Cullen Investment Group LTD. Buys 31,238 Shares of ConocoPhillips $COP

Cullen Investment Group LTD. grew its stake in shares of ConocoPhillips (NYSE:COP) by 661.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 35,964 shares of the energy producer’s stock after buying an additional 31,238 shares during the period. Cullen Investment Group LTD.’s holdings in ConocoPhillips were worth $3,507,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Howard Hughes Medical Institute bought a new position in ConocoPhillips in the second quarter valued at $25,000. Cloud Capital Management LLC bought a new stake in ConocoPhillips during the third quarter worth about $26,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of ConocoPhillips in the 3rd quarter worth about $28,000. Board of the Pension Protection Fund purchased a new position in shares of ConocoPhillips in the 4th quarter worth about $28,000. Finally, Strive Asset Management LLC bought a new position in shares of ConocoPhillips during the 3rd quarter valued at about $28,000. 82.36% of the stock is owned by institutional investors.

Insider Buying and Selling at ConocoPhillips

In other news, EVP Nicholas G. Olds sold 6,994 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $127.06, for a total transaction of $888,657.64. Following the completion of the transaction, the executive vice president directly owned 5,395 shares of the company’s stock, valued at approximately $685,488.70. This represents a 56.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Andrew D. Lundquist sold 34,500 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following the sale, the senior vice president owned 17,469 shares of the company’s stock, valued at approximately $2,090,689.92. This represents a 66.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 621,670 shares of company stock worth $78,320,133 over the last ninety days. 0.24% of the stock is owned by company insiders.

ConocoPhillips Price Performance

COP opened at $128.85 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. The stock’s 50 day simple moving average is $111.16 and its 200 day simple moving average is $98.54. The firm has a market cap of $159.22 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 3.20 and a beta of 0.27. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $131.00.

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

ConocoPhillips Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were issued a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is currently 53.00%.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analysts/industry pieces highlight ConocoPhillips as well-positioned among integrated U.S. energy names despite headwinds, supporting longer‑term demand for COP exposure. 3 US Integrated Energy Stocks to Gain Despite Industry Headwinds
• Positive Sentiment: CEO Ryan Lance told press that while roughly 20% of global LNG capacity isn’t flowing after recent strikes, the impact is “manageable” for ConocoPhillips — messaging that suggests the company expects limited long‑term operational disruption. CNBC Interview with CEO Ryan Lance
• Neutral Sentiment: Options/derivatives desks note COP looks like a candidate for covered‑call strategies given elevated price targets and volatility — a signal some investors see as opportunity to harvest premium rather than chase upside. Covered Call COP Plays Look Attractive
• Neutral Sentiment: Local/community initiatives and bullish retail writeups (articles debating buy theses) keep positive investor interest but are unlikely to move the stock materially on their own. UTPB Small Biz Builder program
• Negative Sentiment: Multiple insider sales were disclosed this week: SVP Kelly Brunetti Rose sold 7,700 shares, EVP Nicholas Olds sold ~6,994 shares, and reports show CEO Ryan Lance executed a large sale (506,800 shares). Significant insider selling can increase investor caution about near‑term positioning. Kelly Brunetti Rose insider sale Ryan Lance sale report
• Negative Sentiment: Geopolitical/operational risk: ConocoPhillips is urging the U.S. to expand protection around Qatari energy assets after Iranian strikes damaged facilities; the company reported evacuations and heightened security — a near‑term risk to LNG operations and project timelines. ConocoPhillips Seeks US Protection (Qatar)
• Negative Sentiment: Some sell‑side activity is cautious: Truist initiated a “hold” with a modest downside target and other mixed analyst notes continue to create a range of price expectations, tempering near‑term upside. (See multiple analyst notes summarized in recent coverage.)

Analysts Set New Price Targets

A number of equities analysts recently weighed in on COP shares. Barclays raised their price objective on ConocoPhillips from $118.00 to $128.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Susquehanna increased their price target on shares of ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research report on Friday, February 6th. Citigroup boosted their price objective on shares of ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Argus upped their price objective on shares of ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a research note on Friday, February 13th. Finally, The Goldman Sachs Group increased their target price on shares of ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $120.52.

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.