ConocoPhillips (COP)
Energy · Oil & Gas Exploration & Production · Data as of 2026-10-22
Bottom line
COP is trading at a premium to its history, near its historical resistance zone, and recent volume shows no clear direction. Historically, this combination has called for extra caution. Past patterns are not a guarantee of future results.
Valuation — Expensive against its own asset value (Red)
COP is in a cyclical industry, where earnings swing with the economy, so we compare its price-to-book of 2.7× with its own typical level (2.0×). Its current multiple sits around the 93rd percentile of its own last five years — near the top of its own range.
Price zones — Near its historical resistance zone (Red)
At $145.63, the stock is close to the upper end of its recent range. Over the past year COP has traded between $85.57 and $147.55; its historical support zone sits near $133.54 and resistance near $147.55. It is above both its 50- and 200-day averages, which has historically signalled an uptrend.
52-week range $85.57–$147.55 · 50-day average $133.54 · 200-day average $119.71
Money flow — No clear direction (Yellow)
Buying and selling volume in COP have been fairly balanced recently, with no strong accumulation or distribution pattern. Volume on up days has been about 0.8× volume on down days over the last 30 sessions.
Dividends & company facts
COP paid $3.36 a share in dividends over the past year — 2.3% of today's price — and has raised it in each of the last five years. It returned more through buybacks: $5.1 billion in fiscal 2025, about 2.9% of its market value.
- Dividend yield (12 months)
- 2.31%
- Paid over 12 months
- $3.36 a share
- Payout ratio
- 43.8%
- Buybacks
- 2.92% (fiscal 2025)
- Shares, past year
- -3.5%
- Revenue, 12 months
- $63.3B
- Profit, 12 months
- $9.3B
- Employees
- 9,600
- CEO
- Andrew O'Brien
- Headquarters
- Houston, TX
- Listed since
- 1981 · NYSE
About the company
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. The company's extensive portfolio includes unconventional resources located in North America; established conventional assets spanning North America, Europe, Asia, and Australia; numerous LNG…
Related stocks
一句话结论
COP 相对自身历史处于溢价水平，接近其历史阻力区，近期成交量没有明确方向。从历史来看，这样的组合需要格外谨慎。过去的形态并不能保证未来的结果。
估值 — 相对自身资产价值偏高
COP 所在的行业具有周期性，盈利会随经济起伏，因此我们把它 2.7× 的市净率与其自身惯常的水平（2.0×）作比较。它当前的估值倍数大约位于自身过去五年分布的第 93 百分位——接近自身区间的顶部。
价格区间 — 接近其历史阻力区
目前价格为 $145.63，接近其近期区间的上沿。过去一年 COP 的价格在 $85.57 到 $147.55 之间波动；其历史支撑区在 $133.54 附近，阻力区在 $147.55 附近。它同时位于 50 日和 200 日均线上方，这在历史上通常对应上升趋势。
资金流向 — 方向不明确
COP 近期的买卖成交量大致均衡，没有明显的吸筹或派发形态。过去 30 个交易日，上涨日的成交量约为下跌日的 0.8×。
股息与公司概况
COP 过去一年每股派息 3.36 美元，相当于当前股价的 2.3%，过去五年每年都有上调。它通过回购返还了更多：2025 财年回购 51.2亿美元，约占市值的 2.9%。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.