ConocoPhillips Q1 EPS Forecast Lowered by Zacks Research

ConocoPhillips (NYSE:COP) – Stock analysts at Zacks Research lowered their Q1 2026 earnings estimates for ConocoPhillips in a research report issued on Wednesday, October 29th. Zacks Research analyst Team now forecasts that the energy producer will post earnings of $1.46 per share for the quarter, down from their prior forecast of $1.54. The consensus estimate for ConocoPhillips’ current full-year earnings is $8.16 per share. Zacks Research also issued estimates for ConocoPhillips’ Q2 2026 earnings at $1.32 EPS, Q3 2026 earnings at $1.17 EPS, Q4 2026 earnings at $1.25 EPS, Q1 2027 earnings at $1.77 EPS, Q2 2027 earnings at $1.66 EPS, Q3 2027 earnings at $1.78 EPS and FY2027 earnings at $6.97 EPS.

ConocoPhillips (NYSE:COP) last released its quarterly earnings data on Thursday, August 7th. The energy producer reported $1.42 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $14.39 billion. During the same quarter in the previous year, the company posted $1.98 earnings per share. The firm’s revenue was up 4.3% on a year-over-year basis.

A number of other equities analysts also recently commented on the company. BMO Capital Markets lifted their target price on ConocoPhillips from $115.00 to $117.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Wolfe Research reduced their price objective on ConocoPhillips from $137.00 to $130.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Royal Bank Of Canada boosted their price objective on ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Melius started coverage on ConocoPhillips in a research report on Wednesday, August 20th. They set a “hold” rating and a $117.00 price objective for the company. Finally, Melius Research started coverage on shares of ConocoPhillips in a report on Wednesday, August 20th. They set a “hold” rating and a $117.00 price target for the company. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.63.

ConocoPhillips Trading Up 0.0%

NYSE COP opened at $88.11 on Thursday. ConocoPhillips has a one year low of $79.88 and a one year high of $115.38. The company has a 50-day simple moving average of $92.81 and a 200-day simple moving average of $91.97. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.10 and a current ratio of 1.27. The firm has a market capitalization of $110.04 billion, a PE ratio of 11.83, a price-to-earnings-growth ratio of 2.36 and a beta of 0.62.

ConocoPhillips Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were issued a $0.78 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $3.12 annualized dividend and a yield of 3.5%. ConocoPhillips’s dividend payout ratio is presently 41.88%.

Institutional Investors Weigh In On ConocoPhillips

Several institutional investors have recently bought and sold shares of the stock. Howard Hughes Medical Institute acquired a new stake in shares of ConocoPhillips in the 2nd quarter worth approximately $25,000. Bogart Wealth LLC lifted its holdings in shares of ConocoPhillips by 136.8% in the second quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock valued at $28,000 after buying an additional 182 shares during the period. Activest Wealth Management lifted its holdings in shares of ConocoPhillips by 249.5% in the second quarter. Activest Wealth Management now owns 325 shares of the energy producer’s stock valued at $29,000 after buying an additional 232 shares during the period. Financial Network Wealth Advisors LLC lifted its holdings in shares of ConocoPhillips by 341.5% in the first quarter. Financial Network Wealth Advisors LLC now owns 287 shares of the energy producer’s stock valued at $30,000 after buying an additional 222 shares during the period. Finally, Cedar Mountain Advisors LLC lifted its holdings in shares of ConocoPhillips by 58.0% in the third quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock valued at $30,000 after buying an additional 116 shares during the period. Institutional investors and hedge funds own 82.36% of the company’s stock.

About ConocoPhillips

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.