FY2025 EPS Estimates for ConocoPhillips Cut by Roth Capital

Key Points

• Roth Capital has revised its FY2025 earnings per share estimate for ConocoPhillips down to $6.25 from a previous estimate of $6.57, while maintaining a "Buy" rating and a price target of $100.00.
• Other brokerages have also adjusted their price targets, with Mizuho reducing it to $120.00 and Capital One increasing it to $112.00, signifying varying outlooks on the stock.
• ConocoPhillips reported Q2 earnings showing a profit of $1.42 EPS, exceeding estimates, and announced a quarterly dividend of $0.78 paid to shareholders.

ConocoPhillips (NYSE:COP - Free Report) - Investment analysts at Roth Capital dropped their FY2025 earnings per share estimates for ConocoPhillips in a research note issued to investors on Tuesday, October 14th. Roth Capital analyst L. Mariani now anticipates that the energy producer will earn $6.25 per share for the year, down from their previous forecast of $6.57. Roth Capital has a "Buy" rating and a $100.00 price objective on the stock. The consensus estimate for ConocoPhillips' current full-year earnings is $8.16 per share. Roth Capital also issued estimates for ConocoPhillips' Q4 2025 earnings at $1.23 EPS and Q4 2026 earnings at $1.70 EPS.

Several other brokerages also recently weighed in on COP. Mizuho lowered their price objective on ConocoPhillips from $125.00 to $120.00 and set an "outperform" rating for the company in a research report on Monday, September 15th. Capital One Financial boosted their price objective on ConocoPhillips from $111.00 to $112.00 in a research report on Friday, October 3rd. UBS Group lowered their price objective on ConocoPhillips from $124.00 to $122.00 and set a "buy" rating for the company in a research report on Monday. Melius Research started coverage on ConocoPhillips in a research report on Wednesday, August 20th. They issued a "hold" rating and a $117.00 price objective for the company. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of ConocoPhillips in a research report on Wednesday, October 8th. Seventeen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, ConocoPhillips presently has an average rating of "Moderate Buy" and an average price target of $116.78.

ConocoPhillips Stock Down 0.6%

Shares of COP opened at $87.67 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.27 and a quick ratio of 1.10. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $115.38. The stock has a 50 day simple moving average of $94.31 and a two-hundred day simple moving average of $92.29. The firm has a market cap of $109.49 billion, a P/E ratio of 11.77, a P/E/G ratio of 2.36 and a beta of 0.62.

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

ConocoPhillips Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th were issued a $0.78 dividend. The ex-dividend date was Monday, August 18th. This represents a $3.12 dividend on an annualized basis and a yield of 3.6%. ConocoPhillips's dividend payout ratio is 41.88%.

Hedge Funds Weigh In On ConocoPhillips

A number of institutional investors have recently added to or reduced their stakes in COP. Charles Schwab Investment Management Inc. grew its stake in shares of ConocoPhillips by 379.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 40,094,754 shares of the energy producer's stock worth $4,210,751,000 after acquiring an additional 31,736,423 shares during the last quarter. Nuveen LLC purchased a new stake in shares of ConocoPhillips in the first quarter worth $658,981,000. Primecap Management Co. CA grew its stake in shares of ConocoPhillips by 66.0% in the second 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 last quarter. AQR Capital Management LLC grew its stake in shares of ConocoPhillips by 190.5% in the first quarter. AQR Capital Management LLC now owns 4,664,408 shares of the energy producer's stock worth $484,539,000 after acquiring an additional 3,058,505 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of ConocoPhillips by 31.4% in the second quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer's stock worth $966,267,000 after acquiring an additional 2,575,803 shares during the last quarter. Institutional investors own 82.36% of the company's stock.

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.

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