ConocoPhillips (COP)

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific. 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. It serves in the United States, Canada, China, Equatorial Guinea, Libya, Malaysia, Norway, Singapore, the United Kingdom, and internationally. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

Symbol: COP
Exchange: NYSE
Sector: Energy
Industry: Oil & Gas E&P
Market cap: $152.44B
52 week range: 85.57 - 141.62

Valuation

Share price: $127.06 (close of 2026-10-01)
P/E (TTM): 16.74x
Price to book: 2.33x
Price to free cash flow: 6.95x
Enterprise value: $168.04B
Book value per share: $54.40

Price performance

Period	Change
1 day	+1.53%
5 days	-1.76%
1 month	-6.70%
3 months	+23.10%
6 months	-1.03%
Year to date	+35.73%
1 year	+33.10%
3 years	+6.06%
5 years	+81.26%
10 years	+192.29%
All time	+2367.18%

Members of Congress who disclosed COP trades

Julie Johnson · Gilbert Ray Cisneros · Jefferson Shreve · Lisa McClain · Markwayne Mullin · Robert Bresnahan · Bruce Westerman · Val Hoyle · Dan Newhouse · Josh Gottheimer

Super investors holding COP

Bill Nygren (Harris Associates LP) · Yacktman Asset Mgmt (Yacktman Asset Management LP)

Profitability and growth

Return on equity: 12.39%
Return on assets: 6.55%
Gross margin: 56.92%
Net margin: 15.41%
EBITDA margin: 48.26%
Revenue growth: 4.87%
Net income growth: -13.60%
Free cash flow growth: -1.63%

Cash flow and balance sheet

Free cash flow yield (TTM): 14.38%
Current ratio: 1.54x
Net debt to EBITDA: 0.56x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $51.82B
Cost of revenue: $22.32B
Gross profit: $29.50B
EBITDA: $25.01B
Net income: $7.99B
Earnings per share: $6.36
Research and development: $78.00M
Interest expense: $855.00M
Shares outstanding: 1.25B

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$51.82B	$29.50B	$7.99B	$6.36
2024-12-31	$49.42B	$29.41B	$9.24B	$7.82
2023-12-31	$48.52B	$26.55B	$10.96B	$9.08
2022-12-31	$61.05B	$27.08B	$18.68B	$14.62
2021-12-31	$34.59B	$16.43B	$8.08B	$6.09
2020-12-31	$13.66B	$5.58B	-$2.70B	$-2.51
2019-12-31	$32.57B	$20.73B	$7.19B	$6.43
2018-12-31	$36.42B	$22.12B	$6.26B	$5.36
2017-12-31	$29.11B	$16.63B	-$855.00M	$-0.70
2016-12-31	$23.69B	$13.70B	-$3.62B	$-2.91

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity
2025-12-31	56.92%	15.41%	12.39%
2024-12-31	59.50%	18.71%	14.27%
2023-12-31	54.71%	22.58%	22.23%
2022-12-31	44.35%	30.60%	38.91%
2021-12-31	47.51%	23.36%	17.79%
2020-12-31	40.87%	-19.77%	-9.05%
2019-12-31	63.64%	22.07%	20.51%
2018-12-31	60.75%	17.18%	19.51%
2017-12-31	57.14%	-2.94%	-2.78%
2016-12-31	57.82%	-15.26%	-10.26%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$6.98B	-
2024-12-31	$6.11B	-
2023-12-31	$6.61B	-
2022-12-31	$9.24B	-
2021-12-31	$5.03B	-
2020-12-31	$6.60B	-
2019-12-31	$8.12B	-
2018-12-31	$6.16B	$16.15B
2017-12-31	$8.20B	$22.43B
2016-12-31	$3.66B	-

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$19.80B	$336.00M
2024-12-31	$20.12B	$268.00M
2023-12-31	$19.96B	$334.00M
2022-12-31	$18.16B	$377.00M
2021-12-31	$11.67B	$304.00M
2020-12-31	$87.00M	$159.00M
2019-12-31	$4.47B	$274.00M
2018-12-31	$6.18B	$265.00M
2017-12-31	$2.49B	$227.00M
2016-12-31	-$466.00M	$272.00M