Qsemble Capital Management LP Purchases Shares of 35,061 ConocoPhillips $COP

Key Points

• Qsemble Capital Management acquired 35,061 ConocoPhillips shares worth approximately $3.65 million, while institutional investors collectively own 82.36% of the company.
• ConocoPhillips posted quarterly EPS of $3.24, beating estimates of $2.90, with revenue rising 32.4% year over year to $19.52 billion. The company also reported record Permian production and roughly $4.2 billion in quarterly free cash flow.
• Analyst sentiment remains constructive, with a consensus “Moderate Buy” rating and an average price target of $137.68; ConocoPhillips also declared a quarterly dividend of $0.84 per share, representing a 2.7% annualized yield.

Qsemble Capital Management LP acquired a new position in shares of ConocoPhillips (NYSE:COP - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,061 shares of the energy producer's stock, valued at approximately $3,645,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COP. Vanguard Group Inc. increased its position in shares of ConocoPhillips by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 120,251,183 shares of the energy producer's stock worth $11,256,713,000 after purchasing an additional 408,304 shares in the last quarter. Capital International Investors lifted its holdings in ConocoPhillips by 5.9% during the 4th quarter. Capital International Investors now owns 48,360,060 shares of the energy producer's stock valued at $4,527,230,000 after purchasing an additional 2,714,663 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position 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 buying an additional 2,350,645 shares in the last quarter. Franklin Resources Inc. boosted its position in ConocoPhillips by 4.5% in the fourth quarter. Franklin Resources Inc. now owns 15,038,675 shares of the energy producer's stock valued at $1,407,770,000 after buying an additional 648,432 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in ConocoPhillips by 1.3% during the fourth quarter. Fisher Asset Management LLC now owns 14,847,367 shares of the energy producer's stock worth $1,389,862,000 after buying an additional 193,401 shares during the last quarter. 82.36% of the stock is owned by institutional investors.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Traders purchased 68,293 call options on Friday, roughly 339% above the average daily call volume of 15,545. The unusually high call activity signals increased speculative and potentially bullish interest in COP.
• Positive Sentiment: ConocoPhillips reported record Permian production and generated approximately $4.2 billion in second-quarter free cash flow. Management discussed using its financial strength to support expansion in Iraq and liquefied natural gas, which could improve future production and cash generation. ConocoPhillips Q2 2026 Earnings Call Transcript
• Positive Sentiment: The Coyote 3SX project on Alaska’s North Slope has achieved first oil. The start-up adds production from a project that received approximately $800 million in funding and reinforces COP’s growth outlook. ConocoPhillips Alaska’s Coyote 3SX Project Achieves First Oil
• Positive Sentiment: Rising oil prices amid tensions around the Strait of Hormuz are providing a favorable commodity-price backdrop for COP, whose earnings and cash flow remain sensitive to oil prices. Why ConocoPhillips Is in Focus as Oil Climbs on Hormuz Tensions
• Positive Sentiment: Susquehanna forecast strong price appreciation for COP, adding to the positive analyst outlook. Susquehanna Forecasts Strong Price Appreciation for ConocoPhillips
• Neutral Sentiment: Brokerages maintain an average “Moderate Buy” recommendation, indicating constructive but not overwhelmingly bullish institutional sentiment. ConocoPhillips Given Average Recommendation of Moderate Buy
• Neutral Sentiment: A broader LNG investment wave involving Qatar, the United States and Argentina may support the long-term market for gas producers, although the article does not announce a new COP project. Five LNG Megaprojects Poised to Power the Next Gas Boom

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Barclays raised their price objective on shares of ConocoPhillips from $136.00 to $155.00 and gave the stock an "overweight" rating in a report on Tuesday, May 26th. Susquehanna boosted their target price on ConocoPhillips from $155.00 to $161.00 and gave the stock a "positive" rating in a report on Tuesday, August 11th. Roth Capital upgraded ConocoPhillips from a "neutral" rating to a "buy" rating and increased their price target for the stock from $124.00 to $130.00 in a research report on Monday, June 22nd. UBS Group raised their price target on ConocoPhillips from $143.00 to $153.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Weiss Ratings upgraded ConocoPhillips from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $137.68.

ConocoPhillips Stock Performance

Shares of ConocoPhillips stock opened at $126.67 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 1.39. The firm has a 50 day simple moving average of $113.88 and a 200 day simple moving average of $116.60. ConocoPhillips has a fifty-two week low of $85.57 and a fifty-two week high of $135.87. The firm has a market cap of $152.17 billion, a P/E ratio of 16.75, a P/E/G ratio of 1.40 and a beta of 0.11.

ConocoPhillips (NYSE:COP - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $0.34. The firm had revenue of $19.52 billion for 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 business's revenue for the quarter was up 32.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.42 EPS. Sell-side analysts predict that ConocoPhillips will post 10.05 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

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

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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