ConocoPhillips (NYSE:COP) Stock Price Expected to Rise, Piper Sandler Analyst Says

ConocoPhillips (NYSE:COP) had its price target boosted by Piper Sandler from $154.00 to $157.00 in a research report issued on Wednesday, Marketbeat reports. The firm presently has an “overweight” rating on the energy producer’s stock. Piper Sandler’s target price indicates a potential upside of 27.19% from the stock’s current price.

COP has been the topic of several other research reports. Argus upped their price objective on ConocoPhillips from $111.00 to $128.00 and gave the stock a “strong-buy” rating in a report on Friday, February 13th. Citigroup upped their price objective on ConocoPhillips from $135.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, April 2nd. Capital One Financial upped their price objective on ConocoPhillips from $116.00 to $156.00 and gave the stock an “equal weight” rating in a report on Thursday, March 26th. Royal Bank Of Canada upped their price objective on ConocoPhillips from $118.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Sanford C. Bernstein reduced their price objective on ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, ConocoPhillips presently has an average rating of “Moderate Buy” and a consensus target price of $127.08.

ConocoPhillips Stock Down 1.4%

NYSE:COP opened at $123.44 on Wednesday. The stock’s fifty day moving average price is $118.11 and its two-hundred day moving average price is $101.35. ConocoPhillips has a 52-week low of $80.80 and a 52-week high of $135.87. 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 company has a market cap of $150.45 billion, a price-to-earnings ratio of 19.47, a P/E/G ratio of 2.47 and a beta of 0.19.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 earnings per share (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 firm had revenue of $13.86 billion for the quarter, compared to analyst estimates of $14.35 billion. During the same period in the prior year, the company posted $1.98 EPS. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. On average, analysts anticipate that ConocoPhillips will post 8.16 EPS for the current year.

Insider Buying and Selling

In other news, CEO Ryan Michael Lance sold 506,800 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $127.26, for a total value of $64,495,368.00. Following the completion of the transaction, the chief executive officer owned 6,835 shares of the company’s stock, valued at $869,822.10. The trade was a 98.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Kelly Brunetti Rose sold 8,500 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $118.04, for a total transaction of $1,003,340.00. Following the completion of the transaction, the senior vice president directly owned 32,984 shares of the company’s stock, valued at $3,893,431.36. This trade represents a 20.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 734,891 shares of company stock worth $93,345,692 over the last ninety days. Insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

Several institutional investors and hedge funds have recently made changes to their positions in COP. Capital International Investors grew its holdings in shares of ConocoPhillips by 18.2% in the 3rd quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock valued at $4,318,239,000 after buying an additional 7,037,873 shares during the period. Ameriprise Financial Inc. boosted its stake in ConocoPhillips by 31.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock worth $966,267,000 after purchasing an additional 2,575,803 shares during the period. AQR Capital Management LLC boosted its stake in ConocoPhillips by 229.2% in the 4th quarter. AQR Capital Management LLC now owns 3,595,177 shares of the energy producer’s stock worth $336,544,000 after purchasing an additional 2,503,156 shares during the period. Primecap Management Co. CA boosted its stake in ConocoPhillips by 31.3% in the 3rd quarter. Primecap Management Co. CA now owns 10,351,010 shares of the energy producer’s stock worth $979,102,000 after purchasing an additional 2,467,555 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in ConocoPhillips by 6.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 41,450,162 shares of the energy producer’s stock worth $3,880,151,000 after purchasing an additional 2,350,645 shares during the period. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analyst upgrades and higher targets — Royal Bank of Canada and Piper Sandler raised price targets and kept bullish ratings, signaling analyst confidence in COP’s outlook and implying meaningful upside from current levels. RBC raises price target Piper Sandler raises price target
• Positive Sentiment: Bullish brokerage research — BMO Capital Markets and Wolfe Research published forecasts calling for strong price appreciation, supporting the case that COP’s cash flows and capital returns could drive further gains. BMO forecast Wolfe Research forecast
• Positive Sentiment: Favorable fundamentals if oil stays high — analysis notes COP’s low-cost asset base, Marathon Oil integration and leverage to near-$100 oil should boost margins and cash flow if commodity prices remain elevated. Zacks analysis
• Neutral Sentiment: Exploration opportunity in Venezuela — COP is sending a small evaluation team to Venezuela to assess oil and gas opportunities; this could add long‑term resource upside but carries political, execution and timing uncertainty. Reuters: Venezuela visit
• Negative Sentiment: Oil-price shock from ceasefire news — a U.S.-Iran ceasefire led crude to slip below $100, triggering broad selloffs in major oil producers (XOM, CVX, COP) and pressuring COP’s near-term revenue outlook. TipRanks: crude drop
• Negative Sentiment: Earnings and near-term profit risk — analysts expect a double‑digit decline in Q1 profit and COP missed estimates in its last reported quarter, which can sustain downward pressure until results and guidance arrive. Barchart: Q1 expectations
• Negative Sentiment: Recent volatility and short-term selling — several market reports flagged abrupt intraday and premarket declines tied to the commodity move and sector rotation, contributing to the stock’s pullback. Yahoo Finance: recent selloff

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.