Zacks Research Expects Higher Earnings for ConocoPhillips

ConocoPhillips (NYSE:COP) – Zacks Research boosted their Q4 2025 earnings estimates for shares of ConocoPhillips in a research report issued on Monday, December 29th. Zacks Research analyst Team now expects that the energy producer will post earnings per share of $1.27 for the quarter, up from their previous forecast of $1.25. 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 $1.06 EPS, Q3 2026 earnings at $1.25 EPS, Q4 2026 earnings at $1.42 EPS, FY2026 earnings at $5.07 EPS, Q2 2027 earnings at $1.75 EPS and Q3 2027 earnings at $1.91 EPS.

A number of other research firms have also weighed in on COP. Capital One Financial raised their price objective on ConocoPhillips from $111.00 to $112.00 in a research report on Friday, October 3rd. Royal Bank Of Canada increased their target price on ConocoPhillips from $113.00 to $118.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Susquehanna reduced their price target on ConocoPhillips to $113.00 and set a “positive” rating for the company in a report on Monday, October 20th. BMO Capital Markets dropped their price target on shares of ConocoPhillips from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of ConocoPhillips in a research report on Monday. Nineteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, ConocoPhillips has an average rating of “Moderate Buy” and an average price target of $114.08.

ConocoPhillips Price Performance

COP stock opened at $93.60 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.18 and a current ratio of 1.32. The firm has a 50 day moving average price of $90.51 and a 200-day moving average price of $92.50. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $106.20. The firm has a market capitalization of $115.66 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 2.12 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, November 6th. The energy producer reported $1.61 EPS for the quarter, topping the consensus estimate of $1.41 by $0.20. The business had revenue of $15.03 billion for 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%. ConocoPhillips’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.78 earnings per share.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Howard Hughes Medical Institute bought a new stake in ConocoPhillips in the 2nd quarter worth approximately $25,000. Cloud Capital Management LLC bought a new position in shares of ConocoPhillips during the 3rd quarter valued at $26,000. Strive Asset Management LLC purchased a new position in shares of ConocoPhillips in the 3rd quarter worth $28,000. Bogart Wealth LLC grew 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 worth $28,000 after acquiring an additional 182 shares during the period. Finally, Cedar Mountain Advisors LLC grew 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 worth $30,000 after acquiring an additional 116 shares during the period. Institutional investors own 82.36% of the company’s stock.

Insider Buying and Selling at ConocoPhillips

In other ConocoPhillips news, Director William H. Mcraven acquired 5,768 shares of ConocoPhillips stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the acquisition, the director owned 5,768 shares of the company’s stock, valued at $499,970.24. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the transaction, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at approximately $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. Company insiders own 0.24% of the company’s stock.

ConocoPhillips Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a dividend of $0.84 per share. The ex-dividend date of this dividend was Monday, November 17th. This is an increase from ConocoPhillips’s previous quarterly dividend of $0.78. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.6%. ConocoPhillips’s dividend payout ratio is currently 47.52%.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Zacks raised several near‑term and multi‑year forecasts (FY2026, FY2027 and Q1‑2027), implying stronger future earnings assumptions that could support the stock. (Upgrades to FY/quarter estimates)
• Positive Sentiment: Brokerage consensus remains constructive — ConocoPhillips was given a “Moderate Buy” consensus by brokerages, which is supportive for investor sentiment. ConocoPhillips Given Consensus Recommendation
• Neutral Sentiment: The overall consensus full‑year EPS remains around $8.16, so while Zacks is tweaking quarterly figures, their long‑run view is largely unchanged — a sign of mixed but not dramatically different expectations.
• Neutral Sentiment: Several estimate changes are very small (e.g., Q2‑2026 and Q3‑2026 revisions by a few cents), which likely has limited direct impact on near‑term valuation.
• Negative Sentiment: Zacks cut a couple of quarter estimates (notably slight trims to Q3‑2026 and Q3‑2027), which is a modest negative signal for near‑term earnings visibility.
• Negative Sentiment: Operational risk: ConocoPhillips paused drilling in Australia after an unexpected high‑pressure gas encounter at Charlemont‑1 / Waarre C, which raises short‑term operational and cost uncertainty. COP’s Australian Drilling Campaign Yields Unexpected Gas Encounter

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.