ConocoPhillips (NYSE:COP) Price Target Raised to $161.00

ConocoPhillips (NYSE:COP) had its target price boosted by equities research analysts at Susquehanna from $155.00 to $161.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “positive” rating on the energy producer’s stock. Susquehanna’s price objective indicates a potential upside of 31.02% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Freedom Capital lowered shares of ConocoPhillips from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 6th. Roth Capital raised shares of ConocoPhillips from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $124.00 to $130.00 in a research note on Monday, June 22nd. Mizuho lowered their price objective on shares of ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 7th. Scotiabank boosted their target price on shares of ConocoPhillips from $100.00 to $125.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. Finally, Truist Financial raised their target price on ConocoPhillips from $115.00 to $130.00 and gave the stock a “hold” rating in a research report on Monday. Eighteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $137.28.

ConocoPhillips Trading Up 4.5%

Shares of COP opened at $122.88 on Tuesday. The business’s 50-day moving average price is $113.23 and its 200 day moving average price is $115.92. The company has a current ratio of 1.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $147.62 billion, a P/E ratio of 16.25, a P/E/G ratio of 1.38 and a beta of 0.11. ConocoPhillips has a 1-year low of $85.57 and a 1-year high of $135.87.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.34. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The company had revenue of $19.52 billion during the quarter, compared to analyst estimates of $18.79 billion. During the same period in the prior year, the firm earned $1.42 earnings per share. The business’s quarterly revenue was up 32.4% on a year-over-year basis. Analysts expect that ConocoPhillips will post 9.44 earnings per share for the current year.

Institutional Investors Weigh In On ConocoPhillips

Several large investors have recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in ConocoPhillips during the fourth quarter worth $25,000. Strive Asset Management LLC acquired a new stake in shares of ConocoPhillips in the third quarter worth about $28,000. Frazier Financial Advisors LLC boosted its stake in shares of ConocoPhillips by 151.0% during the 1st quarter. Frazier Financial Advisors LLC now owns 241 shares of the energy producer’s stock worth $32,000 after acquiring an additional 145 shares in the last quarter. Allied Private Wealth LLC acquired a new position in shares of ConocoPhillips during the 2nd quarter valued at about $32,000. Finally, BNP Paribas acquired a new position in shares of ConocoPhillips during the 2nd quarter valued at about $33,000. Institutional investors own 82.36% of the company’s stock.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Strong Q2 performance supports the shares: ConocoPhillips reported $19.52 billion in second-quarter 2026 revenue, up 32.4% year over year, while adjusted earnings of $3.24 per share exceeded consensus by 10.8%. Cash from operations reached $7.2 billion, and management maintained full-year guidance. COP Q2 Deep Dive: Portfolio Shifts, Leadership Change and Global Growth Initiatives
• Positive Sentiment: Higher capital returns and oil prices add momentum: The company doubled second-quarter share repurchases and raised total shareholder distributions to $3.0 billion, while retaining its goal of returning 45% of cash from operations in 2026. Firmer crude prices have also lifted the broader energy sector. ConocoPhillips Stock Rises After Strong Q2 Results and Higher Oil Prices
• Positive Sentiment: Analyst outlook improved: Truist raised its COP price target from $115 to $130 while maintaining a Hold rating. A separate analysis upgraded its outlook following the earnings report, and commentary highlighted ConocoPhillips’ shale portfolio, asset sales and global growth initiatives as potential catalysts. Truist raises ConocoPhillips price target ConocoPhillips: A Revised Outlook Following Q2 Earnings
• Neutral Sentiment: Leadership transition creates an execution test: CFO Andy O’Brien will replace longtime CEO Ryan Lance on September 1. O’Brien inherits a $7 billion free-cash-flow target by 2029 and responsibility for completing the major Alaska oil project while controlling costs. New ConocoPhillips CEO inherits $7 billion cash flow pledge
• Negative Sentiment: Insider and institutional selling may temper enthusiasm: Reported insider activity showed 12 sales and no purchases over the past six months, while several large institutions reduced their holdings. These transactions are not necessarily company-specific signals, but they could weigh on sentiment.
• Negative Sentiment: Political pressure remains a risk: Illinois Governor JB Pritzker called for oil companies including COP to return alleged “windfall profits” to consumers, highlighting potential regulatory or political pressure if energy prices remain elevated. Pritzker demands Big Oil return windfall profits

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.