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

ConocoPhillips (NYSE:COP) had its price target boosted by analysts at Scotiabank from $100.00 to $125.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “sector perform” rating on the energy producer’s stock. Scotiabank’s target price would indicate a potential upside of 0.39% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Mizuho upped their target price on shares of ConocoPhillips from $121.00 to $136.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. UBS Group upped their target price on shares of ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Raymond James Financial upped their target price on shares of ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of ConocoPhillips in a research note on Monday, December 29th. Finally, Capital One Financial upped their price target on shares of ConocoPhillips from $116.00 to $156.00 and gave the company an “equal weight” rating in a research note on Thursday, March 26th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.36.

ConocoPhillips Stock Up 1.6%

Shares of COP stock opened at $124.51 on Wednesday. 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 firm’s 50-day moving average is $120.81 and its 200-day moving average is $103.12. The stock has a market cap of $151.76 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 2.35 and a beta of 0.19. ConocoPhillips has a 52-week low of $84.28 and a 52-week high of $135.87.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.21). The firm had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.98 earnings per share. Sell-side analysts predict that ConocoPhillips will post 7.3 EPS for the current year.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Kelly Brunetti Rose sold 7,700 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $130.03, for a total value of $1,001,231.00. Following the completion of the sale, the senior vice president owned 25,284 shares of the company’s stock, valued at $3,287,678.52. The trade was a 23.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Heather G. Hrap sold 2,654 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $119.68, for a total transaction of $317,630.72. Following the completion of the sale, the senior vice president directly owned 5,663 shares of the company’s stock, valued at $677,747.84. This represents a 31.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 734,891 shares of company stock worth $93,345,692. Company insiders own 0.09% of the company’s stock.

Institutional Trading of ConocoPhillips

Institutional investors have recently bought and sold shares of the business. Blue Trust Inc. increased its holdings in ConocoPhillips by 0.4% during the first quarter. Blue Trust Inc. now owns 21,144 shares of the energy producer’s stock worth $2,791,000 after buying an additional 92 shares during the last quarter. Nicolet Advisory Services LLC increased its holdings in ConocoPhillips by 0.9% during the fourth quarter. Nicolet Advisory Services LLC now owns 10,352 shares of the energy producer’s stock worth $989,000 after buying an additional 95 shares during the last quarter. Duncan Williams Asset Management LLC increased its holdings in 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 last quarter. Wedge Capital Management L L P NC increased its holdings in 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 last quarter. Finally, Strategic Blueprint LLC increased 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 buying an additional 101 shares during the last quarter. Institutional investors own 82.36% of the company’s stock.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Several outlets highlight that ConocoPhillips is positioned to beat Q1 estimates based on current indicators, supporting near-term upside into the report. ConocoPhillips (COP) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
• Positive Sentiment: Susquehanna published a bullish note forecasting strong price appreciation for COP, which can attract momentum flows and buyer interest. Susquehanna Forecasts Strong Price Appreciation for ConocoPhillips (NYSE:COP) Stock
• Positive Sentiment: Scotiabank raised its price target from $100 to $125 (sector perform), reflecting an upgraded view that supports valuation and could reduce near-term downside. Scotiabank price target raise
• Positive Sentiment: Relative-comparison pieces favor COP over Occidental on metrics like ROE, lower leverage and dividend yield, reinforcing COP’s appeal vs. peers for yield/value-seeking investors. Occidental vs. ConocoPhillips: Which Energy Stock Has More Upside?
• Neutral Sentiment: ISS (proxy advisor) urged shareholders to vote for an independent board chair — a governance development that increases scrutiny of management but has uncertain immediate financial impact. Watch proxy outcomes for potential board changes. Proxy advisor ISS urges ConocoPhillips shareholders to vote for independent board chair
• Neutral Sentiment: Industry roundups and watchlists continue to include COP among top energy names for 2026, keeping it on investor radars but not signaling an immediate catalyst. Top 4 Energy Stocks to Watch in 2026
• Neutral Sentiment: Local industry news such as Brock Group relocating to Houston’s Energy Corridor is background for the sector but has minimal direct impact on COP fundamentals. Brock Group Relocates Headquarters to Houston’s Energy Corridor
• Negative Sentiment: Coverage on the renewed surge in renewables (and the market disruption from the Iran conflict) highlights accelerating solar equipment sales and a potential structural shift away from oil over time, a headwind for long-term demand forecasts for fossil-fuel producers. Renewable Energy Is Booming Again. The Iran War Has Scrambled Markets.
• Negative Sentiment: Macro/geo-political commentary warns that while oil-price strength has fueled sector gains, ongoing conflict (Iran) could reverse that rally or pressure margins if prices move to levels that slow demand. This raises risk to the recent run-up. Energy stocks are trouncing the rest of the stock market in 2026. Why the Iran war could erode those gains from here.

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.