Wall Street analyst estimates for ConocoPhillips (COP): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
ConocoPhillips is an energy company that engages in the global exploration, production, transportation, and marketing of various resources, including crude petroleum, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids (NGLs). Its primary operations are centered on both conventional and tight oil formations, shale gas, heavy crude, LNG developments, and oil sands projects.
Consensus price target
$156.62 (+2 % vs price $154.03)
between $130.00 and $189.00 · 14 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $73.5B | $66.9B – $77.9B | $11.45 | 15 |
| 2027E | $68.3B | $63.6B – $74.2B | $10.55 | 16 |
| 2028E | $67.0B | $49.7B – $75.3B | $10.07 | 11 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 38 |
| Hold | 10 |
| Sell | 3 |
| Strong Sell | 0 |
| Total analysts | 52 |
| Avg rating (−2 sell to +2 buy) | 0.71 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $2.65 | ||
| 2026-08-06 | $3.24 | $2.90 | +11.7% |
| 2026-04-30 | $1.89 | $1.72 | +9.9% |
| 2026-02-05 | $1.02 | $1.07 | -4.7% |
| 2025-11-06 | $1.61 | $1.41 | +14.2% |
| 2025-08-07 | $1.42 | $1.35 | +5.2% |
| 2025-05-08 | $2.09 | $2.05 | +2.0% |
| 2025-02-06 | $1.98 | $1.78 | +11.2% |
Valuation Ratios
| P/E Ratio | 20.40 |
| Price / Book | 2.86 |
| EV / EBITDA | 7.31 |
| Dividend Yield | 2.18% |
Income Statement (10y)
| Year | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.03B | $57.20B | $105.10B | $118.72B | $183.36B | $188.52B | $194.50B | $240.84B | $149.34B | $56.22B | $64.20B | $57.97B | $54.41B | $52.52B | $29.56B | $23.69B | $29.11B | $36.42B | $32.57B | $18.78B | $45.83B | $78.49B | $56.14B | $54.74B | $58.94B |
| Cost of Revenue | $16.35B | $42.52B | $75.22B | $98.26B | $133.49B | $129.31B | $134.11B | $189.49B | $122.07B | $39.09B | $43.05B | $38.60B | $37.31B | $39.34B | $28.55B | $24.70B | $24.48B | $25.46B | $23.25B | $17.94B | $31.06B | $48.48B | $37.94B | $38.36B | $44.16B |
| Gross Profit | $8.68B | $14.68B | $29.88B | $20.46B | $49.88B | $59.21B | $60.38B | $51.35B | $27.27B | $17.13B | $21.15B | $19.36B | $17.10B | $13.19B | $1.01B | -$1.01B | $4.62B | $10.95B | $9.31B | $841.0M | $14.77B | $30.01B | $18.20B | $16.38B | $14.79B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $919.0M | $2.54B | $2.18B | $2.13B | $2.91B | $3.31B | $3.31B | $2.23B | $1.83B | $809.0M | $865.0M | $1.11B | $854.0M | $735.0M | $953.0M | $473.0M | $427.0M | $401.0M | $556.0M | $430.0M | $719.0M | $623.0M | $705.0M | $1.16B | $893.0M |
| Operating Expenses | $5.00B | $5.47B | $6.64B | $7.06B | $25.52B | $28.78B | $30.60B | $24.20B | $18.54B | $4.72B | $5.90B | $6.15B | $4.97B | $4.87B | $6.05B | $3.12B | $2.17B | $1.82B | $2.25B | $2.64B | $2.70B | $4.55B | $3.18B | $3.60B | $3.45B |
| Operating Income | $3.68B | $9.21B | $23.24B | $13.41B | $24.36B | $30.43B | $29.78B | $27.15B | $8.73B | $12.41B | $15.24B | $13.21B | $12.13B | $8.32B | -$5.04B | -$4.13B | $2.45B | $9.14B | $7.06B | -$1.80B | $12.07B | $25.46B | $15.03B | $12.78B | $11.34B |
| EBITDA | $5.02B | $11.44B | $26.72B | $17.20B | $28.61B | $37.71B | $38.54B | $7.50B | $20.59B | $27.45B | $23.60B | $23.11B | $22.93B | $20.02B | $6.34B | $6.39B | $5.69B | $17.02B | $16.72B | $4.52B | $21.05B | $36.79B | $25.62B | $24.38B | $25.39B |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $1.35B | $1.71B | $1.58B | $1.38B | $1.10B | $1.05B | $1.13B | $1.40B | $1.67B | $1.46B | $1.09B | $1.10B | $1.06B | $1.13B | $1.05B | $1.06B | $1.11B | $1.23B |
| Pre-tax Income | $3.24B | $2.14B | $8.34B | $14.37B | $23.55B | $28.33B | $23.27B | -$2.86B | $9.58B | $17.88B | $15.40B | $15.42B | $14.45B | $9.39B | -$7.24B | -$5.53B | -$2.62B | $9.97B | $9.52B | -$3.14B | $12.71B | $28.23B | $16.29B | $13.67B | $12.66B |
| Income Tax | $1.64B | $1.44B | $3.74B | $6.26B | $9.91B | $12.78B | $11.38B | $13.42B | $5.09B | $7.57B | $8.21B | $7.94B | $6.41B | $3.58B | -$2.87B | -$1.97B | -$1.82B | $3.67B | $2.27B | -$485.0M | $4.63B | $9.55B | $5.33B | $4.43B | $4.67B |
| Net Income | $1.66B | -$295.0M | $4.74B | $8.13B | $13.53B | $15.55B | $11.89B | -$16.35B | $4.41B | $11.36B | $12.44B | $8.43B | $9.16B | $6.87B | -$4.43B | -$3.62B | -$855.0M | $6.26B | $7.19B | -$2.70B | $8.08B | $18.68B | $10.96B | $9.24B | $7.99B |
| EPS | $2.84 | $-0.31 | $3.48 | $5.88 | $9.71 | $9.80 | $7.32 | $-11.16 | $2.96 | $7.68 | $9.04 | $6.77 | $7.43 | $5.54 | $-3.58 | $-2.91 | $-0.70 | $5.36 | $6.43 | $-2.51 | $6.10 | $14.62 | $9.08 | $7.82 | $6.36 |
| EPS (Diluted) | $2.82 | $-0.30 | $3.46 | $5.80 | $9.55 | $9.66 | $7.22 | $-11.16 | $2.94 | $7.62 | $8.97 | $6.72 | $7.38 | $5.51 | $-3.57 | $-2.90 | $-0.70 | $5.32 | $6.40 | $-2.51 | $6.08 | $14.57 | $9.06 | $7.81 | $6.35 |
| Shares Outstanding (Diluted) | 590.0 M | 971.0 M | 1,370.9 M | 1,401.3 M | 1,417.0 M | 1,609.5 M | 1,645.9 M | 1,523.4 M | 1,497.6 M | 1,491.1 M | 1,387.1 M | 1,253.1 M | 1,239.8 M | 1,245.9 M | 1,241.9 M | 1,245.4 M | 1,221.0 M | 1,175.5 M | 1,123.5 M | 1,078.0 M | 1,328.2 M | 1,278.2 M | 1,205.7 M | 1,180.9 M | 1,253.4 M |
Price
| Price | $154.03 (closing price, October 30, 2026) |
| Market Cap | $185.0B |
| Exchange | NYSE |
| Country | US |
Related companies: XOM · CVX · TTE · PBR · BP · EQNR · E · CVE
Explore sector: Energy · Oil & Gas Exploration & Production
More sections of COP: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks