ConocoPhillips (NYSE:COP) Given New $130.00 Price Target at BMO Capital Markets

ConocoPhillips (NYSE:COP) had its price objective upped by research analysts at BMO Capital Markets from $115.00 to $130.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the energy producer’s stock. BMO Capital Markets’ price target points to a potential upside of 9.69% from the company’s previous close.

COP has been the subject of a number of other research reports. Mizuho lifted their price target on shares of ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Roth Mkm lowered shares of ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 price objective on the stock. in a report on Tuesday, February 17th. Argus lifted their price objective on shares of ConocoPhillips from $111.00 to $128.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 13th. UBS Group reissued a “buy” rating and issued a $130.00 target price on shares of ConocoPhillips in a report on Monday, February 9th. Finally, The Goldman Sachs Group raised their price target on ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, ConocoPhillips has an average rating of “Moderate Buy” and a consensus price target of $116.96.

ConocoPhillips Stock Up 0.2%

COP traded up $0.27 on Tuesday, hitting $118.51. 2,505,878 shares of the company were exchanged, compared to its average volume of 8,779,263. The firm has a 50-day moving average price of $102.21 and a two-hundred day moving average price of $95.54. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $122.50. The company has a market cap of $146.45 billion, a price-to-earnings ratio of 18.55, a price-to-earnings-growth ratio of 2.88 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last announced 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). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The company had revenue of $13.86 billion during the quarter, compared to analysts’ expectations of $14.35 billion. During the same quarter in the previous year, the business posted $1.98 EPS. The business’s quarterly revenue was down 3.7% compared to the same quarter last year. On average, equities analysts predict that ConocoPhillips will post 8.16 earnings per share for the current year.

Insider Activity at ConocoPhillips

In other news, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the sale, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. The trade was a 60.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On ConocoPhillips

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Versor Investments LP purchased a new position in shares of ConocoPhillips during the 2nd quarter worth approximately $296,000. Marion Wealth Management boosted its position in shares of ConocoPhillips by 3.8% during the second quarter. Marion Wealth Management now owns 16,441 shares of the energy producer’s stock valued at $1,475,000 after purchasing an additional 596 shares in the last quarter. Prosperity Consulting Group LLC grew its stake in ConocoPhillips by 12.4% in the second quarter. Prosperity Consulting Group LLC now owns 6,145 shares of the energy producer’s stock worth $551,000 after purchasing an additional 679 shares during the period. NewSquare Capital LLC grew its stake in ConocoPhillips by 27.5% in the second quarter. NewSquare Capital LLC now owns 801 shares of the energy producer’s stock worth $72,000 after purchasing an additional 173 shares during the period. Finally, Cassaday & Co Wealth Management LLC lifted its position in ConocoPhillips by 5.3% during the second quarter. Cassaday & Co Wealth Management LLC now owns 5,361 shares of the energy producer’s stock valued at $481,000 after buying an additional 268 shares during the period. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Geopolitical shock lifts oil prices and COP shares — Fighting in the Middle East (US/Israeli strikes on Iran) pushed WTI sharply higher, prompting a rally in US oil names including ConocoPhillips and helping the stock reach a 52-week high. Cheniere, Exxon, Chevron Stocks Rise Again
• Positive Sentiment: Citi raises price target to $135 and reiterates Buy — Citigroup boosted its PT (from $125 to $135), signaling analyst conviction that COP has meaningful upside based on oil exposure and FCF upside. Citigroup price target raise
• Positive Sentiment: Analyst cash-flow upgrades and long-term bull cases — Goldman and other analysts are projecting strong FCF growth (Goldman noted a potential ~24% FCF CAGR) and media pieces highlight scenarios where COP’s FCF could nearly double by 2029 at ~$70 oil, supporting higher capital returns. Analyst sees bigger gains ahead
• Positive Sentiment: Portfolio moves could boost capital returns — Reports say COP is exploring sale of select Permian assets for roughly $2B as part of an expanded divestiture program; management may use proceeds to accelerate buybacks/dividends or redeploy into higher-return projects. Is ConocoPhillips Using Permian Sales…
• Positive Sentiment: Market momentum & technicals — Coverage notes and price action (stock recently hit $119.02 52-week high) have drawn momentum buyers; some investors are considering option strategies to monetize elevated volatility. COP hits 52-week high
• Neutral Sentiment: Investor tactics and option flow — Rising shares and near-term volatility have prompted suggestions to sell out‑of‑the‑money covered calls to capture elevated option yields; that’s a shareholder income strategy rather than company fundamental news. Time to sell covered calls in COP?
• Neutral Sentiment: Political / ownership headlines — Coverage listing members of Congress who hold oil stocks is informative for market narrative but has limited immediate impact on fundamentals. Congress members who own shares

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.