ConocoPhillips (NYSE:COP) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on ConocoPhillips, with 18 buys, eight holds, one sell and one strong-buy rating among 28 analysts. The average 12-month price target is $137.68.
• ConocoPhillips beat quarterly expectations, reporting $3.24 in EPS versus the $2.90 consensus and $19.52 billion in revenue, up 32.4% year over year.
• The company declared a quarterly dividend of $0.84 per share, equivalent to $3.36 annually and a 2.7% yield; shares recently opened at $124.98.

ConocoPhillips (NYSE:COP - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty-eight ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, eighteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $137.68.

A number of analysts recently weighed in on COP shares. Barclays lifted their price target on ConocoPhillips from $136.00 to $155.00 and gave the company an "overweight" rating in a research note on Tuesday, May 26th. BMO Capital Markets reduced their target price on ConocoPhillips from $140.00 to $135.00 and set an "outperform" rating for the company in a report on Wednesday, May 13th. Morgan Stanley restated an "overweight" rating and set a $147.00 target price on shares of ConocoPhillips in a research report on Friday, August 7th. Wells Fargo & Company upped their price target on shares of ConocoPhillips from $183.00 to $189.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Finally, Capital One Financial cut their price target on shares of ConocoPhillips from $156.00 to $154.00 and set an "equal weight" rating for the company in a report on Monday, May 18th.

ConocoPhillips Price Performance

Shares of COP opened at $124.98 on Friday. ConocoPhillips has a twelve month low of $85.57 and a twelve month high of $135.87. The stock's 50 day moving average is $113.69 and its two-hundred day moving average is $116.53. The firm has a market capitalization of $150.14 billion, a PE ratio of 16.53, a P/E/G ratio of 1.41 and a beta of 0.11. The company has a current ratio of 1.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35.

ConocoPhillips (NYSE:COP - Get Free Report) last issued its earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.90 by $0.34. The business had revenue of $19.52 billion during the quarter, compared to the consensus estimate of $18.79 billion. ConocoPhillips had a return on equity of 14.72% and a net margin of 14.22%.The company's revenue for the quarter was up 32.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.42 EPS. Research analysts anticipate that ConocoPhillips will post 10.05 earnings per share for the current year.

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. ConocoPhillips's payout ratio is currently 44.44%.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips reported record Permian production and approximately $4.2 billion in free cash flow during its second-quarter earnings discussion. Management highlighted plans to deploy capital toward expansion in Iraq and LNG, supporting future production growth and shareholder returns. ConocoPhillips Q2 2026 Earnings Call Transcript
• Positive Sentiment: The Coyote 3SX project on Alaska’s North Slope achieved first oil. The project, which received approximately $800 million in approved funding, adds new production capacity and demonstrates progress on ConocoPhillips’ development pipeline. Coyote 3SX Project Achieves First Oil
• Positive Sentiment: Higher crude prices linked to tensions around the Strait of Hormuz are putting energy producers, including COP, in focus because stronger realized prices could improve earnings and cash generation. ConocoPhillips in Focus as Oil Climbs on Hormuz Tensions
• Positive Sentiment: Freedom Capital upgraded ConocoPhillips from “hold” to “strong buy,” while Truist’s analyst also expects the stock to rise. These calls may provide sentiment support, although analyst opinions do not guarantee future performance. ConocoPhillips Upgrade
• Positive Sentiment: Zacks identified COP as a highly ranked growth stock, citing characteristics typically associated with market outperformance, including sales growth, margins and returns on capital. ConocoPhillips Growth Stock Analysis
• Neutral Sentiment: ConocoPhillips is among the companies positioned to benefit from the next LNG investment cycle, but the broader megaproject trend is industrywide and may take years to translate into COP earnings. Five LNG Megaprojects Poised to Power the Next Gas Boom
• Negative Sentiment: The announcement that Andy O’Brien will succeed Ryan Lance as CEO came sooner than some analysts expected. Although succession can provide continuity, the timing introduces uncertainty about strategy, capital allocation and execution. ConocoPhillips CEO Transition Timing

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Frazier Financial Advisors LLC grew its holdings in shares of ConocoPhillips by 151.0% in the 1st quarter. Frazier Financial Advisors LLC now owns 241 shares of the energy producer's stock worth $32,000 after acquiring an additional 145 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in ConocoPhillips during the fourth quarter worth $25,000. Ballast Advisors LLC purchased a new stake in ConocoPhillips during the first quarter worth $36,000. Evergreen Advisors LLC acquired a new stake in ConocoPhillips in the first quarter valued at $36,000. Finally, Allied Private Wealth LLC acquired a new stake in ConocoPhillips in the second quarter valued at $32,000. 82.36% of the stock is owned by hedge funds and other institutional investors.

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.

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