The WACC of ConocoPhillips (COP) is 6.6%.
| Range | Selected | |
| Cost of equity | 6.30% - 8.00% | 7.15% |
| Tax rate | 29.20% - 33.20% | 31.20% |
| Cost of debt | 4.50% - 5.00% | 4.75% |
| WACC | 5.9% - 7.4% | 6.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.52 | 0.56 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.30% | 8.00% |
| Tax rate | 29.20% | 33.20% |
| Debt/Equity ratio | 0.15 | 0.15 |
| Cost of debt | 4.50% | 5.00% |
| After-tax WACC | 5.9% | 7.4% |
| Selected WACC | 6.6% | |