ConocoPhillips (NYSE:COP) Given New $130.00 Price Target at BMO Capital Markets

ConocoPhillips (NYSE:COP) had its price target lifted by BMO Capital Markets from $115.00 to $130.00 in a research report released on Tuesday morning,MarketScreener reports. The brokerage currently has an outperform rating on the energy producer’s stock.

Other equities analysts also recently issued reports about the company. Susquehanna upped their price target on ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a report on Friday, February 6th. Jefferies Financial Group upped their target price on shares of ConocoPhillips from $120.00 to $129.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Argus increased their target price on shares of ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a research report on Friday, February 13th. Citigroup boosted their price target on shares of ConocoPhillips from $125.00 to $135.00 and gave the company a “buy” rating in a research report on Monday. Finally, JPMorgan Chase & Co. upped their price objective on shares of ConocoPhillips from $98.00 to $103.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $116.96.

ConocoPhillips Stock Performance

Shares of COP stock opened at $118.57 on Tuesday. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. The firm has a fifty day moving average price of $102.72 and a 200 day moving average price of $95.71. The company has a market cap of $146.52 billion, a P/E ratio of 18.70, a PEG ratio of 3.00 and a beta of 0.27. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $122.50.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.21). The business had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.98 earnings per share. Sell-side analysts predict that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were issued a $0.84 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 2.8%. ConocoPhillips’s payout ratio is presently 53.00%.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction 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 sale, the chief executive officer owned 325,972 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

A number of large investors have recently made changes to their positions in the stock. Capital International Investors increased its holdings in ConocoPhillips by 18.2% in the third quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock valued at $4,318,239,000 after buying an additional 7,037,873 shares in the last quarter. Primecap Management Co. CA grew its holdings in shares of ConocoPhillips by 66.0% in the 2nd quarter. Primecap Management Co. CA now owns 7,883,455 shares of the energy producer’s stock worth $707,461,000 after acquiring an additional 3,135,315 shares during the period. Ameriprise Financial Inc. increased its stake in ConocoPhillips by 31.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock valued at $966,267,000 after purchasing an additional 2,575,803 shares in the last quarter. AQR Capital Management LLC raised its holdings in ConocoPhillips by 229.2% during the fourth quarter. AQR Capital Management LLC now owns 3,595,177 shares of the energy producer’s stock worth $336,544,000 after purchasing an additional 2,503,156 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in ConocoPhillips by 6.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 41,450,162 shares of the energy producer’s stock valued at $3,880,151,000 after purchasing an additional 2,350,645 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Trending Headlines about ConocoPhillips

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

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.