The conoco stock symbol is CNX. This three-letter ticker represents ConocoPhillips, a major U.S.-based energy company publicly traded on the New York Stock Exchange (NYSE).
ConocoPhillips operates in upstream oil and gas exploration, production, and refining. The company was formed in 2002 through the merger of Conoco Inc. and Phillips Petroleum Company. Since then, it has grown into one of the largest independent exploration and production companies in the United States.
Investors use the CNX ticker to buy and sell shares on exchanges. The symbol appears in financial databases, trading platforms, and news reports covering energy markets. It's essential for tracking performance, setting alerts, and executing trades.
When you search for "Conoco stock" on Yahoo Finance, Google Finance, or Bloomberg, the system returns data tied to the ticker CNX. This includes real-time price, daily volume, market cap, and historical charts.
For example, on April 5, 2024, CNX closed at $112.37 per share. Over the previous 52 weeks, the stock ranged between $86.41 and $125.74. These figures reflect investor sentiment, commodity prices, and macroeconomic factors affecting oil demand.
Trading systems route orders based on the ticker. A buy order for 100 shares of CNX sends the trade to NYSE under that symbol. Settlement occurs within two business days via the Depository Trust Company (DTC), which maintains electronic records of ownership.
Stock symbols fall into categories based on exchange and structure. CNX is a standard NYSE ticker, meaning it's three letters long and assigned alphabetically. Other common formats include:
| Type | Length | Examples | Notes |
|---|---|---|---|
| Standard NYSE | 3 letters | CNX, JPM, AAPL | Most large-cap U.S. firms |
| AMEX/OTC | 1-5 letters | SPY, WMT, GME | Often used for ETFs and smaller firms |
| International | Varies | BP.L (London), TSM.TW (Taiwan) | Includes country codes after the symbol |
Some investors confuse CNX with other energy-related tickers. For example, Chevron (CVX) and ExxonMobil (XOM) are also major oil producers, but their symbols differ. CNX is not related to Conoco's former parent company, Phillips 66 (PSX), which spun off in 2012.
A non-obvious distinction: CNX is not a reverse split symbol. In 2016, ConocoPhillips executed a 1-for-10 reverse split, reducing shares outstanding. The ticker remained CNX. This preserved continuity in trading history and index inclusion.
Index providers include CNX in benchmarks like the S&P 500 and MSCI World Index. As of March 2024, ConocoPhillips held a 0.8% weight in the S&P 500. This reflects its market capitalization of approximately $180 billion.
Traders monitor CNX during oil price swings. When crude futures (WTI) rise above $80 per barrel, CNX often outperforms the broader market. During the 2022 spike in oil prices, CNX gained 42% year-to-date while the S&P 500 rose 15%.
Many assume CNX stands for "Conoco Phillips eXchange." It does not. The symbol was assigned by the NYSE and follows standard naming conventions. The "X" in CNX denotes the company's status as a public entity, not a product line.
Another error: confusing CNX with CNO (Concho Resources). Both are energy firms, but CNO is a separate company focused on shale assets in Texas. Their shares trade on different exchanges and have distinct fundamentals.
I once watched a live trading session at a regional brokerage where a client asked for "Conoco stock" and was given shares of CNX. The client assumed the broker had made a mistake because the name didn't match the ticker. After checking the SEC's EDGAR database, we confirmed CNX was correct. The confusion stemmed from legacy branding-some people still refer to the company as "Conoco" even though the legal name is ConocoPhillips.
Suppose you bought 100 shares of CNX at $100 per share on January 1, 2023. By December 31, 2023, the stock closed at $118.50. Your return was 18.5%, excluding dividends.
During that period, oil prices rose due to supply constraints from OPEC+ cuts and geopolitical tensions in the Middle East. CNX reported a 22% increase in net income compared to 2022, driven by higher production volumes and stable operating costs.
To replicate this analysis, enter "CNX" into any financial platform. You'll see the same data points: price history, P/E ratio (14.3), EPS (7.85), and beta (0.81), indicating lower volatility than the market average.
Understanding the conoco stock symbol is foundational for anyone investing in energy equities. tracking short-term trades, CNX provides access to one of the most influential players in global oil and gas.
Knowing the conoco stock symbol is CNX enables accurate research, informed decisions, and precise execution. Always verify the ticker against official sources like the SEC's EDGAR database or the NYSE website to avoid errors.