ConocoPhillips (COP) Stock Price, Fundamentals & Analysis

What COP does

ConocoPhillips (COP) explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates across five segments — Alaska, Lower 48, Canada, Europe, Middle East and North Africa, and Asia Pacific — and is part of the S&P 500. The company holds unconventional plays in North America, conventional assets across North America, Europe, Asia, and Australia, global LNG developments, oil sands assets in Canada, and a portfolio of worldwide exploration prospects.

Key numbers explained

• 128.09 USD is the current share price, the amount you would pay for one share right now.
• +2.25% is today's price change, showing how much the share has moved relative to the previous close.
• 153.88B USD is the market capitalisation, the total value of all outstanding shares.
• The trailing P/E ratio of 17 divides the current share price by the last 12 months of earnings per share (7.55 USD), showing how much investors pay for each dollar of recent earnings.
• The forward P/E ratio of 13.3 uses expected future earnings, which can be lower if the market expects growth.
• The dividend yield of 2.68% tells you the annual dividend as a percentage of the share price; the next ex-dividend date is 17 Aug 2026.
• 35.6% is the debt-to-equity ratio, measuring how much of the company's financing comes from debt versus shareholders' equity.
• 0.13 is the beta, indicating the stock's sensitivity to overall market moves — a low beta suggests lower volatility relative to the market.

Recent news

Headlines include a piece on whether EOG Resources is a buy given its shrinking share count, and a comparison of ExxonMobil and ConocoPhillips on which oil major's buybacks will have the bigger impact. Other stories cover the XLE ETF's heavy oil-and-gas tilt, Delta's purchase of an oil refinery to lock in fuel costs, and a -1.77% move in ConocoPhillips (COP) stock.

What to watch

Investors typically watch oil and gas prices, production volumes, and capital expenditure plans, as these directly affect revenue and margins. For ConocoPhillips (COP), the mix of conventional and unconventional assets across multiple regions can provide diversification, but also exposes it to different regulatory and currency environments. The upcoming earnings report on 5 Nov 2026 will be a key date for updated guidance. Peer companies like Baker Hughes (BKR), Occidental Petroleum (OXY), Valero Energy (VLO), and Marathon Petroleum (MPC) can provide useful context for sector trends.