ConocoPhillips (NYSE:COP) Stock Price Expected to Rise, Wolfe Research Analyst Says

ConocoPhillips (NYSE:COP) had its target price lifted by research analysts at Wolfe Research from $122.00 to $123.00 in a research report issued on Monday,MarketScreener reports. The brokerage presently has an “outperform” rating on the energy producer’s stock. Wolfe Research’s target price would suggest a potential upside of 23.14% from the company’s current price.

Several other analysts have also issued reports on COP. Capital One Financial increased their price objective on ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $98.00 price target on shares of ConocoPhillips in a research note on Tuesday, January 20th. Morgan Stanley reduced their price target on ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a report on Friday. Jefferies Financial Group restated a “buy” rating on shares of ConocoPhillips in a report on Monday, December 15th. Finally, Roth Mkm lifted their target price on shares of ConocoPhillips from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Sixteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.96.

ConocoPhillips Stock Up 1.5%

Shares of ConocoPhillips stock opened at $99.88 on Monday. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $106.20. The company has a market cap of $123.43 billion, a P/E ratio of 14.13, a P/E/G ratio of 3.12 and a beta of 0.32. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average price of $93.79 and a 200 day moving average price of $93.05.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.20. The business had revenue of $15.03 billion during the quarter, compared to analyst estimates of $14.51 billion. ConocoPhillips had a net margin of 14.25% and a return on equity of 13.64%. The firm’s revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 earnings per share. As a group, analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, Director William H. Mcraven acquired 5,768 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average price of $86.68 per share, with a total value of $499,970.24. Following the transaction, the director owned 5,768 shares of the company’s stock, valued at approximately $499,970.24. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the sale, the chief executive officer directly owned 325,972 shares in the company, valued at $30,152,410. This trade represents a 60.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

Several large investors have recently bought and sold shares of COP. Howard Hughes Medical Institute acquired a new position in shares of ConocoPhillips during the second quarter valued at about $25,000. Cloud Capital Management LLC acquired a new position in ConocoPhillips in the 3rd quarter valued at approximately $26,000. Bogart Wealth LLC lifted its position in shares of ConocoPhillips by 136.8% in the 2nd quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock worth $28,000 after acquiring an additional 182 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of ConocoPhillips during the 3rd quarter worth approximately $28,000. Finally, Board of the Pension Protection Fund bought a new stake in shares of ConocoPhillips during the fourth quarter valued at approximately $28,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Libya signed a roughly $20 billion oil deal that includes TotalEnergies and ConocoPhillips, which could expand COP’s long‑term production exposure and revenue potential. Libya $20B deal
• Positive Sentiment: Wolfe Research nudged its price target higher to $123 and maintained an “outperform” rating, giving the stock fresh analyst momentum and supporting upside expectations. Wolfe Research PT raise
• Positive Sentiment: Street coverage is constructive: consensus ratings cluster around “Moderate Buy” and at least one reported price target bump to $105, reinforcing analyst support for shares. Moderate Buy consensus PT raised to $105
• Positive Sentiment: Recent investor commentary and analysis note COP’s appreciation potential based on cash flow, capital returns and portfolio quality, which can attract longer‑term buyers. Seeking Alpha analysis
• Neutral Sentiment: ConocoPhillips says a planned Alaska drilling project will be unaffected by the rig fall, which limits near‑term disruption risk if the claim holds. Planned Alaska drilling unaffected
• Neutral Sentiment: MarketWatch notes COP has gained on the day but still lags some peers, highlighting relative performance pressure that may cap immediate rallies. MarketWatch underperformance note
• Neutral Sentiment: Shares were suspended for a ConocoPhillips exploration partner, creating short‑term uncertainty around that project segment until the suspension is resolved. Partner shares suspended
• Negative Sentiment: A massive North Slope oil rig toppled and remains unstable, raising operational, environmental and regulatory risk that could lead to higher costs, delays or reputational impact. Toppled North Slope rig
• Negative Sentiment: Company statements that it will continue ambitious winter drilling despite the rig incident show operational resolve but also highlight ongoing exposure to safety, cost and schedule risks. Company to continue winter drilling

About ConocoPhillips

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.