ConocoPhillips (NYSE:COP) Price Target Raised to $121.00

ConocoPhillips (NYSE:COP) had its price target lifted by Susquehanna from $115.00 to $121.00 in a research report sent to investors on Friday,MarketScreener reports. Susquehanna currently has a positive rating on the energy producer’s stock.

A number of other brokerages also recently issued reports on COP. Morgan Stanley reduced their price target on ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of ConocoPhillips in a research report on Monday, December 29th. Capital One Financial increased their price target on shares of ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 20th. Wall Street Zen raised ConocoPhillips from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, UBS Group raised their target price on ConocoPhillips from $117.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Seventeen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ConocoPhillips presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.35.

ConocoPhillips Trading Up 2.6%

Shares of COP stock opened at $107.69 on Friday. The business has a 50-day moving average of $96.50 and a 200 day moving average of $93.71. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $108.43. The stock has a market capitalization of $133.07 billion, a PE ratio of 16.99 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last released its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.21). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The company had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. During the same period last year, the company posted $1.98 EPS. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th will be paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Wednesday, February 18th. ConocoPhillips’s payout ratio is currently 47.52%.

Insider Buying and Selling at ConocoPhillips

In related news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the transaction, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. This trade represents a 60.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.24% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of COP. Duncan Williams Asset Management LLC lifted its position in shares of ConocoPhillips by 4.4% in the fourth quarter. Duncan Williams Asset Management LLC now owns 2,370 shares of the energy producer’s stock valued at $222,000 after acquiring an additional 100 shares in the last quarter. Wedge Capital Management L L P NC lifted its position in shares of ConocoPhillips by 4.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 2,570 shares of the energy producer’s stock worth $241,000 after buying an additional 101 shares in the last quarter. Strategic Blueprint LLC raised its holdings in shares of ConocoPhillips by 1.3% during the 4th quarter. Strategic Blueprint LLC now owns 8,018 shares of the energy producer’s stock worth $751,000 after acquiring an additional 101 shares in the last quarter. Chesapeake Wealth Management raised its stake in ConocoPhillips by 1.5% during the fourth quarter. Chesapeake Wealth Management now owns 7,160 shares of the energy producer’s stock valued at $670,000 after purchasing an additional 103 shares in the last quarter. Finally, Oregon Pacific Wealth Management LLC grew its stake in shares of ConocoPhillips by 4.5% in the 4th quarter. Oregon Pacific Wealth Management LLC now owns 2,414 shares of the energy producer’s stock worth $226,000 after buying an additional 104 shares in the last quarter. Institutional investors own 82.36% of the company’s stock.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Management committed to returning 45% of operating cash flow to shareholders (boosting yield/total-return prospects), supported by strong reported cash generation. ConocoPhillips Stock Still Looks Cheap – What’s The Best Play Here?
• Positive Sentiment: Wells Fargo raised its price target to $133 and kept an overweight rating — a material upside call that can attract momentum buyers. Wells Fargo raises PT to $133
• Neutral Sentiment: CEO Ryan Lance signaled a shift toward organic growth and international expansion (less M&A focus) — a strategic pivot that could change capital allocation and growth tempo over time. Analyst: Focus on organic growth
• Neutral Sentiment: Articles flag a Venezuela monetization-first approach (collect payments/settlements before ramping drilling) — could unlock value but is execution- and timing-dependent. Venezuela strategy piece
• Negative Sentiment: Q4 results missed consensus: non‑GAAP EPS $1.02 vs. estimates (~$1.23) and revenue slightly below expectations; management cited weaker realized oil prices — the miss pressured shares and remains a near-term earnings risk. Reuters: Q4 earnings miss
• Negative Sentiment: JPMorgan’s updated target ($103, neutral) implies limited near-term upside from current levels — a restraint on bullish investor positioning. JPMorgan maintains neutral PT $103

ConocoPhillips Company Profile

ConocoPhillips (NYSE: COP) is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company’s activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.