ConocoPhillips (NYSE:COP) Price Target Raised to $144.00

ConocoPhillips (NYSE:COP) had its price objective hoisted by UBS Group from $130.00 to $144.00 in a research note published on Thursday,Benzinga reports. They currently have a buy rating on the energy producer’s stock.

A number of other equities research analysts have also commented on the stock. The Goldman Sachs Group raised their price objective on shares of ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Bank of America reaffirmed an “underperform” rating and issued a $102.00 target price on shares of ConocoPhillips in a research note on Friday, January 16th. Citigroup increased their target price on ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. BMO Capital Markets lifted their price target on ConocoPhillips from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $117.54.

ConocoPhillips Price Performance

NYSE COP opened at $117.25 on Thursday. The business has a 50 day simple moving average of $104.22 and a 200 day simple moving average of $96.17. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $122.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.30. The stock has a market cap of $144.89 billion, a price-to-earnings ratio of 18.49, a PEG ratio of 2.97 and a beta of 0.27.

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 return on equity of 11.90% and a net margin of 12.98%.The company had revenue of $13.86 billion for the quarter, compared to analyst estimates of $14.35 billion. During the same quarter last year, the business posted $1.98 earnings per share. The business’s quarterly revenue was down 3.7% on a year-over-year basis. Analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were issued a dividend of $0.84 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.9%. ConocoPhillips’s payout ratio is presently 53.00%.

Insiders Place Their Bets

In other ConocoPhillips news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the completion of the sale, 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. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

Several institutional investors and hedge funds have recently modified their holdings of the stock. Union Savings Bank bought a new stake in shares of ConocoPhillips during the 4th quarter worth about $148,000. Hsbc Holdings PLC grew its stake in ConocoPhillips by 7.4% in the 4th quarter. Hsbc Holdings PLC now owns 2,992,999 shares of the energy producer’s stock valued at $280,192,000 after buying an additional 207,459 shares during the last quarter. Redwood Family Wealth LLC bought a new position in ConocoPhillips in the 4th quarter valued at about $326,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in ConocoPhillips in the 4th quarter valued at about $25,000. Finally, Bayban acquired a new stake in ConocoPhillips during the fourth quarter worth approximately $42,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target on COP to $144 with a Buy rating, giving the shares clear analyst support and a sizable upside thesis that likely helped the rally. UBS price target raise (Benzinga)
• Positive Sentiment: BMO Capital Markets reiterated/forecast strong price appreciation for COP, and a separate report notes a price‑target raise to $135 — multiple upgrades are boosting investor confidence and inflows. BMO forecast (American Banking News)
• Neutral Sentiment: Investors and outlets are reassessing COP’s valuation after the recent share gains; analysis pieces flag the stock’s strong momentum but question how much cash‑flow upside is already priced in — useful context for longer‑term holders. Assessing ConocoPhillips Valuation (Yahoo Finance)
• Neutral Sentiment: Sector commentary notes upside if oil revisits $100/bbl — that scenario would materially boost cash flow and dividends for major producers like COP, but it remains speculative while WTI trades around $80. If Oil Hits $100 (247WallSt)
• Negative Sentiment: Jim Cramer flagged an oil sell‑off as the start of a broader bull market while noting shares of large names including ConocoPhillips are sliding in that environment — short‑term sentiment swings in oil are creating volatility for COP. Jim Cramer: oil sell-off context (Benzinga)
• Negative Sentiment: Louisiana officials say a major coastal‑damage lawsuit with ConocoPhillips is close to settlement — a potential legal payout or remediation obligation is an overhang that could pressure sentiment until terms are disclosed. Louisiana lawsuit settlement near (NOLA)
• Negative Sentiment: MarketWatch notes COP underperformed peers on a recent session — relative weakness versus competitors can trigger short‑term fund flows away from the stock even as the broader sector rallies. COP underperformance vs peers (MarketWatch)

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.