Stock Price & Analysis

Based on the provided data and technical analysis, here's a concise assessment of COP stock:

Technical Analysis: COP is currently trading at $106, showing a bullish trend with RSI at 65.68 indicating moderate momentum but not yet overbought . The stock is trading above its 20-day SMA of $100.11, suggesting positive short-term momentum.

Recent Developments: TD Cowen recently initiated coverage with a "Buy" rating and a $125 price target, highlighting COP's extensive asset base and low-cost operations. The company plans to return $11 billion to shareholders in 2025, including $7 billion in buybacks and a 3% fixed dividend.

Growth Catalysts:

• Production expected to grow at 6% CAGR through 2030
• Willow Project and LNG initiatives providing long-term growth
• Industry-leading breakeven of $32 per barrel WTI
• Synergies from Marathon Oil assets acquisition expected to exceed $1 billion

Based on technical indicators and recent analyst coverage, COP appears positioned for upside with strong support at $100.52 (Fibonacci S1) and resistance at $105.51 (Fibonacci R1). The stock's current trading level suggests a buy opportunity with potential upside to TD Cowen's $125 target.

Based on the provided data and recent market analysis, here's the price prediction for ConocoPhillips (COP) stock in 2025:

ConocoPhillips stock is expected to reach $125 by the end of 2025, supported by TD Cowen's recent coverage initiation with a "Buy" rating and strong growth drivers including the Willow Project and LNG initiatives. The company plans to return $11 billion to shareholders in 2025 through buybacks and dividends, offering an attractive total yield over 8%. Production is projected to grow at a 6% compound annual rate through 2030, driven by doubled Alaska volumes and significant LNG contributions from Port Arthur and Qatar projects.

The S1 support level for COP Stock is $101.92 ,The R1 resistant level for COP Stock is $105.73.

As of the end of day on 2025-01-24, the price of COP Stock was $102.35.

The target price for COP Stock according to analyst rating is 134.56, with the highest price target at 165.00 and the lowest at 114.00. Analysts have a Strong Buy rating on COP Stock overall.

The market cap of COP is $131.7B.

Based on the provided data, here's a comprehensive analysis of COP's valuation:

Valuation Analysis: COP currently shows mixed valuation signals. The stock trades at a P/E of 12.5x (Q3 2024), which is relatively attractive compared to historical levels, showing a declining trend from 14.4x in Q1 2024. The EV/EBITDA multiple of 5.73x in Q3 2024 is also attractive, decreasing from 7x in Q1 2024, suggesting improving operational efficiency.

Financial Performance: Revenue has shown a slight decline trend from $13.85B in Q1 2024 to $13.04B in Q3 2024. Net income similarly decreased from $2.54B to $2.05B. However, the company maintains healthy profit margins with:

• Gross margin: 27.93% (Q3 2024)
• Net margin: 15.79% (Q3 2024)
• ROE: 20.31% (Q3 2024)

Recent Developments: TD Cowen recently initiated coverage with a "Buy" rating and $125 price target, highlighting:

• Extensive asset base and low-cost operations
• Planned $11B shareholder returns in 2025
• 6% annual production growth through 2030
• Industry-leading breakeven of $32/barrel WTI

Analyst Sentiment:

Conclusion: At current levels, COP appears reasonably valued considering its:

• Strong financial position with healthy margins
• Robust shareholder return program
• Growth prospects from Willow Project and LNG initiatives
• Industry-leading operational efficiency

The stock's current valuation multiples, declining from Q1 to Q3 2024, suggest an attractive entry point for long-term investors.

ConocoPhillips is an exploration and production company. The Company operates through six segments. The Alaska segment primarily explores for, produces, transports and markets crude oil, natural gas, and natural gas liquids (NGLs). The Lower 48 segment consists of operations located in the 48 contiguous United States and the Gulf of Mexico. Its Canada segments consist of the Surmont oil sands developments in Alberta and British Columbia. The Europe, Middle East and North Africa segment consists of operations principally located in the Norwegian sector of the North Sea, the Norwegian Sea, Qatar, Libya, and commercial and terminal operations in the United Kingdom. The Asia Pacific segment has exploration and production operations in China, Malaysia, Australia and commercial operations in China, Singapore, and Japan. The Other International segment includes interests in Colombia as well as contingencies associated with prior operations in other countries.

Based on the provided data and market analysis, here's a projection for ConocoPhillips (COP) stock price in 2030:

COP stock is projected to reach $165-175 by 2030, driven by successful integration of Marathon Oil acquisition generating over $1 billion in synergies and strong growth from Willow Project in Alaska. The company's extensive inventory spanning over 20 years and industry-leading low breakeven of $32 per barrel positions it well for sustained profitability.

Production growth at 6% compound annual rate through 2030, supported by doubling of Alaska volumes and significant LNG contributions from Port Arthur and Qatar projects, provides clear visibility to long-term value creation.

COP has a total of 9900 employees.