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

ConocoPhillips (NYSE:COP) had its target price hoisted by equities researchers at Citigroup from $125.00 to $135.00 in a research note issued to investors on Monday, MarketBeat reports. The firm presently has a “buy” rating on the energy producer’s stock. Citigroup’s price target points to a potential upside of 13.86% from the stock’s current price.

Several other equities analysts have also commented on the company. Capital One Financial raised their price objective on ConocoPhillips from $111.00 to $116.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 20th. Bank of America reiterated an “underperform” rating and issued a $102.00 price target on shares of ConocoPhillips in a research note on Friday, January 16th. Wall Street Zen lowered shares of ConocoPhillips from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings restated a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. Finally, Morgan Stanley lowered their target price on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ConocoPhillips currently has a consensus rating of “Moderate Buy” and an average target price of $116.96.

ConocoPhillips Stock Performance

ConocoPhillips stock opened at $118.57 on Monday. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $122.50. The stock’s 50 day simple moving average is $102.72 and its two-hundred day simple moving average is $95.71. 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 cap of $146.52 billion, a price-to-earnings ratio of 18.70, a PEG ratio of 3.00 and a beta of 0.27.

ConocoPhillips (NYSE:COP) last announced its earnings results 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 during the quarter, compared to the consensus estimate of $14.35 billion. During the same period in the prior year, the company posted $1.98 EPS. The firm’s revenue was down 3.7% on a year-over-year basis. As a group, analysts expect that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

Insider Buying and Selling at ConocoPhillips

In related news, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were 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 $30,152,410. The trade was a 60.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.24% of the stock is owned by company insiders.

Institutional Trading of ConocoPhillips

Institutional investors have recently added to or reduced their stakes in the business. Versor Investments LP purchased a new position in ConocoPhillips in the 2nd quarter worth about $296,000. Freestone Capital Holdings LLC boosted its holdings in shares of ConocoPhillips by 26.0% during the 2nd quarter. Freestone Capital Holdings LLC now owns 50,240 shares of the energy producer’s stock valued at $4,509,000 after acquiring an additional 10,378 shares during the last quarter. Corton Capital Inc. bought a new stake in shares of ConocoPhillips in the second quarter worth approximately $530,000. Connable Office Inc. grew its stake in shares of ConocoPhillips by 5.2% in the second quarter. Connable Office Inc. now owns 38,779 shares of the energy producer’s stock worth $3,480,000 after acquiring an additional 1,921 shares during the period. Finally, Marion Wealth Management raised its holdings in shares of ConocoPhillips by 3.8% during the second quarter. Marion Wealth Management now owns 16,441 shares of the energy producer’s stock valued at $1,475,000 after purchasing an additional 596 shares during the last quarter. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its US “conviction list,” signaling institutional conviction in COP as a capital-intensive, AI-resistant beneficiary of a market rotation into energy. Article Title
• Positive Sentiment: Two banks raised price targets and kept bullish ratings (BMO: $130 outperform; Citi: $135 buy), providing explicit upside guidance that can attract buyers and support momentum. Article Title Article Title
• Positive Sentiment: Geopolitical escalation (US/Israel strikes on Iran) pushed WTI higher and sparked a sector-wide rally; ConocoPhillips is benefiting as an upstream producer with North American exposure. Article Title
• Positive Sentiment: The shares hit a 52-week high amid the rally, reinforcing momentum and drawing more investor attention. Article Title
• Positive Sentiment: Reports that ConocoPhillips is exploring selective Permian asset sales (~$2B) and expanding divestitures support a leaner portfolio and potentially higher shareholder returns or accelerated buybacks/dividends. Article Title
• Neutral Sentiment: Analyst commentary and media pieces highlight long-term upside via rising free cash flow (projects like Willow) and bullish scenario analysis — supportive but forward-looking and dependent on oil prices/stage-of-project execution. Article Title
• Negative Sentiment: Options activity commentary (sell covered calls) suggests some investors are taking profits and monetizing the rally, which can cap near-term upside and increase short-term volatility. Article Title

ConocoPhillips Company 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.