Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $46.82 USD
Change Today +0.95 / 2.07%
Volume 14.9M
COP On Other Exchanges
Symbol
Exchange
New York
Frankfurt
Mexico
Sao Paulo
As of 4:15 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

conocophillips (COP) Snapshot

Open
$45.56
Previous Close
$45.87
Day High
$48.00
Day Low
$45.56
52 Week High
09/3/14 - $81.37
52 Week Low
08/24/15 - $41.10
Market Cap
57.8B
Average Volume 10 Days
13.6M
EPS TTM
$1.76
Shares Outstanding
1.2B
EX-Date
07/23/15
P/E TM
26.6x
Dividend
$2.96
Dividend Yield
6.26%
Current Stock Chart for CONOCOPHILLIPS (COP)

conocophillips (COP) Related Businessweek News

View More BusinessWeek News

conocophillips (COP) Details

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio includes shale and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

18,100 Employees
Last Reported Date: 08/4/15
Founded in 1917

conocophillips (COP) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.7M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $888.0K
Executive Vice President of Exploration & Pro...
Total Annual Compensation: $1.2M
Executive Vice President of Technology & Proj...
Total Annual Compensation: $1.1M
Executive Vice President of Commercial, Busin...
Total Annual Compensation: $874.0K
Compensation as of Fiscal Year 2014.

conocophillips (COP) Key Developments

ConocoPhillips To Seek Buyer For Stake In Indonesian Assets

ConocoPhillips (NYSE:COP) is reviewing its portfolio in Indonesia and may soon seek buyers for a stake in a production sharing block it operates in the Natuna Sea, company and government sources said. ConocoPhillips holds a 40% interest in South Natuna Sea Block B.

ConocoPhillips Seeks Buyer For Indonesian Assets

ConocoPhillips (NYSE:COP) is seeking a buyer for its offshore Indonesian oil and gas block along with the transportation system and the onshore receiving facility, but says the move is not a response to low oil prices. The decision does not represent an exit from the country, as it is continuing operations in the Corridor Block in South Sumatra and recently was awarded another block in Kalimantan.

ConocoPhillips Reports Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production Guidance for the Third Quarter and Full Year of 2015; Revises Financial Guidance for the Full Year of 2015; Reports Impairment Charge for the Second Quarter Ended June 30, 2015

ConocoPhillips reported earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net loss of $179 million, or $0.15 per share, compared with second-quarter 2014 earnings of $2.1 billion, or $1.67 per share. Adjusted earnings were $81 million, or $0.07 per share, compared with second-quarter 2014 adjusted earnings of $2.0 billion, or $1.61 per share. Adjusted earnings were lower compared with second-quarter 2014 primarily due to lower realized prices, partially offset by higher licensing revenues. The company’s total realized price was $39.09 per barrel of oil equivalent (BOE), compared with $70.17 per BOE in the second quarter of 2014, reflecting lower average realized prices across all commodities. Cash provided by continuing operating activities was $2.0 billion. The company funded $2.4 billion in capital expenditures and investments. For the six months, the company’s earnings were $93 million, or $0.07 per share, compared with six-month 2014 earnings of $4.2 billion, or $3.38 per share. Adjusted earnings were a net loss of $141 million, or $0.11 per share, compared with six-month 2014 adjusted earnings of $4.3 billion, or $3.42 per share. Cash provided by continuing operating activities was $4.0 billion. Additionally, the company funded $5.7 billion in capital expenditures and investments. The company’s production from continuing operations, excluding Libya, for the second quarter of 2015 was 1,595 MBOED, an increase of 39 MBOED compared with 1.56 MBOED in the second quarter of 2014. The growth of 4% or 69,000 BOE per day, which came primarily from liquids and from domestic gas sales of APLNG, which will turn to LNG over time. The net increase reflects 69 MBOED, or 4% growth, after adjusting for 30 MBOED from dispositions and downtime. Growth was primarily due to new production from major projects and development programs, partially offset by normal field decline and downtime. The company’s production from continuing operations, excluding Libya, for the first six months of 2015 was 1,603 MBOED, compared with 1,543 MBOED for the same period in 2014. Production increased due to new production from development programs and major projects, partially offset by normal field decline. The company provides earnings guidance for the third quarter and full year of 2015. For the year 2015, the company is on track to achieve the higher end of its 2015 production target of 2% to 3% growth compared with 2014 production from continuing operations, excluding Libya. The company has reduced its 2015 capital expenditures guidance from $11.5 billion to $11.0 billion. Guidance for operating costs has been reduced from $9.2 billion to $8.9 billion. Guidance for depreciation, depletion and amortization of $9.0 billion. At year end 2014, the company also slashed its 2015 capital budget by 20% to $13.5 billion compared with 2014's capital expenditure plans. Third-quarter 2015 production, excluding Libya, is expected to be 1,510 to 1,550 MBOED, which reflects planned turnaround activity during the quarter. The company reported impairment charge for the second quarter of 2015. For the period, the company reported impairment charge of $140 million compared to $109 million a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
COP:US $46.82 USD +0.95

COP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CNOOC Ltd $9.24 HKD +0.02
Enterprise Products Partners LP $28.62 USD +0.16
LyondellBasell Industries NV $85.43 USD +0.17
Morgan Stanley $34.05 USD -0.25
Dow Chemical Co/The $44.00 USD +0.40
View Industry Companies
 

Industry Analysis

COP

Industry Average

Valuation COP Industry Range
Price/Earnings 34.0x
Price/Sales 1.4x
Price/Book 1.2x
Price/Cash Flow 4.6x
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CONOCOPHILLIPS, please visit www.conocophillips.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.