42 | 32.7% | ±8.9% |
| Dec 18, 2026 | 56 | 34.8% | ±10.8% |
| Jan 15, 2027 | 84 | 33.8% | ±12.9% |
30-day implied volatility 36% vs 34.3% realized over the last 30 trading days. Put/call ratio (volume) 0.43. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 15:42 UTC)
| Price | USD 152.53 |
|---|---|
| Change | ▲ 4.74% (up) |
| Previous Close | USD 145.63 |
| Open | USD 147.11 |
| Day Range | USD 146.11 – 152.77 |
| 52-Week Range | USD 85.57 – 152.77 |
| Volume | 2,911,710 shares |
| Market Cap | $183.24B |
| Exchange | NYQ |
Technical Analysis (COP)
Nexqual's technical model rates COP "BUY" based on 5 bullish and 2 bearish signals across 128 daily candles, as of October 23, 2026 at 15:42 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 75.55 (overbought) |
| vs SMA50 | Above (USD 134.11) |
| MACD | 4.91 (positive) |
Analyst Ratings (COP)
Wall Street analysts rate COP "Buy" based on 28 analysts, with a mean price target of USD 151.27 (range USD 126–189), per Nexqual as of October 23, 2026 at 15:42 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 28 |
| Mean Target | USD 151.27 |
| High Target | USD 189 |
| Low Target | USD 126 |
| Buy / Hold / Sell | 19 / 9 / 0 |
Earnings (COP)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 3.05 |
| Revenue Estimate | $18.94B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.24 vs est 2.93 ▲ beat |
| 2026-03-31 | USD 1.89 vs est 1.72 ▲ beat |
| 2025-12-31 | USD 1.02 vs est 1.1 ▼ miss |
| 2025-09-30 | USD 1.61 vs est 1.41 ▲ beat |
Source: Nexqual, October 23, 2026 at 15:42 UTC.
Financials & Fundamentals (COP)
| Total Revenue | $64.46B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +35.50% |
| Gross Margin | +47.57% |
| Operating Margin | +31.51% |
| Profit Margin | +14.40% |
| ROE | +14.18% |
| Debt / Equity | 0.36 |
| Current Ratio | 1.54 |
| Total Cash | $7.69B |
| Total Debt | $23.29B |
Source: Nexqual, October 23, 2026 at 15:42 UTC.
Financial Health Score (COP)
Nexqual rates ConocoPhillips's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 15:42 UTC.
| Growth | Solid — Revenue +8% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 48%, operating 32% (last 12 months) |
| Balance Sheet | Solid — $7.69B cash and investments vs $23.3B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $19.8B (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 14%, ROA 7.5% |
Ownership (COP)
| Insider Ownership | +0.10% |
|---|---|
| Institutional Ownership | +87.08% |
| Shares Outstanding | 1.20B |
| Float | 1.20B |
| Short % of Float | +1.28% |
Source: Nexqual, October 23, 2026 at 15:42 UTC.
Leadership (COP)
ConocoPhillips is led by Andrew M. O'Brien, President, CEO & Director, per Nexqual as of October 23, 2026 at 15:42 UTC.
| President, CEO & Director | Andrew M. O'Brien |
|---|---|
| Executive Vice President of Global Operations & Technical Functions | Kirk L. Johnson |
| Executive Vice President of Lower 48 & Global HSE | Nicholas G. Olds |
| Senior VP of Digital and Transformation & CFO | Kontessa S. Haynes-Welsh |
| Vice President of Investor Relations | Guy Allen Baber IV |
Major Backers & Investors (COP)
Notable institutional backers of ConocoPhillips include Price (T.Rowe) Associates Inc, Charles Schwab Investment Management, Inc., JPMorgan, according to Nexqual as of October 23, 2026 at 15:42 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 3.73% |
| Charles Schwab Investment Management, Inc. | 3.45% |
| JPMorgan | 3.17% |
| Charles Schwab | 2.44% |
| Capital International Investors | 2.41% |
| FMR, LLC | 2.39% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 9% |
| BlackRock | 7.82% |
| State Street | 5.48% |
| Geode Capital | 2.39% |
Source: Nexqual, October 23, 2026 at 15:42 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CNQ | Canadian Natural Resources Limi | USD 55.42 | ▲ 2.78% |
| EOG | EOG Resources, Inc. | USD 164.95 | ▲ 4.43% |
| OXY | Occidental Petroleum Corporatio | USD 64.81 | ▲ 3.7% |
| FANG | Diamondback Energy, Inc. | USD 206.52 | ▲ 4.76% |
| DVN | Devon Energy Corporation | USD 51.46 | ▲ 4.63% |
| EQT | EQT Corporation | USD 55.98 | ▲ 2.4% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 15:42 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt