ConocoPhillips (NYSE:COP) Price Target Raised to $161.00

ConocoPhillips (NYSE:COP) had its price objective lifted by Susquehanna from $155.00 to $161.00 in a research report released on Tuesday, MarketBeat.com reports. The brokerage currently has a positive rating on the energy producer’s stock.

A number of other analysts have also commented on COP. Mizuho dropped their price target on ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating on the stock in a report on Tuesday, July 7th. Jefferies Financial Group raised their target price on ConocoPhillips from $160.00 to $161.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Zacks Research cut ConocoPhillips from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. The Goldman Sachs Group cut their price target on shares of ConocoPhillips from $144.00 to $138.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Finally, Roth Capital upgraded shares of ConocoPhillips from a “neutral” rating to a “buy” rating and increased their price target for the company from $124.00 to $130.00 in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, ConocoPhillips currently has a consensus rating of “Moderate Buy” and an average price target of $137.68.

ConocoPhillips Price Performance

ConocoPhillips stock opened at $124.98 on Tuesday. ConocoPhillips has a 52 week low of $85.57 and a 52 week high of $135.87. The company’s 50 day moving average price is $113.69 and its two-hundred day moving average price is $116.53. The company has a quick ratio of 1.39, a current ratio of 1.54 and a debt-to-equity ratio of 0.35. The stock has a market cap of $150.14 billion, a P/E ratio of 16.53, a P/E/G ratio of 1.41 and a beta of 0.11.

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

ConocoPhillips Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, August 17th. ConocoPhillips’s dividend payout ratio (DPR) is currently 44.44%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in COP. AXA S.A. increased its holdings in ConocoPhillips by 91.1% in the 2nd quarter. AXA S.A. now owns 84,937 shares of the energy producer’s stock worth $7,622,000 after acquiring an additional 40,499 shares during the last quarter. Sei Investments Co. boosted its position in ConocoPhillips by 6.1% during the second quarter. Sei Investments Co. now owns 784,368 shares of the energy producer’s stock worth $70,397,000 after purchasing an additional 44,852 shares during the period. BNP Paribas purchased a new position in shares of ConocoPhillips in the second quarter worth about $33,000. Osterweis Capital Management Inc. purchased a new position in shares of ConocoPhillips in the second quarter worth about $151,000. Finally, Main Street Financial Solutions LLC raised its position in shares of ConocoPhillips by 53.5% in the second quarter. Main Street Financial Solutions LLC now owns 4,806 shares of the energy producer’s stock valued at $431,000 after purchasing an additional 1,675 shares during the period. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Key Headlines Impacting 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

About ConocoPhillips

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.