Zacks Research Predicts Weaker Earnings for ConocoPhillips

Key Points

• Zacks Research has lowered its Q3 2025 earnings per share estimate for ConocoPhillips from $1.44 to $1.31, reflecting declining expectations for the energy producer.
• ConocoPhillips reported Q2 earnings of $1.42 per share, exceeding analysts' estimates, alongside a revenue of $14.94 billion, which was also above expectations.
• The company recently announced a quarterly dividend of $0.78 per share, equating to an annual dividend of $3.12 and a yield of 3.1% for shareholders.

ConocoPhillips (NYSE:COP - Free Report) - Analysts at Zacks Research lowered their Q3 2025 earnings estimates for ConocoPhillips in a research note issued on Thursday, August 28th. Zacks Research analyst Team now forecasts that the energy producer will post earnings of $1.31 per share for the quarter, down from their previous forecast of $1.44. The consensus estimate for ConocoPhillips' current full-year earnings is $8.16 per share. Zacks Research also issued estimates for ConocoPhillips' FY2025 earnings at $6.32 EPS, Q1 2026 earnings at $1.51 EPS, Q2 2026 earnings at $1.42 EPS, Q3 2026 earnings at $1.28 EPS, FY2026 earnings at $5.65 EPS and Q1 2027 earnings at $1.81 EPS.

A number of other research analysts have also recently commented on COP. Citigroup reduced their price target on shares of ConocoPhillips from $140.00 to $115.00 and set a "buy" rating on the stock in a research report on Wednesday, June 11th. UBS Group increased their price target on shares of ConocoPhillips from $116.00 to $124.00 and gave the company a "buy" rating in a research report on Wednesday, August 20th. Raymond James Financial increased their price target on shares of ConocoPhillips from $109.00 to $117.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. Susquehanna reduced their price target on shares of ConocoPhillips from $114.00 to $113.00 and set a "positive" rating on the stock in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company reiterated an "overweight" rating and set a $117.00 price target (up from $113.00) on shares of ConocoPhillips in a research report on Thursday, June 26th. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, ConocoPhillips presently has an average rating of "Moderate Buy" and a consensus price target of $120.95.

ConocoPhillips Price Performance

ConocoPhillips stock traded up $1.23 during mid-day trading on Monday, hitting $95.88. 2,443,987 shares of the company traded hands, compared to its average volume of 7,977,092. ConocoPhillips has a one year low of $79.88 and a one year high of $116.08. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.10 and a current ratio of 1.27. The stock has a fifty day moving average price of $94.61 and a 200-day moving average price of $93.23. The stock has a market cap of $119.75 billion, a price-to-earnings ratio of 12.89, a price-to-earnings-growth ratio of 2.60 and a beta of 0.69.

ConocoPhillips (NYSE:COP - Get Free Report) last announced its earnings results on Thursday, August 7th. The energy producer reported $1.42 earnings per share (EPS) 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 business 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 business posted $1.98 earnings per share. ConocoPhillips's revenue for the quarter was up 4.3% on a year-over-year basis.

ConocoPhillips Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th were paid a $0.78 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $3.12 dividend on an annualized basis and a yield of 3.3%. ConocoPhillips's payout ratio is presently 41.88%.

Insider Transactions at ConocoPhillips

In other news, EVP Kirk L. Johnson acquired 5,300 shares of ConocoPhillips stock in a transaction on Monday, June 16th. The shares were acquired at an average price of $94.24 per share, with a total value of $499,472.00. Following the purchase, the executive vice president directly owned 14,527 shares in the company, valued at $1,369,024.48. The trade was a 57.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.24% of the stock is currently owned by insiders.

Institutional Trading of ConocoPhillips

Hedge funds have recently bought and sold shares of the stock. Howard Hughes Medical Institute purchased a new position in shares of ConocoPhillips in the second quarter worth $25,000. 10Elms LLP acquired a new stake in shares of ConocoPhillips in the fourth quarter worth $28,000. Financial Network Wealth Advisors LLC increased its stake in shares of ConocoPhillips by 341.5% in the first 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 during the period. Stone House Investment Management LLC purchased a new position in shares of ConocoPhillips during the 1st quarter valued at approximately $31,000. Finally, Bogart Wealth LLC lifted its stake in shares of ConocoPhillips by 136.8% in the 2nd quarter. Bogart Wealth LLC now owns 315 shares of the energy producer's stock valued at $28,000 after purchasing an additional 182 shares during the period. Hedge funds and other institutional investors own 82.36% of the company's stock.

About ConocoPhillips

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.