ConocoPhillips Q4 EPS Forecast Boosted by Zacks Research

ConocoPhillips (NYSE:COP) – Research analysts at Zacks Research boosted their Q4 2026 EPS estimates for shares of ConocoPhillips in a research report issued on Monday, September 1st. Zacks Research analyst Team now expects that the energy producer will earn $1.47 per share for the quarter, up from their previous forecast of $1.44. The consensus estimate for ConocoPhillips’ current full-year earnings is $8.16 per share. Zacks Research also issued estimates for ConocoPhillips’ Q1 2027 earnings at $1.78 EPS.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings data on Thursday, August 7th. The energy producer reported $1.42 EPS for the quarter, beating the consensus estimate of $1.36 by $0.06. ConocoPhillips had a net margin of 15.26% and a return on equity of 14.60%. The firm had revenue of $14.94 billion during the quarter, compared to analyst estimates of $14.39 billion. During the same period last year, the firm posted $1.98 EPS. ConocoPhillips’s revenue was up 4.3% on a year-over-year basis.

COP has been the topic of a number of other research reports. Roth Capital reissued a “buy” rating on shares of ConocoPhillips in a research note on Wednesday. Mizuho decreased their price objective on ConocoPhillips from $127.00 to $125.00 and set an “outperform” rating on the stock in a report on Tuesday, May 13th. Melius initiated coverage on ConocoPhillips in a report on Wednesday, August 20th. They issued a “hold” rating and a $117.00 price objective on the stock. Susquehanna decreased their price objective on ConocoPhillips from $114.00 to $113.00 and set a “positive” rating on the stock in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $117.00 price objective (up previously from $113.00) on shares of ConocoPhillips in a report on Thursday, June 26th. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $120.95.

ConocoPhillips Stock Performance

COP opened at $95.70 on Thursday. ConocoPhillips has a 12-month low of $79.88 and a 12-month high of $116.08. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $119.52 billion, a PE ratio of 12.85, a P/E/G ratio of 2.48 and a beta of 0.69. The firm has a 50 day moving average of $94.70 and a two-hundred day moving average of $93.22.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th were issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, August 18th. ConocoPhillips’s payout ratio is currently 41.88%.

Insider Transactions at ConocoPhillips

In related news, EVP Kirk L. Johnson acquired 5,300 shares of ConocoPhillips stock in a transaction that occurred on Monday, June 16th. The shares were purchased at an average cost of $94.24 per share, for a total transaction of $499,472.00. Following the acquisition, the executive vice president owned 14,527 shares in the company, valued at approximately $1,369,024.48. This represents a 57.44% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

Institutional investors have recently bought and sold shares of the company. Triumph Capital Management grew its position in shares of ConocoPhillips by 6.7% during the fourth quarter. Triumph Capital Management now owns 2,364 shares of the energy producer’s stock worth $234,000 after buying an additional 149 shares in the last quarter. AXA S.A. grew its position in shares of ConocoPhillips by 7.7% during the fourth quarter. AXA S.A. now owns 42,526 shares of the energy producer’s stock worth $4,217,000 after buying an additional 3,056 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in ConocoPhillips in the fourth quarter valued at approximately $1,128,000. Cetera Investment Advisers boosted its holdings in ConocoPhillips by 2.3% in the fourth quarter. Cetera Investment Advisers now owns 327,974 shares of the energy producer’s stock valued at $32,525,000 after purchasing an additional 7,260 shares in the last quarter. Finally, Centiva Capital LP boosted its holdings in ConocoPhillips by 146.0% in the fourth quarter. Centiva Capital LP now owns 11,678 shares of the energy producer’s stock valued at $1,158,000 after purchasing an additional 6,930 shares in the last quarter. 82.36% of the stock is owned by institutional investors and hedge funds.

ConocoPhillips Company Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.