COP

ConocoPhillips
EnergyOil & Gas E&PNASDAQ
$113.98
-$6.21 (-5.45%)today
Conviction
5/ 10
Fair Value$131.04
Upside+14.96%
Signal7.48
Market Cap$149.8B
52W Range$79.88–$135.87
Next EarningsApr 30

Conviction History

Conviction Changes

Mar 18, 2026, 5:06 AM75conviction-rescore
Mar 13, 2026, 5:08 AM67sec-read
Mar 9, 2026, 5:08 AM76sec-read
Premium Content

Upgrade to premium to see the full reasoning behind each conviction change.

Sign in to unlock

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid
Fair Value$59.96
Current Price$133.80
Upside / Down-55.2%
P(Undervalued)0.0%
P(20%+ Up)0.0%
P(15%+ Down)100.0%

Fair Value Distribution — percentile bands

0.0% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

19.6%/yr

±7.0% · revenue growth to justify current price

FCF-Based Reverse DCF

18.7%/yr

±2.9% · FCF growth to justify current price

THE GAP

Market pricing margin expansion or capex normalization

Premium Content

Upgrade to premium for full distribution data, sensitivity analysis, and segment breakdowns.

Sign in to unlock
Bull Case

No analysis yet

Bear Case

No analysis yet

Research Feed

sec_10kMar 13
Conviction: unchanged
COP FY2025 10-K: Filing Confirmed Read + Iran War Geopolitical Reassessment

10-K deep read complete. Filing marked read. Iran war catalyst raises WTI 28% to ~-96 post-filing, fundamentally improving 2026 earnings trajectory. Conviction raised 6→7.

sec_10kMar 9
Conviction: unchanged
COP 2025 10-K Deep Read: Marathon Synergies Deliver But Oil Price Trajectory Is the Pivot

Full 10-K read. FY2025 adj EPS .16 (vs .79 in 2024, -21% YoY) on lower realized prices (.01/BOE vs .83). Production grew 2.5% organically to 2,375 MBOED thanks to Marathon integration. Marathon synerg...

sec_10kMar 1
Conviction: unchanged
COP 2025 10-K: Marathon Integration Complete, WTI Headwinds Offset by Cost Discipline

COP delivered 2,375 MBOED production (+20% YoY) driven by Marathon Oil acquisition. CFO of $19.8B, FCF $7.2B, returned $9.0B (46% of CFO) to shareholders. Marathon synergies hit $1B run-rate, $5B asse...