Wolfe Research Lowers ConocoPhillips (NYSE:COP) Price Target to $126.00

ConocoPhillips (NYSE:COP) had its price objective lowered by analysts at Wolfe Research from $131.00 to $126.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The firm currently has an “outperform” rating on the energy producer’s stock. Wolfe Research’s price objective suggests a potential upside of 29.65% from the company’s previous close.

Several other equities analysts also recently commented on COP. Weiss Ratings restated a “hold (c-)” rating on shares of ConocoPhillips in a research note on Monday, December 29th. Morgan Stanley cut their price objective on shares of ConocoPhillips from $122.00 to $117.00 and set an “overweight” rating for the company in a report on Thursday, November 20th. Sanford C. Bernstein lowered their target price on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a report on Monday. Jefferies Financial Group reiterated a “buy” rating on shares of ConocoPhillips in a research report on Monday, December 15th. Finally, Mizuho boosted their price target on ConocoPhillips from $120.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Nineteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $113.19.

ConocoPhillips Stock Performance

NYSE:COP opened at $97.19 on Monday. The stock has a 50 day simple moving average of $91.10 and a 200 day simple moving average of $92.54. The stock has a market cap of $120.10 billion, a P/E ratio of 13.75, a PEG ratio of 2.65 and a beta of 0.32. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $106.20. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35.

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

Insiders Place Their Bets

In other ConocoPhillips news, Director William H. Mcraven acquired 5,768 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the transaction, the director directly owned 5,768 shares in the company, valued at $499,970.24. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction dated 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Howard Hughes Medical Institute bought a new stake in shares of ConocoPhillips during the 2nd quarter valued at approximately $25,000. Cloud Capital Management LLC bought a new position in ConocoPhillips in the 3rd quarter valued at approximately $26,000. Bogart Wealth LLC boosted its position in 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 in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in ConocoPhillips in the third quarter valued at approximately $28,000. Finally, Board of the Pension Protection Fund bought a new stake in shares of ConocoPhillips during the fourth quarter worth $28,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: U.S. signals the government may subsidize rebuilding Venezuela’s oil industry — this could finance re‑entry and capex for U.S. producers, improving the economics of restarting Venezuelan output and lifting long‑term reserves exposure for COP. Trump floats reimbursing US oil companies to rebuild Venezuela’s energy industry
• Positive Sentiment: Analyst/commentary highlights material upside if Conoco can convert its Venezuela claims into operating stakes — Seeking Alpha argues a $12B legal claim + Citgo auction proceeds could give COP low‑cost entry to large Orinoco Belt barrels (potentially hundreds of kbpd by 2030). That’s a clear long‑term growth narrative. ConocoPhillips: A Real Shot To Tap The Biggest Reserves Of Crude
• Positive Sentiment: Sector momentum: MarketBeat flagged COP as a core holding in energy ETFs benefiting from Venezuela headlines; broad energy flows could support COP if the rally extends. 3 Energy Plays to Watch as the Sector Reacts to New Developments
• Neutral Sentiment: Zacks notes COP’s strong earnings‑surprise history and model inputs that point toward another beat — positive for fundamentals but not an immediate catalyst without new guidance. Will ConocoPhillips (COP) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Unusually large call‑option activity suggests speculative bullish positioning by some investors; this adds short‑term volatility risk. (No link available)
• Neutral Sentiment: Local industry reaction pieces (Houston) reflect operational questions and contingent planning — useful for context but not an immediate earnings driver. Houston oil companies react as Venezuela turmoil raises questions about energy markets
• Negative Sentiment: Analyst price‑target cuts from Bernstein (to $98) and Wolfe Research (to $126) reduce near‑term upside expectations and can pressure the stock as investors re‑risk. ConocoPhillips price target lowered to $98 from $116 at Bernstein Wolfe adjusts price target on ConocoPhillips to $126 from $131
• Negative Sentiment: Reports that the Trump administration did not consult major oil firms before Venezuela actions raise execution and policy‑coordination risk — potential for delay, restrictions, or political backlash that would limit upside for COP. Trump administration has not consulted US oil majors about Venezuela, oil execs say

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.