ConocoPhillips (NYSE:COP – Get Free Report) had its target price lifted by stock analysts at Roth Mkm from $100.00 to $105.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “buy” rating on the energy producer’s stock. Roth Mkm’s target price suggests a potential upside of 6.78% from the stock’s current price.
Several other brokerages have also issued reports on COP. JPMorgan Chase & Co. restated a “neutral” rating and set a $98.00 target price on shares of ConocoPhillips in a research report on Tuesday, January 20th. Wells Fargo & Company began coverage on shares of ConocoPhillips in a research note on Friday, October 17th. They set an “equal weight” rating and a $100.00 price target on the stock. Royal Bank Of Canada upped their price objective on ConocoPhillips from $113.00 to $118.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Raymond James Financial raised their target price on ConocoPhillips from $98.00 to $113.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, UBS Group boosted their price target on ConocoPhillips from $117.00 to $120.00 and gave the company a “buy” rating in a report on Friday, December 12th. Sixteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, ConocoPhillips currently has an average rating of “Moderate Buy” and an average target price of $110.83.
Get Our Latest Analysis on COP
ConocoPhillips Stock Up 1.5%
ConocoPhillips (NYSE:COP – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.20. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.The business had revenue of $15.03 billion during the quarter, compared to the consensus estimate of $14.51 billion. During the same period in the previous year, the company posted $1.78 EPS. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. As a group, analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current year.
Insider Activity
In other ConocoPhillips news, Director William H. Mcraven bought 5,768 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average price of $86.68 per share, with a total value of $499,970.24. Following the purchase, the director owned 5,768 shares of the company’s stock, valued at $499,970.24. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the transaction, the chief executive officer directly owned 325,972 shares in the company, valued at approximately $30,152,410. This represents a 60.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.24% of the stock is owned by insiders.
Institutional Investors Weigh In On ConocoPhillips
Institutional investors and hedge funds have recently modified their holdings of the stock. Howard Hughes Medical Institute purchased a new position in ConocoPhillips during the second quarter valued at $25,000. Cloud Capital Management LLC purchased a new stake in ConocoPhillips in the 3rd quarter worth $26,000. Bogart Wealth LLC boosted its holdings in shares of ConocoPhillips by 136.8% during the 2nd quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock valued at $28,000 after purchasing an additional 182 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of ConocoPhillips during the third quarter valued at about $28,000. Finally, Board of the Pension Protection Fund purchased a new position in shares of ConocoPhillips during the fourth quarter valued at about $28,000. Institutional investors own 82.36% of the company’s stock.
More ConocoPhillips News
Here are the key news stories impacting ConocoPhillips this week:
- Positive Sentiment: Raymond James raised its price target to $113 and kept an “outperform” rating, signaling expected upside and reinforcing buy-side sentiment. Raymond James adjusts price target on ConocoPhillips to $113
- Positive Sentiment: Goldman Sachs lifted its target to $115 and kept a “buy” rating, adding credibility to the view that COP shares have meaningful upside vs. current levels. Goldman Sachs adjusts price target on ConocoPhillips to $115
- Positive Sentiment: Another price-target bump to $116 was reported, adding to analyst-driven momentum and providing a near-term valuation anchor for investors. ConocoPhillips (NYSE:COP) Price Target Raised to $116.00
- Positive Sentiment: Company commentary at industry events emphasized continued Permian growth — management said the Permian “will keep filling the tank,” reinforcing production-growth expectations that support revenue and cash-flow forecasts. ConocoPhillips: Permian will “keep filling the tank”
- Positive Sentiment: Executives urged greater water reuse and new power lines in the Permian — operational measures that can lower costs, expand drilling efficiency and de-risk growth, which investors view favorably. ConocoPhillips leaders see more Permian gains, urge water reuse and new power lines
- Positive Sentiment: Coverage of the 2026 State of Oil & Gas in Midland highlighted industry tailwinds and operational plans that benefit major Permian operators like COP. 2026 State of Oil and Gas hosted in Midland brings insight on new year operations
- Neutral Sentiment: A Zacks piece reviews Wall Street analysts’ recommendations on COP and notes generally optimistic broker views — helpful context but not a fresh catalyst by itself. Is ConocoPhillips (COP) a Buy as Wall Street Analysts Look Optimistic?
- Negative Sentiment: JPMorgan downgraded COP from Overweight to Neutral, which could temper upside for the stock and offset some of the bullish analyst moves. ConocoPhillips (NYSE:COP) Earns “Neutral” Rating from JPMorgan Chase & Co.
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.
Recommended Stories
- Five stocks we like better than ConocoPhillips
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- The $100 Trillion AI Story No One Is Telling You
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for ConocoPhillips Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConocoPhillips and related companies with MarketBeat.com's FREE daily email newsletter.
