ConocoPhillips (COP) AI Stock Analysis

ConocoPhillips is an exploration and production energy company headquartered in Houston, Texas. Founded in 1917, the firm engages in the exploration, production, transportation, and marketing of crude oil, bitumen, natural gas, LNG, and natural gas liquids. Its asset portfolio spans North America, Europe, Asia, and Australia, encompassing conventional and tight oil reservoirs, shale gas, heavy oil, and oil sands assets in Canada. The company also invests in global LNG developments and employs 9,600 people to advance exploration and production operations.

ConocoPhillips grew revenue at a 5-year CAGR of 25.7% from FY2020 through FY2025. Annual revenue expanded to $78.49B in FY2022 before dropping 28.5% to $56.14B in FY2023 and 2.5% to $54.74B in FY2024. In FY2025, revenue rebounded 7.7% to $58.94B, though net margin compressed to 13.6% from 23.8% in FY2022, yielding net income of $7.99B and EPS of $6.14. Growth accelerated in the latest quarter ending June 30, 2026, where quarterly revenue rose 35.5% year-over-year and quarterly earnings grew 107.0%, bringing trailing twelve month EPS to $7.55.

As of June 30, 2026, ConocoPhillips maintained $7.69B in cash and short-term investments against total debt of $23.29B, resulting in net debt of $15.60B. The company recorded shareholders' equity of $65.35B and total assets of $124.26B, yielding a debt-to-equity ratio of 0.36 and a current ratio of 1.54. In FY2025, operating cash flow reached $19.80B and free cash flow stood at $7.24B. Cash uses in FY2025 included $12.55B in capital expenditures, $5.12B in share buybacks, and $4.00B in dividends paid, contributing to an 8.1% share count reduction over five years.

Trading at a last close of $146.51, ConocoPhillips holds a trailing P/E of 19.4x, above the 17.8x median of its S&P 500 Energy peers. Its forward P/E of 12.7x and EV/EBITDA of 6.1x sit below the peer group medians of 14.3x and 8.4x, respectively. The stock's price-to-sales multiple is 2.7x, compared to the peer median of 2.1x. Over the past year, COP posted a 73.9% return, outperforming the S&P 500's 16.8% gain, while its 5-year return of 134.5% exceeded the benchmark's 83.0% advance.

ConocoPhillips pays a quarterly dividend with an annualized forward payout of $3.36 per share, representing a 2.29% dividend yield and a payout ratio of 43.3%. The company has paid dividends for 45 consecutive years and achieved a 5-year annualized dividend growth rate of 13.5%. Its last ex-dividend date occurred on August 17, 2026.

Wall Street coverage includes 15 Strong Buy, 4 Buy, and 9 Hold ratings, with zero Sell or Strong Sell recommendations. The mean price target of $149.15 represents a 1.8% premium to the last close of $146.51. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $71.02B and EPS of $11.25, representing 82.6% earnings growth. For the next fiscal year, 26 analysts project revenue to fall 5.3% to $67.24B and EPS to decline 6.5% to $10.52. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 5, 2026.

This page is an AI-written research summary of ConocoPhillips (COP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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