Conocophillips (COP) AI Stock Analysis

• Market Cap: $119.93B
• Dividend Yield: 3.28%
• Average Volume (3M): 8.22M
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.68
• Revenue Growth: 4.01%
• EPS Growth: -10.91%
• Country: US
• Employees: 11,800
• Sector: Energy
• Sector Strength: 68
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 2.09
• Shares Outstanding: 1,262,410,000
• 10 Day Avg. Volume: 8,204,918
• 30 Day Avg. Volume: 8,222,811
• PEG Ratio: 0.06
• Price to Book (P/B): 3.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.28
• Enterprise Value/Market Cap: 1.34
• Enterprise Value/Revenue: 0.71
• Enterprise Value/Gross Profit: 6.84
• Enterprise Value/Ebitda: 1.59
• 1Y Price Target: $113.50
• Price Target Upside: 18.85% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 18

• Rating: 78 Outperform
• Price Target: $104.00 ▲(8.90%Upside)

ConocoPhillips' strong financial performance and strategic cost management drive a robust stock score. The attractive valuation and resilient operational execution further support the score, despite mixed technical signals and macroeconomic challenges.

Positive Factors

Acquisitions

The Marathon acquisition is seen as accretive to optimizing the returns and extending the life of asset positions in Eagle Ford and Bakken shales, driving down costs and optimizing capital.

Financial Performance

COP reported solid 1Q results, with adjusted EPS exceeding expectations, driven by strong price realizations and total production surpassing consensus estimates.

Shareholder Returns

ConocoPhillips is committed to delivering even higher shareholder returns of USD10bn.

Negative Factors

Commodity Prices

Management indicated a potential slowdown in share buybacks due to declining commodity prices, which may impact returns to shareholders in the upcoming period.

Macro Risks

ConocoPhillips is exposed to significant macroeconomic risks as earnings depend on the price volatility of crude oil and natural gas.

Market Perception

The market has been slow to embrace the Marathon acquisition, perhaps deeming mature asset M&A as unexciting.

Conocophillips Business Overview & Revenue Model

Company Description

ConocoPhillips is a leading global energy company engaged in the exploration, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. Operating across various sectors within the energy industry, ConocoPhillips focuses on the efficient and safe extraction of energy resources, utilizing advanced technologies and sustainable practices. The company's core products and services are centered around the upstream segment of the oil and gas industry, with a significant presence in key regions such as North America, Europe, Asia, and Australia.

How the Company Makes Money

ConocoPhillips generates revenue primarily through the exploration and production of crude oil, natural gas, and natural gas liquids. As an upstream company, it focuses on finding and extracting these resources from the ground, subsequently selling them to refineries and other buyers in the energy market. The company's key revenue streams include the sale of crude oil, natural gas, and liquefied natural gas (LNG) at market prices, which can fluctuate based on global supply and demand dynamics. Additionally, ConocoPhillips leverages strategic partnerships and joint ventures to enhance its exploration and production capabilities, optimize costs, and gain access to new resources and markets. Factors such as commodity prices, operational efficiency, and geopolitical developments significantly impact the company's earnings.

Conocophillips Financial Statement Overview

Summary

ConocoPhillips displays strong financial health with consistent revenue growth, robust profit margins, and efficient cash flow management. The balance sheet is solid with moderate leverage, supporting its growth potential in the volatile oil and gas industry.

Income Statement

ConocoPhillips shows strong financial performance with a consistent revenue growth trend from $45.83B in 2021 to $58.53B in TTM (Trailing-Twelve-Months) 2025. The Gross Profit Margin is robust at 40.1% TTM, and the Net Profit Margin is impressive at 16.3% TTM. EBIT and EBITDA margins are also strong at 36.6% and 43.6% respectively, indicating efficient operational management. Although there was a slight revenue decline in 2023, the overall trajectory remains positive.

