Valuation + Options Snapshot

COP

$117.26 · 52-week range $85.57 – $135.87 · as of 2026-06-10

Value

Expensive

Volatility setup

Premium-rich

What the numbers show

  • Current P/E: 19.9× (no 5y history available).
  • FCF yield 5.5% — modest.
  • Dividend yield 2.87% — well covered by TTM FCF (1.9×).
  • YoY growth — revenue -1.4%, EPS -25.2%, FCF +475.2%.
  • Share count up 4.9% over 8 quarters — modest dilution.
  • ATM IV 36.3% vs trailing realized vol 29.2% — +7.1 vol points premium (premium-rich for sellers).
  • Liquid chain — ATM-band put OI 25,448.

Current P/E

19.9×

5y median P/E

vs 5y median

FCF yield

5.47%

Dividend yield

2.87%

Coverage (FCF / div)

1.9×

Revenue YoY

-1.4%

EPS YoY

-25.2%

FCF YoY

+475.2%

Shares Δ (8 quarters)

+4.9%

ATM implied vol

36.3%

Realized vol (1y)

29.2%

IV − RV

+7.1 pts

ATM-band put OI

25,448

Range position

27% above low

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This page is not a recommendation. It shows structural numbers and classification only. Whether COP is a name worth owning — at any price or strike — is the analyst work the paid Value Options Letter does every week.