Conoco Phillips
Research Conoco Phillips (COP) on Bullrun: valuation model: 25.6% overvalued, market cap USD 161.10B, P/E 17.8, dividend yield 2.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCOP
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas E&P
- CurrencyUSD
- Valuation signal25.6% overvalued
- Market capUSD 161.10B
- P/E17.8
- Dividend yield2.4%
- Financial periodQ2 2026
- RevenueUSD 19.16B
- Net incomeUSD 3.93B
- Free cash flowUSD 4.41B
- Gross margin36.7%
Valuation Snapshot
Bullrun's latest valuation model marks Conoco Phillips as 25.6% overvalued; latest market cap is USD 161.10B; P/E is 17.8; dividend yield is 2.4%.
Peer valuation comparison
Latest P/E is 17.77x versus a Energy sector median of 15.51x (14.5% above).
Latest dividend yield is 2.44% versus a Energy sector median of 3.62% (32.6% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 51.82B | USD 7.99B | USD 7.24B | 56.9% | 6.35 | USD 6.50B | USD 1.02B | USD 64.49B |
| FY2024 | USD 49.42B | USD 9.25B | USD 8.01B | 59.5% | 7.81 | USD 5.61B | USD 1.04B | USD 64.80B |
| FY2023 | USD 48.52B | USD 10.96B | USD 8.72B | 54.7% | 9.06 | USD 5.64B | USD 1.07B | USD 49.28B |
| FY2022 | USD 61.05B | USD 18.68B | USD 18.16B | 44.4% | 14.57 | USD 6.46B | USD 417.00M | USD 48.00B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 161.10B | 17.8 | 2.5% | 3.36 |
| 2025 | 2025-12-31 | USD 114.69B | 14.8 | 3.4% | 3.18 |
| 2024 | 2024-12-31 | USD 126.53B | 12.7 | 3.1% | 3.12 |
| 2023 | 2023-12-29 | USD 137.82B | 12.7 | 3.4% | 3.91 |
| 2022 | 2022-12-30 | USD 147.04B | 8.5 | 4.4% | 5.19 |
| 2021 | 2021-12-31 | USD 94.00B | 11.9 | 2.7% | 1.95 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.36 USD, yield 2.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.18 USD |
| FY2024 | 2.52 USD |
| FY2023 | 2.11 USD |
| FY2022 | 1.89 USD |
About Conoco Phillips
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.
ETFs that hold Conoco Phillips
Conoco Phillips is one of the ten largest holdings of 12 ETFs that investors in Europe can buy. The 8 most traded of them:
| ETF | Weight | TER |
|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 6.78% | 0.15% |
| State Street SPDR S&P U.S. Energy Select Sector UCITS ETF | 6.78% | 0.15% |
| Xtrackers MSCI World Energy UCITS ETF 1C | 4.16% | 0.25% |
| iShares MSCI World Energy Sector UCITS ETF USD Inc | 4.17% | 0.18% |
| iShares Oil & Gas Exploration & Production UCITS ETF USD (Acc) | 10.32% | 0.55% |
| State Street SPDR MSCI World Energy UCITS ETF | 4.18% | 0.30% |
| Xtrackers MSCI USA Energy UCITS ETF 1D | 7.34% | 0.12% |
| First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD | 0.52% | 0.65% |
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Frequently asked questions
Is Conoco Phillips overvalued or undervalued?
Bullrun's valuation model currently marks Conoco Phillips as 25.6% overvalued.
What is Conoco Phillips's market cap?
Conoco Phillips's market capitalization is USD 161.10B.
What is Conoco Phillips's P/E ratio?
Conoco Phillips's price-to-earnings (P/E) ratio is 17.8.
Does Conoco Phillips pay a dividend?
Conoco Phillips has a dividend yield of 2.4%.
What does Conoco Phillips do?
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.