NYSE:COP

ConocoPhillips (COP)

134.26
-1.46 (1.08%)
as of Sep 4, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconSep 5, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

The reviews for ConocoPhillips (COP) yield mixed insights from different experts in the oil sector. The first expert mentions high oil prices driven by geopolitical factors but expresses skepticism about COP's standout position, suggesting it may not be worth purchasing. The second expert highlights a shift in sentiment toward oil due to a decrease in supply pessimism and potential peace developments, indicating a negative outlook for energy investments in the short term. Although acknowledging some resilience in oil prices, he advises caution and suggests waiting for a clearer 'new normal' price. The third expert presents a more positive perspective, noting a significant decline in oil companies since March/April but expressing a favorable view toward COP specifically. Overall, while there are divergent opinions, the sentiment around COP remains cautious, emphasizing the importance of future oil price dynamics.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
XOM
HOLD
Have typically had less efficient use of capital. Have overpaid in the past for some of their acquisitions. Have a fair bit of capital expenditure going on.
BUY
Globally, there will be more and more governments/government backed businesses get into the international market to acquire production for their own security. This will favour the large multi-nationals.
BUY
A good buy here. Cheap because it's not one of the majors.
BUY ON WEAKNESS
Like many of the integrateds has had a pretty great run. Would hold off until we get a soft crude price. The risk/reward is very good. A very stable company. Good production.
HOLD
A smaller player where its larger competition has made a lot of acquisitions. Like a lot of the majors, when oil prices were low, they didn't spend a lot of money on exploration so reserves are down. Expect it will catch up over a longer period of time.h
TOP PICK
Oil stocks in the US do not trade on a valuation comparable to Canada. IF they did, it should be a $90 stock.
DON'T BUY
Exxon (XOM-N) versus Conoco (COP-N). Exxon has the best capital discipline of the US majors. Has a very high return on capital employed (ROCE). Conoco is one of the worst, largely because they overpaid for some of their acquisitions. Haven't had particularily good numbers on their refining and marketing side.
BUY
Trading below its majors on a valuation basis. One of the largest refiners and refining is pretty busy these days. Buying back $1 billion of their shares.
PAST TOP PICK
(A Top Pick Nov 24/04. Up 12%.) Most of the integrated oils that have been doing well, is not from production, but from downstream, refining and marketing, which has done particularily well.
BUY
Their refining business is very interesting. Lots of upgrading.
TOP PICK
Oil prices will be $35 or more from now on. PE ratio of 9 and very good dividends. If earnings just stay where they are, or increase very gradually, it is still a good value.
TOP PICK
Offers the diversity of resource bases around the world. Trading at about a 15% discount to its majors. Good international exposure.
BUY
TOP PICK
22% undervalued to their model price. Overweighting energy in their portfolios.
BUY
Very levered to the oil story. Has the largest refinery in the world.
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