ConocoPhillips (COP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

ConocoPhillips

NYSE•Energy•Oil & Gas E&P

$133.19+0.65(<0.01%)After hours

Market Cap

$160.83B

P/E

17.3x

P/S

2.5x

P/B

2.5x

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. It serves in the United States, Canada, China, Equatorial Guinea, Libya, Malaysia, Norway, Singapore, the United Kingdom, and internationally. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

How this company scores

GoodMetricSide Score: 72/100

Strongest: Cash & Earnings Quality (23/25); weakest: Growth (15/25).

Profitability18/25

Growth15/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowStrong marginsLow leverageConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.3x5y range 0.0x – 22.2x

Currently above its 20-quarter median.

P/S · 2.5x5y range 0.0x – 2.7x

Currently near its 20-quarter median.

P/B · 2.5x5y range 0.0x – 3.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 37.7% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $160.83B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $65.28B
Q. Revenue: $19.52B
TTM EBITDA: $26.42B
TTM Op. Income: $14.62B
Q. Op. Income: $6.08B
TTM Net Income: $9.28B
Q. Net Income: $3.93B
EPS: $3.23
Shares Out.: $1.21B

$65.28B in TTM revenue grew 8.5% YoY, reaching $19.52B last quarter. TTM EBITDA of $26.42B and TTM operating income of $14.62B show growth is flowing through to the bottom line. TTM net income of $9.28B means revenue is converting into profit. Over the past year, TTM revenue is up 8% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 46.4%
Op. Margin: 31.2%
Net Margin: 20.1%

Op. margin of 31.2% is up 10.7% YoY — cost efficiency is improving. Net margin at 20.1% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 17.3x
P/S Ratio: 2.5x
P/B Ratio: 2.5x

At 17.3x P/E, the stock trades within typical market levels. P/S of 2.5x and P/B of 2.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 41% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $124.26B
Cash: $6.57B
Long-Term Debt: $22.83B
Book Value: $65.35B
D/E Ratio: 0.3
Debt/EBITDA: 2.5

With $124.26B in assets and $22.83B in long-term debt, D/E is 0.3and book value is $65.35B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 1% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $7.43B
TTM Free Cash Flow: $10.06B
FCF Margin: 15.4%
FCF / Net Income: 1.1

TTM FCF of $10.06B on $7.43B in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 45% — an improving trend.