Balance Sheet

The balance sheet reflects a healthy financial position with a Debt-to-Equity ratio of 0.36 TTM, demonstrating moderate leverage. The Return on Equity stands at 14.6% TTM, indicating good profitability on shareholders' investments. The Equity Ratio is solid at 52.5% TTM, showing a stable capital structure. However, a consistent increase in total assets is slightly offset by increasing liabilities.

Cash Flow

ConocoPhillips exhibits strong cash flow generation with a Free Cash Flow of $12.05B TTM, a significant increase from $8.01B in 2024. The Operating Cash Flow to Net Income ratio is 2.23 TTM, suggesting efficient cash utilization. However, there is a need to monitor capital expenditures, which have fluctuated significantly over the periods.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
58.53B	54.74B	57.86B	78.49B	45.83B	18.78B
	Gross Profit
23.47B	16.38B	28.19B	30.01B	14.77B	841.00M
	EBIT
21.43B	12.78B	27.04B	28.09B	14.00B	-1.89B
	EBITDA
25.52B	24.38B	25.78B	37.13B	21.09B	4.52B
	Net Income Common Stockholders
9.54B	9.24B	10.96B	18.68B	8.08B	-2.65B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.24B	6.11B	6.61B	9.24B	6.59B	7.86B
	Total Assets
124.25B	122.78B	95.92B	93.83B	90.66B	62.62B
	Total Debt
23.78B	24.32B	19.63B	16.64B	19.93B	15.37B
	Net Debt
17.48B	18.72B	14.00B	10.19B	14.91B	12.38B
	Total Liabilities
59.02B	57.98B	46.65B	45.83B	45.26B	32.77B
	Stockholders Equity
65.24B	64.80B	49.28B	48.00B	45.41B	29.85B
Cash Flow		Free Cash Flow
12.05B	8.01B	8.72B	18.16B	11.67B	87.00M
	Operating Cash Flow
21.25B	20.12B	19.96B	28.31B	17.00B	4.80B
	Investing Cash Flow
-8.18B	-11.15B	-12.00B	-8.74B	-8.54B	-4.12B
	Financing Cash Flow
-9.15B	-8.84B	-8.66B	-18.05B	-6.33B	-2.71B

Conocophillips Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 95.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For COP, the sentiment is Positive. The current price of 95.5 is above the 20-day moving average (MA) of 88.86, above the 50-day MA of 88.68, and below the 200-day MA of 98.50, indicating a neutral trend. The MACD of 1.57 indicates Negative momentum. The RSI at 63.49 is Neutral, neither overbought nor oversold. The STOCH value of 81.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for COP.

Conocophillips Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EOG	82 Outperform	$67.23B	11.43	20.90%	3.17%	-0.23%	-14.82%
COP	78 Outperform	$119.93B	12.06	16.61%	3.28%	4.01%	-10.91%
FANG	78 Outperform	$44.13B	9.24	14.26%	2.65%	47.89%	-7.87%
HES	77 Outperform	$43.84B	19.63	20.82%	1.41%	8.08%	10.59%
OXY	76 Outperform	$44.61B	18.35	9.43%	2.12%	1.35%	-33.30%
DVN	73 Outperform	$22.23B	7.88	20.88%	2.77%	12.06%	-16.37%
Sector *	58 Neutral	$7.53B	3.34	-4.45%	10.13%	0.83%	-49.64%

Conocophillips Corporate Events

ConocoPhillips Annual Meeting Elects Directors, Approves Auditor

On May 13, 2025, ConocoPhillips held its annual stockholders meeting, where all 12 nominated directors were elected for a one-year term, and Ernst & Young LLP was ratified as the independent auditor for 2025. The advisory vote on executive compensation was approved, but a proposal to eliminate supermajority voting provisions and a stockholder proposal to remove emissions reduction targets were not passed.

The most recent analyst rating on (COP) stock is a Buy with a $151.00 price target. To see the full list of analyst forecasts on Conocophillips stock, see the COP Stock Forecast page.