ConocoPhillips (NYSE:COP) Price Target Raised to $115.00

ConocoPhillips (NYSE:COP) had its price target raised by The Goldman Sachs Group from $108.00 to $115.00 in a research note released on Thursday morning,MarketScreener reports. The firm currently has a buy rating on the energy producer’s stock.

Several other research analysts also recently issued reports on the company. Wall Street Zen raised ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $98.00 target price on shares of ConocoPhillips in a report on Tuesday, January 20th. Evercore ISI dropped their price target on shares of ConocoPhillips from $115.00 to $111.00 and set an “outperform” rating for the company in a research note on Monday, October 6th. Barclays cut their price target on shares of ConocoPhillips from $122.00 to $118.00 and set an “overweight” rating on the stock in a report on Tuesday, October 7th. Finally, Royal Bank Of Canada increased their price objective on ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a report on Monday, October 13th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.83.

ConocoPhillips Trading Up 1.5%

NYSE COP opened at $98.34 on Thursday. The company has a market cap of $121.52 billion, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of 2.91 and a beta of 0.32. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $106.20. The company has a quick ratio of 1.18, a current ratio of 1.32 and a debt-to-equity ratio of 0.35. The business’s fifty day moving average is $93.40 and its 200 day moving average is $93.01.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.20. The business had revenue of $15.03 billion during the quarter, compared to analysts’ expectations of $14.51 billion. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.78 EPS. As a group, sell-side analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. This is a boost from ConocoPhillips’s previous quarterly dividend of $0.78. The ex-dividend date was Monday, November 17th. ConocoPhillips’s dividend payout ratio is currently 47.52%.

Insiders Place Their Bets

In other ConocoPhillips news, Director William H. Mcraven purchased 5,768 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was purchased at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the acquisition, the director owned 5,768 shares in the company, valued at approximately $499,970.24. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips 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 transaction, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. This trade represents a 60.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.24% of the stock is owned by company insiders.

Institutional Investors Weigh In On ConocoPhillips

Institutional investors and hedge funds have recently made changes to their positions in the business. Howard Hughes Medical Institute bought a new stake in ConocoPhillips in the second quarter worth approximately $25,000. Cloud Capital Management LLC acquired a new stake in shares of ConocoPhillips during the 3rd quarter worth approximately $26,000. Strive Asset Management LLC acquired a new stake in shares of ConocoPhillips during the 3rd quarter worth approximately $28,000. Board of the Pension Protection Fund bought a new stake in shares of ConocoPhillips in the 4th quarter valued at $28,000. Finally, Bogart Wealth LLC lifted its position in shares of ConocoPhillips by 136.8% during the 2nd quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock valued at $28,000 after acquiring an additional 182 shares during the period. Institutional investors own 82.36% of the company’s stock.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Raymond James raised its price target to $113 and kept an “outperform” rating, signaling expected upside and reinforcing buy-side sentiment. Raymond James adjusts price target on ConocoPhillips to $113
• Positive Sentiment: Goldman Sachs lifted its target to $115 and kept a “buy” rating, adding credibility to the view that COP shares have meaningful upside vs. current levels. Goldman Sachs adjusts price target on ConocoPhillips to $115
• Positive Sentiment: Another price-target bump to $116 was reported, adding to analyst-driven momentum and providing a near-term valuation anchor for investors. ConocoPhillips (NYSE:COP) Price Target Raised to $116.00
• Positive Sentiment: Company commentary at industry events emphasized continued Permian growth — management said the Permian “will keep filling the tank,” reinforcing production-growth expectations that support revenue and cash-flow forecasts. ConocoPhillips: Permian will “keep filling the tank”
• Positive Sentiment: Executives urged greater water reuse and new power lines in the Permian — operational measures that can lower costs, expand drilling efficiency and de-risk growth, which investors view favorably. ConocoPhillips leaders see more Permian gains, urge water reuse and new power lines
• Positive Sentiment: Coverage of the 2026 State of Oil & Gas in Midland highlighted industry tailwinds and operational plans that benefit major Permian operators like COP. 2026 State of Oil and Gas hosted in Midland brings insight on new year operations
• Neutral Sentiment: A Zacks piece reviews Wall Street analysts’ recommendations on COP and notes generally optimistic broker views — helpful context but not a fresh catalyst by itself. Is ConocoPhillips (COP) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: JPMorgan downgraded COP from Overweight to Neutral, which could temper upside for the stock and offset some of the bullish analyst moves. ConocoPhillips (NYSE:COP) Earns “Neutral” Rating from JPMorgan Chase & Co.

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.