Insider Selling: ConocoPhillips (NYSE:COP) SVP Sells $317,630.72 in Stock

ConocoPhillips (NYSE:COP) SVP Heather Hrap sold 2,654 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $119.68, for a total transaction of $317,630.72. Following the completion of the transaction, the senior vice president owned 5,663 shares in the company, valued at approximately $677,747.84. The trade was a 31.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

ConocoPhillips Trading Up 0.7%

COP stock opened at $123.70 on Thursday. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $124.87. The firm’s 50-day moving average is $108.17 and its 200 day moving average is $97.45. The company has a market capitalization of $152.85 billion, a PE ratio of 19.51, a P/E/G ratio of 3.38 and a beta of 0.27. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14.

ConocoPhillips (NYSE:COP) last released 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 company had revenue of $13.86 billion during 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%. ConocoPhillips’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the firm earned $1.98 earnings per share. On average, research analysts anticipate that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were issued a $0.84 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.7%. ConocoPhillips’s payout ratio is presently 53.00%.

Institutional Trading of ConocoPhillips

A number of hedge funds have recently bought and sold shares of the stock. SBI Securities Co. Ltd. boosted its position in ConocoPhillips by 8.4% during the second quarter. SBI Securities Co. Ltd. now owns 1,650 shares of the energy producer’s stock valued at $148,000 after purchasing an additional 128 shares in the last quarter. Advisors Capital Management LLC raised its holdings in ConocoPhillips by 3.1% in the second quarter. Advisors Capital Management LLC now owns 12,351 shares of the energy producer’s stock worth $1,108,000 after purchasing an additional 371 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in ConocoPhillips by 6.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 309,613 shares of the energy producer’s stock worth $27,785,000 after purchasing an additional 17,839 shares in the last quarter. Meridian Wealth Management LLC lifted its position in shares of ConocoPhillips by 5.9% during the second quarter. Meridian Wealth Management LLC now owns 6,681 shares of the energy producer’s stock valued at $600,000 after buying an additional 374 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of ConocoPhillips by 3.4% during the second quarter. Cetera Investment Advisers now owns 351,590 shares of the energy producer’s stock valued at $31,552,000 after buying an additional 11,552 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. The Goldman Sachs Group raised their price objective on ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, February 6th. BMO Capital Markets upped their target price on ConocoPhillips from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Johnson Rice downgraded ConocoPhillips from an “accumulate” rating to a “hold” rating and dropped their price target for the stock from $108.00 to $105.00 in a research report on Friday, December 5th. Weiss Ratings restated a “hold (c-)” rating on shares of ConocoPhillips in a research note on Monday, December 29th. Finally, Sanford C. Bernstein decreased their price objective on ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating for the company in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, ConocoPhillips has a consensus rating of “Moderate Buy” and an average target price of $120.38.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips’ Australian unit issued a buyout notice to acquire 3D Energi’s participating interest in the VIC/P79 permit (Otway Basin). Consolidating the stake removes a non‑performing partner, preserves project timing and gives COP more operational control over a 2,575 km² shallow‑water acreage position — a near‑term positive for asset optionality. 3D Energi says ConocoPhillips’ Australian unit seeks buy to acquire its stake in Otway Basin ConocoPhillips issues buyout notice for 3D Energi’s VIC/P79 stake
• Positive Sentiment: Multiple brokerages raised targets on COP (examples: Barclays to $128, Mizuho to $136 and other firms boosting 2026 oil assumptions). Upgrades increase buy-side conviction and provide near‑term technical buyer support. Barclays Increases ConocoPhillips Price Target to $128.00 Mizuho raises price target coverage (coverage summary)
• Positive Sentiment: Higher oil-price expectations and Strait of Hormuz/tanker security concerns have pushed crude prices higher; that macro move benefits COP’s cash flow, margins and capital‑return capacity. Analyst notes cite stronger long‑term oil assumptions as a catalyst. Oil jumps as doubts linger over protection for Strait of Hormuz shipping
• Positive Sentiment: Minor institutional inflow: Advisory Services Network LLC modestly boosted its COP stake, a small vote of confidence from active managers. Advisory Services Network LLC Grows Stock Holdings in ConocoPhillips
• Neutral Sentiment: Press coverage notes ConocoPhillips is seeking to remove/replace a partner in the Australian exploration permit via default procedures — largely procedural but could mean small near‑term transaction costs depending on valuation outcomes. ConocoPhillips looks to remove partner in Australian exploration project
• Negative Sentiment: Insider selling: SVP Heather Hrap disclosed a sale of 2,654 shares. While single filings don’t prove negative fundamentals, clustered insider sales this week (other senior officers also sold) can heighten short‑term selling pressure or investor concern about timing. ConocoPhillips SVP Heather Hrap Sells Shares

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.