ConocoPhillips stock eases after CEO move and upbeat earnings expectations
Published on 09/19/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ConocoPhillips stock (ISIN US20825C1045) is trading around USD 131 on the New York Stock Exchange on September 19, 2026, slightly below its recent levels after the market digested both a leadership change and optimistic earnings expectations for the rest of the year.
Leadership change and earnings expectations
According to Scanx Trade on September 18, 2026, ConocoPhillips has appointed Andy O'Brien as chief executive officer, with the change effective September 1, giving the independent exploration and production group a new top management setup going into the next earnings cycle.
In the same overview, Scanx Trade reports that the market expects ConocoPhillips to deliver earnings per share of USD 2.88 on revenue of USD 18.78 billion for the upcoming quarter, compared with USD 1.42 per share on USD 14.74 billion a year earlier, implying an EPS increase of more than 100 percent and revenue growth of about USD 4.04 billion year over year for Q3 2026.
Stock performance and valuation context
Per data from MarketBeat on September 18, 2026, ConocoPhillips stock has risen from USD 93.60 at the start of 2026 to around USD 131.85, marking a year-to-date gain of roughly 40.9 percent as investors have rewarded the company's exposure to higher energy prices and its capital return profile.
According to Upstox on September 19, 2026, the shares last traded at USD 131.82, down 0.97 percent from the previous close of USD 133.11, with the stock opening at USD 132.51 on the day and the company's market capitalization at about USD 165.04 billion.
Analyst stance and risks
The same earnings preview from Scanx Trade highlights that ConocoPhillips carries a Buy consensus rating and currently trades below the 180-day average analyst price forecast, suggesting that analysts see further upside potential if commodity markets remain supportive.
In July 2026, Susquehanna reiterated its Positive rating and raised its price forecast for ConocoPhillips, while UBS and Truist Securities reiterated their ratings but cut their own price forecasts, according to the same Scanx Trade report, underlining that while the overall stance is constructive, there are differing views on how much room the stock has to run.
Closing price and investor angle
As of September 19, 2026, ConocoPhillips stock changed hands at around USD 131.82 on the New York Stock Exchange, giving the company a market capitalization of roughly USD 165.04 billion and leaving the shares slightly below their recent levels after a strong year-to-date rally and ahead of an earnings report that is expected to show sharply higher profit and revenue compared with the same quarter in 2025.
ConocoPhillips stock facts
- Company: ConocoPhillips
- ISIN: US20825C1045
- Ticker: COP
- Trading venue: NYSE
- Price (as of September 19, 2026): 131.82 USD
- Market capitalization: 165.04 billion USD (as of September 19, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Index membership: S&P 500
