Conoco Phillips (COP) Stock Split History

Conoco Phillips has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 05, 1985 with the ratio of 3-for-1, meaning that for 1 share of COP owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on June 02, 2005 on a 2-for-1 basis.

These actions have increased COP stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Conoco Phillips's total market capitalization.

For more detailed information of Conoco Phillips's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Conoco Phillips has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when COP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Conoco Phillips's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.