Oppenheimer & Co. Inc. Lowers Holdings in ConocoPhillips $COP

Oppenheimer & Co. Inc. cut its holdings in ConocoPhillips (NYSE:COP) by 13.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,241 shares of the energy producer’s stock after selling 8,013 shares during the period. Oppenheimer & Co. Inc.’s holdings in ConocoPhillips were worth $4,890,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new position in ConocoPhillips in the 3rd quarter worth approximately $26,000. Strive Asset Management LLC purchased a new position in ConocoPhillips in the 3rd quarter worth approximately $28,000. Board of the Pension Protection Fund purchased a new position in ConocoPhillips in the 4th quarter worth approximately $28,000. Cedar Mountain Advisors LLC lifted its holdings in ConocoPhillips by 58.0% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock worth $30,000 after purchasing an additional 116 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in ConocoPhillips in the 3rd quarter worth approximately $28,000. 82.36% of the stock is owned by hedge funds and other institutional investors.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Q1 results beat estimates on EPS and showed disciplined cost control and strong cash generation, supporting near‑term profitability. ConocoPhillips Q1 EPS beats estimates; shares fall on Qatar output cut
• Positive Sentiment: Higher crude prices from Mideast tensions are boosting margins and expected free cash flow, increasing capacity for buybacks/dividends. Higher Oil Prices Are Boosting This Oil Stock’s Profits. Here’s How It’s Using That Windfall.
• Positive Sentiment: Management outlined a $12.0–$12.5B 2026 capex range and reiterated multiyear free‑cash‑flow targets (on track for ~$7B FCF inflection by 2029), which supports long‑term shareholder returns. ConocoPhillips outlines $12B-$12.5B 2026 capex range…
• Neutral Sentiment: Zacks upgraded COP to strong‑buy and broader analyst commentary may influence flows, but upgrades are offset by the company’s trimmed production view. Is It Worth Investing in ConocoPhillips (COP) Based on Wall Street’s Bullish Views?
• Negative Sentiment: Management excluded Qatar from Q2 guidance and trimmed full‑year production targets amid the Middle East conflict, a direct hit to near‑term volume expectations. ConocoPhillips Q1 2026 earnings fall 21% to $2.2bn
• Negative Sentiment: YoY production and revenues declined (revenue down ~6%), and management warned of wider supply disruption risks — factors pressuring the stock despite the beat. ConocoPhillips posts lower first-quarter profit
• Negative Sentiment: Geopolitical escalation (Iran/Stait of Hormuz concerns) has pushed oil higher but raises operational and guidance uncertainty; market reaction shows shares falling on the guidance cut despite higher commodity prices. Oil Set for Weekly Gain as Trump Says Iran Blockade Will Persist

Analysts Set New Price Targets

A number of analysts have issued reports on COP shares. JPMorgan Chase & Co. lifted their price objective on ConocoPhillips from $98.00 to $103.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. The Goldman Sachs Group lifted their price objective on ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Morgan Stanley lifted their price objective on ConocoPhillips from $108.00 to $149.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 28th. Mizuho lifted their price objective on ConocoPhillips from $121.00 to $136.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Finally, Raymond James Financial lifted their price objective on ConocoPhillips from $118.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, ConocoPhillips has an average rating of “Moderate Buy” and a consensus price target of $133.04.

ConocoPhillips Stock Performance

NYSE COP opened at $123.19 on Friday. The company has a market cap of $150.15 billion, a P/E ratio of 20.91, a P/E/G ratio of 1.74 and a beta of 0.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.14 and a current ratio of 1.29. The business’s 50 day moving average price is $122.17 and its 200-day moving average price is $104.33. ConocoPhillips has a fifty-two week low of $84.28 and a fifty-two week high of $135.87.

ConocoPhillips (NYSE:COP) last released its earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.21. The firm had revenue of $15.76 billion for the quarter, compared to the consensus estimate of $15.62 billion. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The company’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.09 EPS. Sell-side analysts predict that ConocoPhillips will post 9.47 earnings per share for the current year.

ConocoPhillips Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 11th will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $3.36 annualized dividend and a dividend yield of 2.7%. ConocoPhillips’s payout ratio is currently 57.05%.

Insider Activity

In other news, Director Timothy A. Leach sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $118.79, for a total transaction of $4,751,600.00. Following the transaction, the director owned 411,211 shares of the company’s stock, valued at approximately $48,847,754.69. The trade was a 8.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Kelly Brunetti Rose sold 8,500 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $118.04, for a total value of $1,003,340.00. Following the transaction, the senior vice president directly owned 32,984 shares in the company, valued at approximately $3,893,431.36. This represents a 20.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 734,891 shares of company stock worth $93,345,692. Company insiders own 0.09% of the company’s stock.

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.