ConocoPhillips (NYSE:COP) Now Covered by Truist Financial

Truist Financial initiated coverage on shares of ConocoPhillips (NYSE:COP) in a research report report published on Tuesday morning, MarketBeat.com reports. The firm issued a hold rating and a $124.00 price objective on the energy producer’s stock.

A number of other brokerages have also weighed in on COP. UBS Group raised their price objective on ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Citigroup upped their target price on ConocoPhillips from $125.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Capital One Financial raised their price target on shares of ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 20th. Sanford C. Bernstein dropped their price target on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, BMO Capital Markets upped their price target on shares of ConocoPhillips from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $120.52.

ConocoPhillips Stock Performance

Shares of COP stock opened at $129.32 on Tuesday. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $131.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. The firm has a market capitalization of $159.81 billion, a P/E ratio of 20.40, a P/E/G ratio of 3.50 and a beta of 0.27. The company’s fifty day moving average price is $110.59 and its two-hundred day moving average price is $98.33.

ConocoPhillips (NYSE:COP) last announced its earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share 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 analyst estimates of $14.35 billion. During the same quarter in the prior year, the business earned $1.98 earnings per share. The firm’s revenue was down 3.7% on a year-over-year basis. On average, research analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is presently 53.00%.

Insiders Place Their Bets

In other ConocoPhillips news, EVP Nicholas G. Olds sold 6,994 shares of the stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $127.06, for a total value of $888,657.64. Following the sale, the executive vice president directly owned 5,395 shares of the company’s stock, valued at $685,488.70. This trade represents a 56.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Heather G. Hrap sold 2,654 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $119.68, for a total value of $317,630.72. Following the completion of the sale, the senior vice president owned 5,663 shares in the company, valued at $677,747.84. The trade was a 31.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 613,970 shares of company stock worth $77,318,902. 0.24% of the stock is currently owned by insiders.

Institutional Trading of ConocoPhillips

Large investors have recently modified their holdings of the company. Nicolet Advisory Services LLC increased its stake in shares of ConocoPhillips by 0.9% in the fourth quarter. Nicolet Advisory Services LLC now owns 10,352 shares of the energy producer’s stock valued at $989,000 after purchasing an additional 95 shares during the period. Duncan Williams Asset Management LLC boosted its position in shares of ConocoPhillips by 4.4% during the fourth quarter. Duncan Williams Asset Management LLC now owns 2,370 shares of the energy producer’s stock worth $222,000 after buying an additional 100 shares during the period. Wedge Capital Management L L P NC boosted 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 worth $241,000 after buying an additional 101 shares during the period. Strategic Blueprint LLC grew its holdings in ConocoPhillips by 1.3% in the 4th quarter. Strategic Blueprint LLC now owns 8,018 shares of the energy producer’s stock worth $751,000 after buying an additional 101 shares in the last quarter. Finally, Chesapeake Wealth Management grew its holdings 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 buying an additional 103 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: CEO says LNG disruption is manageable and U.S. LNG could see tailwinds from the conflict — this supports ConocoPhillips’ growth narrative in gas/LNG and underpins upside potential for realized prices and cash flow. CEO: ConocoPhillips hesitant to invest in Venezuela, sees potential tailwinds for US LNG amid war
• Positive Sentiment: High oil prices and sector momentum are lifting energy names and supporting COP’s cash return profile (dividends/ buybacks), which investors view favorably for near‑term returns. 109-year-old energy giant paying $4 billion in dividends as oil spikes
• Positive Sentiment: Analyst activity has been constructive — some firms have raised targets (e.g., Mizuho) and press commentary highlights COP as a sector beneficiary, supporting demand for the shares. MarketBeat COP coverage / analyst notes
• Neutral Sentiment: CEO comments at CERAWeek that the crude market may flip into contango — a potential sign of easing tightness — create mixed signals for near‑term oil pricing dynamics. ConocoPhillips CEO Expects Crude Market to Flip Into Contango
• Neutral Sentiment: Local/community initiatives (Small Biz Builder program) are positive for PR but unlikely to move fundamentals. UTPB bringing ConocoPhillips Small Biz Builder program to Monahans
• Negative Sentiment: Large insider sales — CEO and an EVP disclosed substantial stock disposals this week — which some investors interpret as a near‑term negative signal for sentiment despite public explanations. SEC filing: insider sales
• Negative Sentiment: Geopolitical risk: Lance is urging U.S. protection for Middle East/Qatar assets after recent strikes — this highlights operational and political risk that could affect production and capex. ConocoPhillips CEO Urges U.S. to Protect Middle East Assets

About ConocoPhillips

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.