ConocoPhillips is a US-based independent exploration and production firm. Its operations are primarily in Alaska and the Lower 48, with footprints in Canada, Europe, Asia-Pacific, the Middle East, and Africa.
It is a $162B energy company. Revenue grew 9.6% over the last year, it keeps 15¢ of every dollar of sales as profit, and its net debt equals ~1.6 years of free cash flow. It trades at 17.4× earnings — in the most expensive third of its own history.
- Website
- conocophillips.com
- Location
- Houston, TX
- Employees
- 9 900
- Sector
- Energy
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Growth, Health and Quality lag behind.
Valuation65
- P/E vs own history87th pct · 0/25
- FCF yield6.2% · 20/25
- P/S2.5x · 20/25
- EV/EBITDA6.8x · 25/25
Growth37
- Revenue CAGR5.1% · 12/25
- Net income CAGR-0.3% · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth32.3% · 25/25
Profitability64
- ROIC9.9% · 12/25
- ROE14.3% · 12/25
- Net margin14.7% · 20/25
- Operating margin22.5% · 20/25
Health30
- Altman Zn/a · 0/25
- Current ratio1.54 · 18/25
- Interest coverage-2.0x · 0/25
- Net cash / debtD/A 14% · 12/25
Quality46
- Piotroski F6/9 · 15/25
- Beneish M-2.91 · 25/25
- FCF conversionn/a · 0/25
- Margin stabilityσ 23.7% · 6/25
Moat63
- ROIC >12% years7/10 yrs · 20/25
- Median gross margin62.1% · 25/25
- FCF-positive years9/10 yrs · 18/25
- Worst-year net marginworst -14.8% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- 2024AcquisitionConocoPhillips acquired Marathon Oil in a $22.5 billion transaction
- 2023AcquisitionConoco purchased another 50% stake in the Surmont Canadian facility from TotalEnergies for $3 billion
- 2023MilestoneForbes Global 2000, ConocoPhillips was ranked as the 83rd-largest public company in the world
- FY2022FinancialRevenue crossed $50B$78.5B for the year
- FY2022FinancialBest year on record$18.7B net income
- 2022MilestoneConocoPhillips became one of the stakeholders in the joint venture with QatarEnergy for the North…
- 2021AcquisitionThe company acquired Concho Resources, an operator in the Permian Basin, for $9.7 billion
- FY2018FinancialTurned profitable$6.26B net income after a loss year
- FY2017FinancialPositive free cash flow every year since9-year streak
- FY2016FinancialRevenue already above $10B$24.4B in first reported year
- Nov 26, 2012AcquisitionIn its largest acquisition ever, ONGC Videsh agreed to buy ConocoPhillips' 8.4% stake in the…
- 2012MilestoneConocoPhillips completed the corporate spin-off of its downstream assets as Phillips 66
- 2006AcquisitionConocoPhillips acquired Wilhelmshavener Raffineriegesellschaft mbH, based in Germany
- 1929AcquisitionConoco merged with the Marland Oil Company
- 1899MilestoneMarland Oil changed its name to Continental Oil Co
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (46.3%)
- Strong cash conversion — FCF is 15.9% of revenue
Watch-outs
- Thin interest coverage (-2.0×)
- Loss-making in 3 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+9.6% YoY
- Profitable — makes more than it spends$9.28B TTM
- Profit growing — earnings are higher than last year-24.2% YoY
- Generates cash — cash left after running and investing$10.1B TTM
- Debt under control — could handle its obligations~1.6y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$162B market cap
- Not printing shares — share count not ballooning — you keep your slice+16.2% shares over ~5y
- Proven track record — years of profitability behind it7/10 profitable years
- Financially stable — balance sheet not near distresshealth score 18/100
- Pays a dividend — returns cash to shareholdersyield 2.53%
- Valuation not extreme — price not wildly above earningsP/E 17.4
Peer comparisonConocoPhillips vs 6 largest energy peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| COP this company | $161.5B | 17.4 | +9.6% | 14.7% | Strained |
| XOM ExxonMobil Holdings Corporation | $694.0B | 21.1 | +9.1% | 8.9% | Mixed |
| CVX Chevron Corporation | $416.8B | 20.3 | +10.2% | 9.6% | Mixed |
| SHEL Shell plc | $284.6B | 11.0 | -6.1% | 6.7% | Solid |
| TTE TotalEnergies SE | $191.1B | 10.9 | -6.8% | 7.2% | Solid |
| MPC Marathon Petroleum Corporation | $127.8B | 14.9 | +15.0% | 5.6% | Strained |
| VLO Valero Energy Corporation | $125.1B | 17.3 | +12.6% | 5.2% | Strong |
Head-to-head: COP vs XOM · COP vs CVX · COP vs SHEL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/COP
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of COP on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $134.46 · market cap $162B.