Citigroup Forecasts Strong Price Appreciation for ConocoPhillips (NYSE:COP) Stock

ConocoPhillips (NYSE:COP) had its price objective increased by investment analysts at Citigroup from $115.00 to $125.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has a “buy” rating on the energy producer’s stock. Citigroup’s target price indicates a potential upside of 16.07% from the company’s previous close.

COP has been the topic of a number of other reports. Piper Sandler increased their price target on ConocoPhillips from $108.00 to $111.00 and gave the stock an “overweight” rating in a report on Friday. Wolfe Research increased their target price on shares of ConocoPhillips from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Susquehanna lifted their price target on shares of ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research note on Friday. Wells Fargo & Company upped their price objective on shares of ConocoPhillips from $132.00 to $133.00 and gave the company an “overweight” rating in a report on Friday. Finally, Roth Mkm restated a “buy” rating and issued a $112.00 target price on shares of ConocoPhillips in a research note on Thursday. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, ConocoPhillips has a consensus rating of “Moderate Buy” and a consensus price target of $114.35.

ConocoPhillips Stock Performance

Shares of ConocoPhillips stock opened at $107.69 on Friday. The business has a 50-day moving average price of $96.50 and a two-hundred day moving average price of $93.72. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $108.43. The company has a current ratio of 1.30, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. The company has a market cap of $133.07 billion, a P/E ratio of 16.99 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last announced its earnings results on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.21). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The business had revenue of $13.86 billion for the quarter, compared to the consensus estimate of $14.35 billion. During the same quarter in the previous year, the company earned $1.98 EPS. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. As a group, analysts anticipate that ConocoPhillips will post 8.16 EPS for the current year.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, Director William H. Mcraven bought 5,768 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average price of $86.68 per share, for a total transaction of $499,970.24. Following the acquisition, the director directly owned 5,768 shares of the company’s stock, valued at approximately $499,970.24. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips 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 transaction, the chief executive officer owned 325,972 shares of the company’s stock, 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. Corporate 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. Duncan Williams Asset Management LLC grew its stake in shares of ConocoPhillips by 4.4% in the 4th quarter. Duncan Williams Asset Management LLC now owns 2,370 shares of the energy producer’s stock worth $222,000 after acquiring an additional 100 shares in the last quarter. Wedge Capital Management L L P NC lifted its position in shares of ConocoPhillips by 4.1% during the fourth quarter. Wedge Capital Management L L P NC now owns 2,570 shares of the energy producer’s stock valued at $241,000 after purchasing an additional 101 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in ConocoPhillips by 1.3% during the fourth quarter. Strategic Blueprint LLC now owns 8,018 shares of the energy producer’s stock worth $751,000 after purchasing an additional 101 shares during the last quarter. Chesapeake Wealth Management grew its position in ConocoPhillips by 1.5% in the 4th quarter. Chesapeake Wealth Management now owns 7,160 shares of the energy producer’s stock worth $670,000 after purchasing an additional 103 shares in the last quarter. Finally, Oregon Pacific Wealth Management LLC grew its position in ConocoPhillips by 4.5% in the 4th quarter. Oregon Pacific Wealth Management LLC now owns 2,414 shares of the energy producer’s stock worth $226,000 after purchasing an additional 104 shares in the last quarter. 82.36% of the stock is currently owned by institutional investors.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Management committed to returning 45% of operating cash flow to shareholders (boosting yield/total-return prospects), supported by strong reported cash generation. ConocoPhillips Stock Still Looks Cheap – What’s The Best Play Here?
• Positive Sentiment: Wells Fargo raised its price target to $133 and kept an overweight rating — a material upside call that can attract momentum buyers. Wells Fargo raises PT to $133
• Neutral Sentiment: CEO Ryan Lance signaled a shift toward organic growth and international expansion (less M&A focus) — a strategic pivot that could change capital allocation and growth tempo over time. Analyst: Focus on organic growth
• Neutral Sentiment: Articles flag a Venezuela monetization-first approach (collect payments/settlements before ramping drilling) — could unlock value but is execution- and timing-dependent. Venezuela strategy piece
• Negative Sentiment: Q4 results missed consensus: non‑GAAP EPS $1.02 vs. estimates (~$1.23) and revenue slightly below expectations; management cited weaker realized oil prices — the miss pressured shares and remains a near-term earnings risk. Reuters: Q4 earnings miss
• Negative Sentiment: JPMorgan’s updated target ($103, neutral) implies limited near-term upside from current levels — a restraint on bullish investor positioning. JPMorgan maintains neutral PT $103

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.