ConocoPhillips (NYSE:COP) EVP Sells $888,657.64 in Stock

ConocoPhillips (NYSE:COP) EVP Nicholas Olds sold 6,994 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $127.06, for a total value of $888,657.64. Following the completion of the sale, the executive vice president owned 5,395 shares of the company’s stock, valued at approximately $685,488.70. This represents a 56.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

ConocoPhillips Stock Performance

Shares of ConocoPhillips stock opened at $128.85 on Thursday. The business has a 50-day simple moving average of $111.16 and a 200 day simple moving average of $98.54. ConocoPhillips has a one year low of $79.88 and a one year high of $131.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. The firm has a market capitalization of $159.22 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 3.20 and a beta of 0.27.

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

ConocoPhillips Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were issued a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio (DPR) is currently 53.00%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on COP. Susquehanna boosted their price target on shares of ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research note on Friday, February 6th. Bank of America reaffirmed an “underperform” rating and issued a $102.00 price objective on shares of ConocoPhillips in a research note on Friday, January 16th. Raymond James Financial lifted their price objective on shares of ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Zacks Research downgraded shares of ConocoPhillips from a “hold” rating to a “strong sell” rating in a research report on Friday, February 27th. Finally, Citigroup raised their price target on shares of ConocoPhillips from $125.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, ConocoPhillips presently has a consensus rating of “Moderate Buy” and a consensus price target of $120.52.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analysts/industry pieces highlight ConocoPhillips as well-positioned among integrated U.S. energy names despite headwinds, supporting longer‑term demand for COP exposure. 3 US Integrated Energy Stocks to Gain Despite Industry Headwinds
• Positive Sentiment: CEO Ryan Lance told press that while roughly 20% of global LNG capacity isn’t flowing after recent strikes, the impact is “manageable” for ConocoPhillips — messaging that suggests the company expects limited long‑term operational disruption. CNBC Interview with CEO Ryan Lance
• Neutral Sentiment: Options/derivatives desks note COP looks like a candidate for covered‑call strategies given elevated price targets and volatility — a signal some investors see as opportunity to harvest premium rather than chase upside. Covered Call COP Plays Look Attractive
• Neutral Sentiment: Local/community initiatives and bullish retail writeups (articles debating buy theses) keep positive investor interest but are unlikely to move the stock materially on their own. UTPB Small Biz Builder program
• Negative Sentiment: Multiple insider sales were disclosed this week: SVP Kelly Brunetti Rose sold 7,700 shares, EVP Nicholas Olds sold ~6,994 shares, and reports show CEO Ryan Lance executed a large sale (506,800 shares). Significant insider selling can increase investor caution about near‑term positioning. Kelly Brunetti Rose insider sale Ryan Lance sale report
• Negative Sentiment: Geopolitical/operational risk: ConocoPhillips is urging the U.S. to expand protection around Qatari energy assets after Iranian strikes damaged facilities; the company reported evacuations and heightened security — a near‑term risk to LNG operations and project timelines. ConocoPhillips Seeks US Protection (Qatar)
• Negative Sentiment: Some sell‑side activity is cautious: Truist initiated a “hold” with a modest downside target and other mixed analyst notes continue to create a range of price expectations, tempering near‑term upside. (See multiple analyst notes summarized in recent coverage.)

Hedge Funds Weigh In On ConocoPhillips

A number of hedge funds have recently bought and sold shares of COP. Tema Etfs LLC bought a new stake in ConocoPhillips during the third quarter worth $1,804,000. Victory Capital Management Inc. grew its stake in ConocoPhillips by 14.7% in the 3rd quarter. Victory Capital Management Inc. now owns 2,331,176 shares of the energy producer’s stock valued at $220,506,000 after purchasing an additional 298,245 shares during the period. Natixis Advisors LLC increased its position in shares of ConocoPhillips by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 1,996,426 shares of the energy producer’s stock valued at $188,842,000 after purchasing an additional 160,410 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of ConocoPhillips by 12.1% during the 3rd quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock worth $13,321,000 after purchasing an additional 15,202 shares during the period. Finally, Chilton Capital Management LLC grew its position in ConocoPhillips by 3.2% during the third quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock valued at $36,890,000 after buying an additional 11,958 shares during the period. 82.36% of the stock is owned by hedge funds and other institutional investors.

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.