Senator Markwayne Mullin (R-Oklahoma) recently bought shares of ConocoPhillips NYSE: COP. In a filing disclosed on June 11th, the Senator disclosed that they had bought between $15,001 and $50,000 in ConocoPhillips stock on May 13th.
Senator Markwayne Mullin also recently made the following trade(s):
- Purchased $50,001 - $100,000 in shares of Valero Energy NYSE: VLO on 5/13/2025.
- Purchased $15,001 - $50,000 in shares of LPL Financial NASDAQ: LPLA on 5/13/2025.
- Purchased $50,001 - $100,000 in shares of Chevron NYSE: CVX on 5/13/2025.
- Purchased $50,001 - $100,000 in shares of Zoetis NYSE: ZTS on 5/13/2025.
- Purchased $15,001 - $50,000 in shares of L3Harris Technologies NYSE: LHX on 5/13/2025.
- Purchased $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 5/13/2025.
- Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 5/13/2025.
- Purchased $15,001 - $50,000 in shares of Texas Instruments NASDAQ: TXN on 5/13/2025.
- Purchased $15,001 - $50,000 in shares of Applied Materials NASDAQ: AMAT on 5/13/2025.
- Sold $500,001 - $1,000,000 in shares of SPDR S&P 500 ETF Trust NYSEARCA: SPY on 5/13/2025.
ConocoPhillips Stock Performance
Shares of ConocoPhillips stock traded down $0.61 during trading hours on Friday, hitting $95.01. 646,390 shares of the company were exchanged, compared to its average volume of 8,233,511. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $116.08. The company has a current ratio of 1.27, a quick ratio of 1.13 and a debt-to-equity ratio of 0.36. The business has a 50-day moving average of $91.09 and a 200-day moving average of $94.43. The stock has a market capitalization of $120.11 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 2.47 and a beta of 0.61.
ConocoPhillips (NYSE:COP - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The energy producer reported $2.09 EPS for the quarter, topping the consensus estimate of $2.05 by $0.04. ConocoPhillips had a return on equity of 16.54% and a net margin of 16.02%. The business had revenue of $16.18 billion during the quarter, compared to analysts' expectations of $15.74 billion. During the same quarter in the prior year, the business earned $2.05 earnings per share. As a group, analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.
ConocoPhillips Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date was Monday, May 19th. ConocoPhillips's dividend payout ratio is currently 39.64%.
Insider Activity at ConocoPhillips
In related news, EVP Kirk L. Johnson acquired 5,300 shares of the firm's stock in a transaction that occurred 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 completion of the purchase, the executive vice president directly owned 14,527 shares in the company, valued at approximately $1,369,024.48. The trade was a 57.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.24% of the stock is currently owned by insiders.
Analyst Ratings Changes
COP has been the subject of several analyst reports. UBS Group upped their price target on ConocoPhillips from $111.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, July 11th. Bank of America reduced their target price on ConocoPhillips from $107.00 to $106.00 and set a "neutral" rating for the company in a report on Friday, May 23rd. Barclays reduced their target price on ConocoPhillips from $135.00 to $120.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. Wells Fargo & Company reissued an "overweight" rating and issued a $117.00 target price (up previously from $113.00) on shares of ConocoPhillips in a report on Thursday, June 26th. Finally, Royal Bank Of Canada reduced their price objective on shares of ConocoPhillips from $115.00 to $113.00 and set an "outperform" rating for the company in a research note on Friday, July 11th. Two research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, ConocoPhillips presently has an average rating of "Moderate Buy" and an average price target of $121.33.
Read Our Latest Analysis on ConocoPhillips
Institutional Trading of ConocoPhillips
Several large investors have recently bought and sold shares of the company. Principle Wealth Partners LLC grew its holdings in ConocoPhillips by 0.3% in the fourth quarter. Principle Wealth Partners LLC now owns 37,255 shares of the energy producer's stock valued at $3,695,000 after purchasing an additional 100 shares during the last quarter. Gray Wealth Management Inc. boosted its stake in shares of ConocoPhillips by 5.0% during the fourth quarter. Gray Wealth Management Inc. now owns 2,171 shares of the energy producer's stock valued at $215,000 after acquiring an additional 104 shares during the last quarter. Plancorp LLC boosted its stake in shares of ConocoPhillips by 2.7% during the fourth quarter. Plancorp LLC now owns 4,018 shares of the energy producer's stock valued at $399,000 after acquiring an additional 104 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in shares of ConocoPhillips by 3.7% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,912 shares of the energy producer's stock valued at $289,000 after acquiring an additional 105 shares during the last quarter. Finally, Councilmark Asset Management LLC boosted its stake in shares of ConocoPhillips by 0.5% during the fourth quarter. Councilmark Asset Management LLC now owns 19,639 shares of the energy producer's stock valued at $1,948,000 after acquiring an additional 106 shares during the last quarter. Institutional investors and hedge funds own 82.36% of the company's stock.
About Senator Mullin
Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father's plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.
ConocoPhillips Company Profile
(
Get Free Report)
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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