Calton & Associates Inc. Invests $636,000 in ConocoPhillips $COP

Calton & Associates Inc. bought a new stake in shares of ConocoPhillips (NYSE:COP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,722 shares of the energy producer’s stock, valued at approximately $636,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Uniting Wealth Partners LLC grew its position in shares of ConocoPhillips by 9.4% during the 3rd quarter. Uniting Wealth Partners LLC now owns 3,891 shares of the energy producer’s stock valued at $368,000 after acquiring an additional 333 shares during the period. TCTC Holdings LLC raised its holdings in ConocoPhillips by 1.2% in the 3rd quarter. TCTC Holdings LLC now owns 237,981 shares of the energy producer’s stock worth $22,511,000 after purchasing an additional 2,838 shares during the period. Cidel Asset Management Inc. lifted its position in ConocoPhillips by 0.8% during the third quarter. Cidel Asset Management Inc. now owns 157,455 shares of the energy producer’s stock valued at $14,894,000 after purchasing an additional 1,208 shares in the last quarter. Hi Line Capital Management LLC grew its holdings in ConocoPhillips by 0.7% during the third quarter. Hi Line Capital Management LLC now owns 100,841 shares of the energy producer’s stock valued at $9,539,000 after purchasing an additional 670 shares during the period. Finally, Metis Global Partners LLC increased its position in ConocoPhillips by 4.1% in the third quarter. Metis Global Partners LLC now owns 71,209 shares of the energy producer’s stock worth $6,736,000 after buying an additional 2,779 shares in the last quarter. 82.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on COP. BMO Capital Markets lifted their price objective on ConocoPhillips from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Capital One Financial raised their target price on shares of ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 20th. UBS Group reaffirmed a “buy” rating and set a $130.00 price target on shares of ConocoPhillips in a report on Monday, February 9th. Bank of America reissued an “underperform” rating and issued a $102.00 price objective on shares of ConocoPhillips in a research note on Friday, January 16th. Finally, The Goldman Sachs Group raised their price objective on shares of ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, ConocoPhillips has an average rating of “Moderate Buy” and a consensus price target of $115.54.

ConocoPhillips Stock Performance

COP opened at $111.51 on Monday. 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 stock has a market capitalization of $137.79 billion, a price-to-earnings ratio of 17.59 and a beta of 0.32. The company has a fifty day moving average of $98.34 and a 200 day moving average of $94.19. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $112.07.

ConocoPhillips (NYSE:COP) last released its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 EPS 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 company had revenue of $13.86 billion for the quarter, compared to the consensus estimate of $14.35 billion. During the same period last year, the company earned $1.98 EPS. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. As a group, sell-side analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th will be issued a $0.84 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.0%. ConocoPhillips’s payout ratio is 53.00%.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips approved a $1.8 billion PPF subsea gas development in the Greater Ekofisk area — plan targets ~11 wells, 4 subsea templates and first gas by Q4 2028, supporting long‑dated production growth and infrastructure value. ConocoPhillips Greenlights Subsea Gas Development, Approves $1.8 Billion Project
• Positive Sentiment: ConocoPhillips and partners presented plans to invest roughly NOK 20 billion (~$2.1B) to restart production on three Greater Ekofisk fields by end‑2028 — a larger consortium investment signal that lowers execution risk and increases near‑term production visibility. ConocoPhillips and partners to invest $2 bln in Greater Ekofisk gas, condensate
• Neutral Sentiment: ConocoPhillips and partners formally submitted development plans for the Greater Ekofisk gas fields (reports vary ~$1.8B–$2.0B), providing regulatory clarity but still subject to approvals and timeline risk. ConocoPhillips submits development plans for Greater Ekofisk Area gas fields
• Neutral Sentiment: Industry press and investment sites are highlighting COP as a trending/closely watched stock and comparing peer moves (e.g., Chevron’s strong 2026 performance), which may drive short‑term flows but are not company‑specific catalysts. ConocoPhillips (COP) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: ConocoPhillips and other U.S. oil companies are in talks with Venezuela’s acting president about recouping past nationalization losses — potential long‑term upside if settlements occur, but timing and recovery size are uncertain. Oil Companies in ‘Active’ Talks Over Recouping Venezuela Losses
• Negative Sentiment: Scotiabank cut its FY2026 and FY2027 EPS forecasts for ConocoPhillips (FY2026 to $2.65, FY2027 to $4.65), reflecting weaker near‑term earnings expectations; analyst downgrades can pressure sentiment and cap multiple expansion. Scotiabank lowers FY2026/FY2027 EPS estimates for ConocoPhillips

Insider Activity

In related news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction dated 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 owned 325,972 shares in the company, valued at approximately $30,152,410. This trade represents a 60.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.24% of the company’s stock.

ConocoPhillips Profile

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.