ConocoPhillips FY2025 EPS Cut by Capital One Financial

Key Points

• Capital One Financial has reduced its FY2025 earnings per share estimate for ConocoPhillips from $6.72 to $6.66, while the current full-year consensus estimate stands at $8.16 per share.
• Several research firms lowered their price targets and ratings for ConocoPhillips, with Mizuho cutting its price objective from $127.00 to $125.00 and Bank of America from $107.00 to $106.00.
• ConocoPhillips has declared a quarterly dividend of $0.78 per share, with a yield of 3.1%, to be paid on September 2nd.

ConocoPhillips (NYSE:COP - Free Report) - Equities research analysts at Capital One Financial lowered their FY2025 earnings per share estimates for shares of ConocoPhillips in a report released on Wednesday, August 27th. Capital One Financial analyst P. Johnston now forecasts that the energy producer will earn $6.66 per share for the year, down from their previous estimate of $6.72. The consensus estimate for ConocoPhillips' current full-year earnings is $8.16 per share. Capital One Financial also issued estimates for ConocoPhillips' FY2027 earnings at $6.90 EPS.

A number of other research firms have also recently weighed in on COP. Mizuho reduced their price objective on shares of ConocoPhillips from $127.00 to $125.00 and set an "outperform" rating for the company in a research report on Tuesday, May 13th. Royal Bank Of Canada cut their price target on ConocoPhillips from $115.00 to $113.00 and set an "outperform" rating for the company in a report on Friday, July 11th. Wall Street Zen lowered ConocoPhillips from a "hold" rating to a "sell" rating in a research note on Friday, August 22nd. Susquehanna cut their price target on shares of ConocoPhillips from $114.00 to $113.00 and set a "positive" rating for the company in a report on Wednesday, July 23rd. Finally, Bank of America decreased their price objective on ConocoPhillips from $107.00 to $106.00 and set a "neutral" rating on the stock in a report on Friday, May 23rd. Sixteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $120.95.

ConocoPhillips Stock Performance

NYSE COP opened at $99.06 on Monday. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $123.72 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 2.60 and a beta of 0.69. The stock has a 50-day moving average of $94.16 and a 200 day moving average of $93.16. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $116.08.

ConocoPhillips (NYSE:COP - Get Free Report) last posted its earnings results on Thursday, August 7th. The energy producer reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.06. ConocoPhillips had a net margin of 15.26% and a return on equity of 14.60%. The firm had revenue of $14.94 billion during the quarter, compared to analyst estimates of $14.39 billion. During the same period in the previous year, the firm earned $1.98 EPS. The business's quarterly revenue was up 4.3% on a year-over-year basis.

Institutional Trading of ConocoPhillips

Several hedge funds have recently added to or reduced their stakes in the company. Howard Hughes Medical Institute purchased a new stake in shares of ConocoPhillips during the 2nd quarter worth $25,000. 10Elms LLP acquired a new stake in shares of ConocoPhillips during the 4th quarter worth about $28,000. Financial Network Wealth Advisors LLC raised its position in shares of ConocoPhillips by 341.5% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 287 shares of the energy producer's stock worth $30,000 after acquiring an additional 222 shares in the last quarter. Stone House Investment Management LLC purchased a new stake in ConocoPhillips during the first quarter worth approximately $31,000. Finally, Bogart Wealth LLC boosted its holdings in ConocoPhillips by 136.8% in the second quarter. Bogart Wealth LLC now owns 315 shares of the energy producer's stock valued at $28,000 after purchasing an additional 182 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company's stock.

Insiders Place Their Bets

In related news, EVP Kirk L. Johnson purchased 5,300 shares of ConocoPhillips stock in a transaction on Monday, June 16th. The shares were bought at an average price of $94.24 per share, with a total value of $499,472.00. Following the transaction, the executive vice president directly owned 14,527 shares of the company's stock, valued at approximately $1,369,024.48. This trade represents a 57.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.24% of the stock is currently owned by company insiders.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be issued a dividend of $0.78 per share. The ex-dividend date is Monday, August 18th. This represents a $3.12 annualized dividend and a yield of 3.1%. ConocoPhillips's dividend payout ratio is 41.88%.

ConocoPhillips Company Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.