ConocoPhillips (COP) Expected to Announce Quarterly Earnings on Thursday

ConocoPhillips (NYSE:COP) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect ConocoPhillips to post earnings of $2.03 per share and revenue of $15.74 billion for the quarter.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings results on Thursday, February 6th. The energy producer reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.20. ConocoPhillips had a return on equity of 17.26% and a net margin of 16.23%. On average, analysts expect ConocoPhillips to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

ConocoPhillips Trading Down 4.2 %

NYSE:COP opened at $87.61 on Tuesday. The company has a market capitalization of $110.75 billion, a P/E ratio of 11.25, a P/E/G ratio of 0.79 and a beta of 0.64. The stock’s 50 day moving average price is $93.61 and its 200 day moving average price is $99.83. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.14 and a current ratio of 1.29. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $125.22.

ConocoPhillips Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were paid a dividend of $0.78 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $3.12 annualized dividend and a dividend yield of 3.56%. ConocoPhillips’s dividend payout ratio (DPR) is 40.05%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. TD Cowen began coverage on shares of ConocoPhillips in a report on Friday, January 17th. They issued a “buy” rating and a $125.00 price objective for the company. Bank of America downgraded ConocoPhillips from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $138.00 to $107.00 in a research note on Tuesday, April 29th. Susquehanna set a $136.00 price objective on ConocoPhillips in a research note on Tuesday, April 22nd. Truist Financial upped their target price on ConocoPhillips from $138.00 to $139.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Finally, Wells Fargo & Company dropped their price target on shares of ConocoPhillips from $131.00 to $116.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 15th. Three investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $124.79.

ConocoPhillips Company Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.