How To Buy Conocophillips Stock

You can buy Conocophillips shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Conocophillips shares with a broker like eToro or you can trade Conocophillips CFDs with XTB you can begin trading Conocophillips shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Conocophillips stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Trading212 Plus500 FXPrimus FP Markets
Rating
Used By 12,000,000+ 250,000+ 14,000,000+ 15,500+ 10,000+ 10,000+
Share Dealing USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :
USA stocks :
UK shares :
CFD trading :

Scroll down to read our indepth article on How To Buy Conocophillips Stock. What you should know, Types of trading Conocophillips Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Conocophillips Stock Table of Contents

Conocophillips Financial Details

Financial Details

Conocophillips Stock symbol COP
Conocophillips Sector and Industry Energy Oil, Gas & Coal
Conocophillips Exchange NYSE - New York Stock Exchange
52 Week High $71.01
52 Week Low $50.13
Conocophillips Market Capitalisation $66,176,294,896.00
Conocophillips Average Volume 5,745,494.00
Conocophillips PE 8.2
Conocophillips EPS 7.35
Stock Currency USD

Overview of Conocophillips

Conocophillips is an American Energy Oil, Gas & Coal company currently traded on the NYSE which fully known as the New York Stock Exchange.

Conocophillips trades under the stock symbol COP on the NYSE.

Conocophillips shares are exchanged in USD on the NYSE.

Conocophillips has a current share price of $60.28 USD dated 31/01/2020.

The highest Conocophillips share price over the last 52 weeks was $71.01 USD and its lowest price over the last 52 weeks was $50.13 USD. That is a 52 week price range of $50.13 - $71.01.

Conocophillips Trading Volume and PE

Conocophillips currently has 1,097,269,000.00 active shares in circulation traded through the NYSE exchange.

Conocophillips market capitalization is $66,176,294,896.00 with an average daily trading volume of 5,745,494.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Conocophillips has a Price Earning Ratio ( PE ) of 8.2 and earning per share ( EPS ) of 7.35. Generally speaking Conocophillips having a high P/E ratio means that Conocophillips investors forsee increased growth with Conocophillips in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Conocophillips earnings per share is Disney company profit that's allocated to every Conocophillips common stock. Earnings per share is calculated by taking the difference between Conocophillips's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Conocophillips shares outstanding.

Conocophillips Financial Charts

Financial Details

Conocophillips Information

Conocophillips Location & Contact Information

Address 600 North Dairy Ashford Houston, TX 77079 United States
Phone Number 1-281-293-1000
Website URL www.conocophillips.com

Conocophillips Executives and Board Members

Chairman/CEO Ryan M Lance
Chief Technology Officer Gregory P Leveille Greg
Pres:Asia Pacific & Middle East W L Bullock Jr
Conocophillips Board Member Ryan M Lance
Conocophillips Board Member John Vincent Faraci
Conocophillips Board Member Robert A Niblock

How To Buy Conocophillips Stock Guide

Buying Conocophillips Stocks and CFDs

When investing in Conocophillips you have several options as to what type of investment you wish to conduct. You can buy traditional Conocophillips shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Conocophillips shares with stock brokers and trading Conocophillips with CFDs below.

Conocophillips CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Conocophillips stock.

If you buy Conocophillips shares with a stock broker you actually own a share of Conocophillips. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Conocophillips price will change up or down.

Lets explain why you would buy Conocophillips as a CFD instead of as a share.

If you went and brought 100 Conocophillips shares at $100 a share with a stock broker you own $1000 of Conocophillips.

The main difference when trading Conocophillips as a CFD and buying Conocophillips as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Conocophillips you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Conocophillips. Trading an Conocophillips CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Conocophillips CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Conocophillips share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Conocophillips CFD long would be hoping to profit from a rise in the Conocophillips share price. An Conocophillips CFD short would be aiming to profit from a fall in the Conocophillips stock price. Trading CFDs allows traders to profit from both directions of the Conocophillips price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Conocophillips shares you can only profit from a rise in the Conocophillips stock price.

Conocophillips CFD and Stock Market Times

When trading in traditional Conocophillips shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Conocophillips Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Conocophillips stock. This limits your risk to your initial amount invested in Conocophillips. You can only lose the amount invested with traditional Conocophillips shares. Another benefit of buying Conocophillips shares with a broker is that you may be eligible to receive Conocophillips company dividends if applicable.

If you Invest in Conocophillips via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Conocophillips. If you buy Conocophillips stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Conocophillips benefits as in owning a certain amount of stock for a set period.

If you own shares in Conocophillips you may be eligible to voting rights at Conocophillips shareholder general meetings.

Conocophillips Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Conocophillips Stocks and shares are only exempt from tax if the Conocophillips shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Conocophillips Stocks and Shares or Conocophillips CFDs?

There are pros and cons to trading in both Conocophillips Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Conocophillips stocks and shares is better suited for long term investments. Historically Conocophillips shares provide better returns over the long term, usually a 10 year period.

Conocophillips CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Conocophillips share investors aim to profit on the fluctuating highs and lows of the Conocophillips price throughout the day. Day trading as you can imagine focuses on profiting from the daily Conocophillips stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Conocophillips stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Conocophillips share price for example to a known amount.

Example Cost of Buying Conocophillips as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Conocophillips CFD trade example Conocophillips Share deal example
Market price $60.28 $60.28
Broker Deal Invest $12.056 at 1:5 Margin (20%) Buy at $60.28 a share
Deal size 100 shares 100 shares
Initial outlay

$1205.6

(Margin = exposure x 20% margin factor)

$6028

(100 shares at $60.28)
Stamp duty No £20
Close price Sell at $72.336 Sell at $72.336
Estimated Profit

(12.056 point increase x 100 shares = $1205.6)

*Not including commission fees and taxes

($7233.6 - $6028 = $1205.6)

*Not including commission fees and taxes
Trade Conocophillips CFDs now with XTB Trade Conocophillips Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Conocophillips shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Conocophillips.