FY2026 EPS Estimates for ConocoPhillips Increased by Analyst

ConocoPhillips (NYSE:COP) – Equities research analysts at Scotiabank upped their FY2026 earnings estimates for shares of ConocoPhillips in a research note issued on Thursday, May 14th. Scotiabank analyst B. Zhang now expects that the energy producer will earn $9.65 per share for the year, up from their prior estimate of $9.35. Scotiabank has a “Sector Perform” rating and a $125.00 price target on the stock. The consensus estimate for ConocoPhillips’ current full-year earnings is $9.62 per share. Scotiabank also issued estimates for ConocoPhillips’ FY2027 earnings at $8.25 EPS.

A number of other equities research analysts have also issued reports on the company. Truist Financial set a $128.00 target price on ConocoPhillips in a research note on Friday, May 1st. Capital One Financial raised their price target on ConocoPhillips from $116.00 to $156.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 26th. Wall Street Zen raised ConocoPhillips from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Bank of America restated an “underperform” rating and issued a $102.00 price objective on shares of ConocoPhillips in a research report on Friday, January 16th. Finally, The Goldman Sachs Group lifted their price objective on ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.84.

ConocoPhillips Stock Up 1.2%

COP stock opened at $118.84 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.29 and a quick ratio of 1.14. The company’s 50 day simple moving average is $122.93 and its 200-day simple moving average is $106.13. ConocoPhillips has a 12 month low of $84.28 and a 12 month high of $135.87. The firm has a market capitalization of $144.78 billion, a PE ratio of 20.18, a P/E/G ratio of 1.36 and a beta of 0.14.

ConocoPhillips (NYSE:COP) last announced its earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.17. ConocoPhillips had a net margin of 12.10% and a return on equity of 11.39%. The company had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.62 billion. During the same quarter in the previous year, the business posted $2.09 earnings per share. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Victory Capital Management Inc. grew its stake in ConocoPhillips by 14.7% during the third quarter. Victory Capital Management Inc. now owns 2,331,176 shares of the energy producer’s stock worth $220,506,000 after buying an additional 298,245 shares during the period. Natixis Advisors LLC lifted its holdings in shares of ConocoPhillips by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 1,996,426 shares of the energy producer’s stock valued at $188,842,000 after acquiring an additional 160,410 shares in the last quarter. Chilton Capital Management LLC boosted its position in ConocoPhillips by 3.2% during the 3rd quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock worth $36,890,000 after purchasing an additional 11,958 shares during the period. AE Wealth Management LLC boosted its position in ConocoPhillips by 107.5% during the 3rd quarter. AE Wealth Management LLC now owns 103,430 shares of the energy producer’s stock worth $9,783,000 after purchasing an additional 53,587 shares during the period. Finally, SPX Gestao de Recursos Ltda acquired a new stake in ConocoPhillips in the 3rd quarter valued at $1,892,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

Insider Activity at ConocoPhillips

In related news, SVP Andrew D. Lundquist sold 34,500 shares of the company’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $119.68, for a total value of $4,128,960.00. Following the completion of the transaction, the senior vice president directly owned 17,469 shares in the company, valued at approximately $2,090,689.92. This represents a 66.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Ryan Michael Lance sold 506,800 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $127.26, for a total value of $64,495,368.00. Following the transaction, the chief executive officer owned 6,835 shares in the company, valued at $869,822.10. This trade represents a 98.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 734,891 shares of company stock worth $93,345,692. Company insiders own 0.09% of the company’s stock.

ConocoPhillips Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be issued a $0.84 dividend. The ex-dividend date is Monday, May 11th. This represents a $3.36 annualized dividend and a yield of 2.8%. ConocoPhillips’s payout ratio is 57.05%.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Scotiabank raised its FY2026 EPS estimate for ConocoPhillips to $9.65 from $9.35, signaling improved earnings expectations and supporting the stock. ConocoPhillips (COP) Reports Q1 Earnings: What Key Metrics Have to Say
• Positive Sentiment: Scotiabank also lifted its FY2027 EPS estimate to $8.25 from $7.85, reinforcing the view that ConocoPhillips can sustain solid long-term profitability. ConocoPhillips stock page
• Positive Sentiment: Research sentiment remains generally constructive after ConocoPhillips’ Q1 earnings, with analysts highlighting the company’s valuation and cash-flow potential as reasons for continued investor interest. ConocoPhillips: More Upside Given Long-Term Cash Flow Tailwinds
• Neutral Sentiment: ConocoPhillips shareholders backed the board, governance measures, and auditors at the annual meeting, which confirms governance continuity but is unlikely to materially move the stock on its own. ConocoPhillips Stockholders Back Board, Governance and Auditors
• Negative Sentiment: BMO Capital Markets trimmed its price target to $135 from $140, a modest valuation reset that may temper some upside expectations. BMO Capital adjusts price target on ConocoPhillips

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.