JPMorgan Chase & Co. Boosts ConocoPhillips (NYSE:COP) Price Target to $103.00

ConocoPhillips (NYSE:COP) had its target price lifted by research analysts at JPMorgan Chase & Co. from $98.00 to $103.00 in a research report issued on Friday,MarketScreener reports. The firm currently has a “neutral” rating on the energy producer’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential downside of 4.36% from the stock’s previous close.

COP has been the subject of several other research reports. Wolfe Research boosted their price objective on shares of ConocoPhillips from $122.00 to $123.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. BMO Capital Markets boosted their price target on shares of ConocoPhillips from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday. Mizuho raised their price objective on ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Raymond James Financial lifted their target price on ConocoPhillips from $98.00 to $113.00 and gave the stock an “outperform” rating in a research report on Thursday, January 22nd. Finally, Johnson Rice cut ConocoPhillips from an “accumulate” rating to a “hold” rating and decreased their target price for the company from $108.00 to $105.00 in a research report on Friday, December 5th. Seventeen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, ConocoPhillips currently has an average rating of “Moderate Buy” and a consensus target price of $114.35.

ConocoPhillips Trading Up 2.6%

COP opened at $107.69 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.18 and a current ratio of 1.30. ConocoPhillips has a one year low of $79.88 and a one year high of $108.43. The company has a market cap of $133.07 billion, a P/E ratio of 16.99 and a beta of 0.32. The business’s 50-day simple moving average is $96.50 and its 200-day simple moving average is $93.72.

ConocoPhillips (NYSE:COP) last posted 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). The business had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.ConocoPhillips’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.98 EPS. As a group, equities research analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.

Insider Activity at ConocoPhillips

In other news, 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 transaction, the chief executive officer owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William H. Mcraven purchased 5,768 shares of the business’s stock in a transaction dated 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 directly owned 5,768 shares of the company’s stock, valued at approximately $499,970.24. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ConocoPhillips

Several institutional investors have recently bought and sold shares of COP. Heartland Bank & Trust Co lifted its position in ConocoPhillips by 97.2% during the second quarter. Heartland Bank & Trust Co now owns 6,861 shares of the energy producer’s stock valued at $616,000 after buying an additional 3,381 shares in the last quarter. Tema Etfs LLC purchased a new position in shares of ConocoPhillips in the 3rd quarter valued at $1,804,000. D.A. Davidson & CO. raised its stake in shares of ConocoPhillips by 12.1% in the 3rd quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock valued at $13,321,000 after acquiring an additional 15,202 shares during the period. Chilton Capital Management LLC lifted its holdings in shares of ConocoPhillips by 3.2% during the 3rd quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock valued at $36,890,000 after acquiring an additional 11,958 shares in the last quarter. Finally, AE Wealth Management LLC boosted its position in ConocoPhillips by 107.5% during the 3rd quarter. AE Wealth Management LLC now owns 103,430 shares of the energy producer’s stock worth $9,783,000 after purchasing an additional 53,587 shares during the period. 82.36% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Management committed to returning 45% of operating cash flow to shareholders (boosting yield/total-return prospects), supported by strong reported cash generation. ConocoPhillips Stock Still Looks Cheap – What’s The Best Play Here?
• Positive Sentiment: Wells Fargo raised its price target to $133 and kept an overweight rating — a material upside call that can attract momentum buyers. Wells Fargo raises PT to $133
• Neutral Sentiment: CEO Ryan Lance signaled a shift toward organic growth and international expansion (less M&A focus) — a strategic pivot that could change capital allocation and growth tempo over time. Analyst: Focus on organic growth
• Neutral Sentiment: Articles flag a Venezuela monetization-first approach (collect payments/settlements before ramping drilling) — could unlock value but is execution- and timing-dependent. Venezuela strategy piece
• Negative Sentiment: Q4 results missed consensus: non‑GAAP EPS $1.02 vs. estimates (~$1.23) and revenue slightly below expectations; management cited weaker realized oil prices — the miss pressured shares and remains a near-term earnings risk. Reuters: Q4 earnings miss
• Negative Sentiment: JPMorgan’s updated target ($103, neutral) implies limited near-term upside from current levels — a restraint on bullish investor positioning. JPMorgan maintains neutral PT $103

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.