MRA Advisory Group Invests $1.11 Million in ConocoPhillips $COP

MRA Advisory Group purchased a new stake in shares of ConocoPhillips (NYSE:COP) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,672 shares of the energy producer’s stock, valued at approximately $1,109,000.

Several other large investors have also recently modified their holdings of the stock. Patten Group Inc. grew its position in shares of ConocoPhillips by 1.5% during the first quarter. Patten Group Inc. now owns 5,447 shares of the energy producer’s stock worth $719,000 after acquiring an additional 83 shares during the last quarter. IFC Advisors LLC lifted its position in ConocoPhillips by 0.4% in the 1st quarter. IFC Advisors LLC now owns 20,182 shares of the energy producer’s stock valued at $2,664,000 after purchasing an additional 84 shares during the last quarter. Cornerstone Planning Group LLC lifted its position in ConocoPhillips by 9.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,006 shares of the energy producer’s stock valued at $124,000 after purchasing an additional 88 shares during the last quarter. Blue Trust Inc. boosted its stake in ConocoPhillips by 0.4% during the 1st quarter. Blue Trust Inc. now owns 21,144 shares of the energy producer’s stock valued at $2,791,000 after purchasing an additional 92 shares during the period. Finally, Sigma Planning Corp boosted its stake in ConocoPhillips by 0.6% during the 1st quarter. Sigma Planning Corp now owns 16,062 shares of the energy producer’s stock valued at $2,120,000 after purchasing an additional 94 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: Q2 results exceeded expectations: ConocoPhillips reported adjusted earnings of $3.24 per share versus the roughly $2.90–$2.96 consensus, while revenue reached $19.52 billion, ahead of the $18.79 billion estimate. Earnings more than doubled year over year, supported by a 36% increase in realized prices to $62.33 per barrel of oil equivalent. ConocoPhillips Q2 earnings report
• Positive Sentiment: Cash flow and shareholder returns remained strong: The company generated approximately $7.4 billion in operating cash flow, repurchased $2 billion of stock and paid $1 billion in ordinary dividends. COP also declared another $0.84-per-share quarterly dividend, payable September 1 to shareholders of record August 17. ConocoPhillips second-quarter results and dividend
• Positive Sentiment: Long-term free-cash-flow outlook was reaffirmed: Management continues to target a $7 billion free-cash-flow inflection by 2029, helped by lower capital spending, major projects and improved Permian efficiency. Record Permian output and doubled share repurchases further supported the investment case. COP earnings call free-cash-flow outlook
• Positive Sentiment: Analyst sentiment improved: Goldman Sachs maintained a Buy rating and raised its price target to $140 following the earnings beat. Goldman Sachs raises COP price target
• Neutral Sentiment: Leadership transition appears orderly: CFO Andy O’Brien will become president and CEO on September 1, while Ryan Lance moves to transitional executive chair. The internal succession limits disruption but places execution expectations on the incoming chief executive. ConocoPhillips leadership succession announcement
• Negative Sentiment: Production declined year over year: Second-quarter production was 2.248 million barrels of oil equivalent per day, down from the prior year, although management expects third-quarter production to rise to 2.29–2.32 million barrels per day. ConocoPhillips Q2 2026 production and earnings data

ConocoPhillips Stock Up 0.6%

ConocoPhillips stock opened at $117.48 on Friday. The stock has a market cap of $143.13 billion, a price-to-earnings ratio of 15.54, a PEG ratio of 1.37 and a beta of 0.11. The company has a current ratio of 1.54, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $113.08 and its two-hundred day moving average price is $115.61. ConocoPhillips has a 52 week low of $85.57 and a 52 week high of $135.87.

ConocoPhillips (NYSE:COP) last released its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $0.34. The company had revenue of $19.52 billion for the quarter, compared to the consensus estimate of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. ConocoPhillips’s revenue was up 32.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.42 EPS. On average, analysts expect that ConocoPhillips will post 9.49 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.36 annualized dividend and a yield of 2.9%. ConocoPhillips’s payout ratio is presently 57.05%.

Wall Street Analyst Weigh In

Several research analysts have commented on COP shares. Raymond James Financial decreased their target price on shares of ConocoPhillips from $145.00 to $142.00 and set an “outperform” rating for the company in a research report on Monday, June 1st. Susquehanna lifted their price target on ConocoPhillips from $152.00 to $155.00 and gave the company a “positive” rating in a report on Tuesday, July 21st. BMO Capital Markets reduced their price objective on ConocoPhillips from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. Zacks Research lowered ConocoPhillips from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Finally, The Goldman Sachs Group lowered their target price on ConocoPhillips from $144.00 to $138.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Eighteen equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, ConocoPhillips has an average rating of “Moderate Buy” and a consensus price target of $136.44.

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.