ConocoPhillips (COP) – Research Analysts’ Weekly Ratings Changes

ConocoPhillips (NYSE: COP) has recently received a number of price target changes and ratings updates:

• 5/21/2026 – ConocoPhillips had its price target raised by Morgan Stanley from $149.00 to $153.00. They now have an “overweight” rating on the stock.
• 5/18/2026 – ConocoPhillips had its price target raised by Jefferies Financial Group Inc. from $160.00 to $161.00. They now have a “buy” rating on the stock.
• 5/18/2026 – ConocoPhillips had its price target lowered by Capital One Financial Corporation from $156.00 to $154.00. They now have an “equal weight” rating on the stock.
• 5/15/2026 – ConocoPhillips had its price target raised by Argus from $128.00 to $136.00. They now have a “buy” rating on the stock.
• 5/13/2026 – ConocoPhillips had its price target lowered by BMO Capital Markets from $140.00 to $135.00. They now have an “outperform” rating on the stock.
• 5/6/2026 – ConocoPhillips was downgraded by Freedom Capital from “strong-buy” to “hold”.
• 5/1/2026 – ConocoPhillips was given a new $128.00 price target by Truist Financial Corporation.
• 5/1/2026 – ConocoPhillips had its price target raised by Barclays PLC from $128.00 to $136.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – ConocoPhillips had its price target raised by Susquehanna from $149.00 to $152.00.
• 4/28/2026 – ConocoPhillips was upgraded by Zacks Research from “hold” to “strong-buy”.
• 4/28/2026 – ConocoPhillips had its price target raised by Morgan Stanley from $108.00 to $149.00. They now have an “overweight” rating on the stock.
• 4/27/2026 – ConocoPhillips had its price target raised by Raymond James Financial, Inc. from $118.00 to $145.00. They now have an “outperform” rating on the stock.
• 4/22/2026 – ConocoPhillips had its price target raised by Scotiabank from $100.00 to $125.00. They now have a “sector perform” rating on the stock.
• 4/21/2026 – ConocoPhillips had its price target raised by Susquehanna from $121.00 to $149.00. They now have a “positive” rating on the stock.
• 4/13/2026 – ConocoPhillips had its price target raised by Sanford C. Bernstein from $98.00 to $121.00. They now have an “outperform” rating on the stock.
• 4/13/2026 – ConocoPhillips had its price target raised by Jefferies Financial Group Inc. from $129.00 to $160.00. They now have a “buy” rating on the stock.
• 4/8/2026 – ConocoPhillips had its price target raised by Piper Sandler from $154.00 to $157.00. They now have an “overweight” rating on the stock.
• 4/8/2026 – ConocoPhillips had its price target raised by Royal Bank Of Canada from $118.00 to $152.00. They now have an “outperform” rating on the stock.
• 4/7/2026 – ConocoPhillips had its price target raised by BMO Capital Markets from $130.00 to $140.00. They now have an “outperform” rating on the stock.
• 4/6/2026 – ConocoPhillips had its price target raised by Wolfe Research from $138.00 to $144.00. They now have an “outperform” rating on the stock.
• 4/2/2026 – ConocoPhillips had its price target raised by Citigroup Inc. from $135.00 to $150.00. They now have a “buy” rating on the stock.
• 3/30/2026 – ConocoPhillips was upgraded by Zacks Research from “strong sell” to “hold”.
• 3/27/2026 – ConocoPhillips was upgraded by Scotiabank to “hold”.
• 3/27/2026 – ConocoPhillips had its price target raised by Morgan Stanley from $108.00 to $149.00. They now have an “overweight” rating on the stock.

ConocoPhillips Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a $0.84 dividend. The ex-dividend date is Monday, May 11th. This represents a $3.36 annualized dividend and a yield of 2.8%. ConocoPhillips’s payout ratio is 57.05%.

Insider Buying and Selling

In other ConocoPhillips news, EVP Nicholas G. Olds sold 14,522 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $119.36, for a total transaction of $1,733,345.92. Following the completion of the sale, the executive vice president directly owned 12,389 shares in the company, valued at $1,478,751.04. This represents a 53.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Kelly Brunetti Rose sold 8,500 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $118.04, for a total transaction of $1,003,340.00. Following the transaction, the senior vice president directly owned 32,984 shares of the company’s stock, valued at approximately $3,893,431.36. This trade represents a 20.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 734,891 shares of company stock valued at $93,345,692 in the last three months. 0.09% of the stock is owned by corporate insiders.

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.