ConocoPhillips Stock Forecast – Targets for 2023, 2025, 2028

ConocoPhillips stock forecast 2025 2028

ConocoPhillips is a USA-based multinational company engaged in marketing crude oil, bitumen and liquefied natural gas on a global basis. At present, the company has operations in fourteen countries of the world. It operates in countries such as Alaska, Asia Pacific, Canada, the Middle East, Europe and North Africa.

However, it was established in 2002 and is headquartered in Houston, United States. ConocoPhillips company is listed on the New York Stock Exchange and its share price is $110.57 as of February 2023, but it was $30.80 in 2020.

But, it may reach $140.50 at the end of 2023. The market cap of the company in February 2023 is $135.04 billion and currently, its share price is undervalued.

The company reported total revenue of $20,160 million, a net income of $4,520.7 million and a net profit margin of 20.98% in its quarterly financial report on Sep-22. And also the dividend yield is 4.84%. And also, the estimated share price targets for ConocoPhillips stock could be $205.30 to $225.50 in 2025 and $305.75 to $345.75 in 2028.

Therefore, with our research and forecasting methodology, we estimated the stock’s fair value and share price targets for the years 2023 to 2030. All this is based on our experience, research and forecasting system, which may differ from the actual price.

ConocoPhillips Stock Overview

The company has many employees, about 9,900 worldwide and produces 1.731 million barrels of crude oil equivalent per day. It has shown good financial performance and growth over the years.

Company NameConocoPhillips
IndustryOil & Gas
CountryUnited States
FoundedAugust 2022
Primary ExchangeNYSE
Market Cap.$135.04M
Volume1,989,325.00
Net Income $4,520.7M
Net Profit Margin20.98%
P/E Ratio7.54
Open (Feb-23)110.57
Low109.98
High111.69
Dividend Yield4.85%
Official Websitewww.conocophillips.com

ConocoPhillips has a history of paying dividends to its shareholders and the company’s current dividend yield is 1.8%, with an annual dividend yield of 2.04% and a P/E ratio of 7.47%.

ConocoPhillips Stock Fundamental Analysis

  • Market Capitalization: The market capitalization of ConocoPhillips of around $135.04 in February 2023.
  • Revenue: The company reported total revenue in 2022 of $18.7 billion, or $14.57 per share.
  • Net Income: In 2023, ConocoPhillips reported a net income is $ 1111.20.
  • Debt: ConocoPhillips’ long-term debt is $16.297B for the quarter ending December 31, 2022, a decline of 13.07% year-on-year.
  • Reserves: As of now, ConocoPhillips has proven reserves of 5 billion barrels of oil equivalent (BOE) and a large, diverse, low-cost supply resource base that provides the company with significant flexibility for future growth.
  • Productions: As per the official data, the company produces 1.731 million barrels of crude oil equivalent per day.

These figures are subject to change based on various factors such as market conditions, financial performance, industry trends, etc.

ConocoPhillips Stock History
5 Years Price History

ConocoPhillips Stock History (Last 5 Years)

Here is the history of ConocoPhillip’s stock price over the past five years:

YearMonthLowHigh
2018Feb53.7357.62
2018Oct65.0080.24
2019Feb68.3471.01
2019Oct52.3057.97
2020Feb45.1261.15
2020Oct27.5336.00
2021Feb39.7055.51
2021Oct68.3177.98
2022Feb85.2995.07
2022Oct106.53129.99

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Note: Readers are advised that the estimated target share price is based on our experience and technical analysis. The share price target can never be accurate, it is only an estimated value that may differ from the actual price at that time. Therefore, you are advised to do your own research and consult with your financial advisor.

ConocoPhillips Stock Forecast Targets for 2023

In 2023, an estimated target price for ConocoPhillips stock could be $110.50 to $125.50 at the start of the year. At the end of the year, the maximum share price can reach $130.00 to $140.50.

MonthLowHigh
Feb$95.50$115.80
Dec$130.00$145.50

ConocoPhillips Stock Forecast Targets for 2024

According to our research and predicted system, the minimum share price target of ConocoPhillips Stock will be $135.50 to $155.30 in 2024. At the end of the year, the maximum price of the share can reach $158.40 to $169.50.

MonthLowHigh
Feb$135.50$155.30
Dec$158.40$169.50

ConocoPhillips Stock Forecast Targets for 2025

In 2025, according to our research and expert opinion, the minimum share price target of ConocoPhillips Stock will be $185.50 to $205. 30. At the end of the year, the maximum price of the share can reach $205.40 to $225.50.

MonthLowHigh
Feb$185.50$205.30
Dec$205.40$225.50

ConocoPhillips Stock Forecast Targets for 2028

According to our depth research and forecast system, the minimum share price target of ConocoPhillips Stock will be $275.60 to $300.90 in 2028. At the end of the year, the maximum price of the share can reach $305.40 to $345.50.

MonthLowHigh
Feb$275.50$300.90
Dec$305.40$345.50
Risk Factors

There are many risks to COP’s financial health and growth prospects because it is a highly competitive industry. And the market is always at risk of being disrupted by new entrants. And also, the Company’s financial performance may be affected by economic conditions, government regulatory changes or other factors.

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FAQs
Q: How can I obtain the ConocoPhillips Financial Annual Report?

A: The Annual Report is available online in PDF through its website.

Q: What is the stock price prediction for ConocoPhillips?

A: The stock price forecast for ConocoPhillips is $185.50 to $225.50 for 2025 and $275.50 to $345.50 for 2028.

Q: Is ConocoPhillips a good stock to buy?

A: ConocoPhillips’ valuations are undervalued and its value score indicates that it would be a good pick for investors.

Disclaimer

All the share/stock price predictions/targets/forecasts on our website (bankshala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice, legal advice or any other kind of advice for your investments. Before investing in any company you should do your own research and analyze it properly. Trading is an uncertain business, please consult your financial advisor before taking any decision.

About Bankshala team

We are a dedicated professional team, working closely with each other to provide quality content in the banking and finance sectors. Some editors have been investing in the stock market for almost 15 years and have a lot of experience.

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