ConocoPhillips (COP)
Energy · $150B market cap · SEC CIK 0001163165
$125.27
▼-1.77% on the day
close of Sep 22, 2026
65
Screens well
fundamentals score out of 100
fundamentals score out of 100
Next reports on Nov 4, 2026, before the open, with analysts expecting $2.60 in earnings per share.
The case for COP
- Revenue growing 9.6% year over year.
- Pays a 4.0% dividend while you wait.
- Reasonably priced at 16.2× earnings.
- Has compounded revenue at 25.7% a year over five years.
- Barely leveraged. Debt is 0.36× equity.
- Moves less than the market (beta 0.22).
The case against
- Growth is slowing: revenue up 9.6% this year against 25.7% a year over five.
- Weakest against its peers: return on equity of 14% is lower than 70% of Energy companies.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Energy companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 60 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 62 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 56 |
| Momentumhow the price has behaved lately | 79 |
| Stabilityhow violently it moves, what it owes and what it pays you | 77 |
- Each factor except momentum is half fixed thresholds, half rank among the 21 Energy companies.
Key numbers
| Price / earnings | 16.2× |
|---|---|
| Price / book | 1.94× |
| Price / sales | 2.4× |
| Revenue growth (YoY) | +9.6% |
| EPS growth (YoY) | +1.3% |
| Gross margin | 46% |
| Operating margin | 23% |
| Net margin | 15% |
| Return on equity | 14% |
| Debt / equity | 0.36× |
| Current ratio | 1.54 |
| Dividend yield | 3.99% |
| Beta | 0.22 |
| 52-week range | $85.57 – $141.62 |
| Position in that range | 71% of the way up |
| 3-month return | +18.4% |
| 1-year return | +38.7% |
Five years of financials, as filed
Pulled from ConocoPhillips's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $51.8B | $49.4B | $48.5B | $61.0B | $34.6B |
| Net income | $8.0B | $9.2B | $11.0B | $18.7B | $8.1B |
| Operating cash flow | $19.8B | $20.1B | $20.0B | $28.3B | $17.0B |
| Capital expenditure | — | — | — | $10.2B | $5.3B |
| Total assets | $122B | $123B | $95.9B | $93.8B | $90.7B |
| Total liabilities | $57.5B | $58.0B | $46.6B | $45.8B | $45.3B |
| Shareholder equity | $64.5B | $64.8B | $49.3B | $48.0B | $45.4B |
| Cash | $6.5B | $5.6B | $5.6B | $6.5B | $5.0B |
| Free cash flow | — | — | — | $18.2B | $11.7B |
| Net margin | 15.4% | 18.7% | 22.6% | 30.6% | 23.4% |
| Diluted shares | 1.3B | 1.2B | 1.2B | 1.3B | 1.3B |
Share count is down 5.6% over 4 years. Buybacks have been shrinking the pie.
Risk factors COP lists in its 10-K
- GHG regulations for emissions reductions
- Carbon taxes in certain jurisdictions
- Non-regulatory initiatives or agreements
- Regulated sustainability disclosures
- "Supplementary Data - Oil and Gas Operations"
- Business Combination—Valuation of Oil and Gas Properties
- Asset Retirement Obligations and Environmental Costs
- Assessment of Internal Control Over Financial Reporting
- Internal Control—Integrated Framework (2013)
- Report of Independent Registered Public Accounting Firm
- Opinion on the Financial Statements
- Depreciation, depletion and amortization of proved oil and gas properties, plants and equipment associated with the Lower 48 segment
- How We Addressed the Matter in Our Audit
- Opinion on Internal Control Over Financial Reporting