Citigroup Issues Positive Forecast for ConocoPhillips (NYSE:COP) Stock Price

ConocoPhillips (NYSE:COP) had its price target raised by Citigroup from $115.00 to $125.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has a buy rating on the energy producer’s stock.

A number of other research firms have also recently commented on COP. The Goldman Sachs Group increased their price target on ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday. Jefferies Financial Group reaffirmed a “buy” rating on shares of ConocoPhillips in a report on Monday, December 15th. BMO Capital Markets lifted their price objective on ConocoPhillips from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday. Sanford C. Bernstein dropped their target price on ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Finally, Roth Mkm reissued a “buy” rating and issued a $112.00 price target on shares of ConocoPhillips in a report on Thursday. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.35.

ConocoPhillips Stock Performance

ConocoPhillips stock opened at $107.69 on Friday. The firm has a market capitalization of $133.07 billion, a P/E ratio of 16.99 and a beta of 0.32. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $108.43. The company’s 50-day moving average is $96.50 and its 200 day moving average is $93.72. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.18.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.21). The business had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The business’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.98 earnings per share. Research analysts forecast that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.1%. ConocoPhillips’s dividend payout ratio is presently 47.52%.

Insider Buying and Selling

In related news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the transaction, the chief executive officer owned 325,972 shares in the company, valued at approximately $30,152,410. This trade represents a 60.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William H. Mcraven bought 5,768 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was bought at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the transaction, the director directly owned 5,768 shares of the company’s stock, valued at $499,970.24. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.24% of the company’s stock.

Institutional Trading of ConocoPhillips

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COP. Duncan Williams Asset Management LLC lifted its holdings in shares of ConocoPhillips by 4.4% during the 4th quarter. Duncan Williams Asset Management LLC now owns 2,370 shares of the energy producer’s stock valued at $222,000 after acquiring an additional 100 shares in the last quarter. Wedge Capital Management L L P NC increased its stake in ConocoPhillips by 4.1% during the 4th quarter. Wedge Capital Management L L P NC now owns 2,570 shares of the energy producer’s stock worth $241,000 after buying an additional 101 shares during the period. Strategic Blueprint LLC lifted its holdings in ConocoPhillips by 1.3% in the 4th quarter. Strategic Blueprint LLC now owns 8,018 shares of the energy producer’s stock worth $751,000 after buying an additional 101 shares in the last quarter. Chesapeake Wealth Management grew its stake in shares of ConocoPhillips by 1.5% during the fourth quarter. Chesapeake Wealth Management now owns 7,160 shares of the energy producer’s stock valued at $670,000 after acquiring an additional 103 shares in the last quarter. Finally, Oregon Pacific Wealth Management LLC lifted its stake in shares of ConocoPhillips by 4.5% in the fourth quarter. Oregon Pacific Wealth Management LLC now owns 2,414 shares of the energy producer’s stock worth $226,000 after acquiring an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Management committed to returning 45% of operating cash flow to shareholders (boosting yield/total-return prospects), supported by strong reported cash generation. ConocoPhillips Stock Still Looks Cheap – What’s The Best Play Here?
• Positive Sentiment: Wells Fargo raised its price target to $133 and kept an overweight rating — a material upside call that can attract momentum buyers. Wells Fargo raises PT to $133
• Neutral Sentiment: CEO Ryan Lance signaled a shift toward organic growth and international expansion (less M&A focus) — a strategic pivot that could change capital allocation and growth tempo over time. Analyst: Focus on organic growth
• Neutral Sentiment: Articles flag a Venezuela monetization-first approach (collect payments/settlements before ramping drilling) — could unlock value but is execution- and timing-dependent. Venezuela strategy piece
• Negative Sentiment: Q4 results missed consensus: non‑GAAP EPS $1.02 vs. estimates (~$1.23) and revenue slightly below expectations; management cited weaker realized oil prices — the miss pressured shares and remains a near-term earnings risk. Reuters: Q4 earnings miss
• Negative Sentiment: JPMorgan’s updated target ($103, neutral) implies limited near-term upside from current levels — a restraint on bullish investor positioning. JPMorgan maintains neutral PT $103

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.