ConocoPhillips (NYSE:COP) Share Price Crosses Above 50-Day Moving Average After Analyst Downgrade

ConocoPhillips (NYSE:COP)’s share price passed above its 50 day moving average during trading on Wednesday after Weiss Ratings upgraded the stock from a buy (b-) rating to a buy (b) rating. The stock has a 50 day moving average of $137.10 and traded as high as $137.94. ConocoPhillips shares last traded at $137.7510, with a volume of 4,999,944 shares changing hands.

COP has been the subject of a number of other research reports. UBS Group reaffirmed an “outperform” rating on shares of ConocoPhillips in a research report on Monday, November 2nd. Mizuho set a $149.00 target price on ConocoPhillips in a research report on Thursday, November 5th. Wells Fargo & Company lowered their price target on ConocoPhillips from $189.00 to $185.00 and set an “overweight” rating on the stock in a research note on Friday, November 6th. Jefferies Financial Group upped their price target on ConocoPhillips from $159.00 to $174.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Finally, William Blair assumed coverage on ConocoPhillips in a research report on Wednesday, October 28th. They issued a “market perform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $144.69.

Insider Activity

In other news, SVP Andrew Lundquist sold 9,487 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $135.15, for a total value of $1,282,168.05. Following the sale, the senior vice president owned 9,593 shares in the company, valued at approximately $1,296,493.95. The trade was a 49.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.09% of the company’s stock.

Latest ConocoPhillips News

Here’s some of the latest news about COP:

• Positive Sentiment: ConocoPhillips raised its quarterly dividend by 10.7%, adding to shareholder returns. The increase is encouraging, though investors will weigh whether free cash flow can sustain the payout. Article: ConocoPhillips Just Raised Its Dividend 10.7%. Does Its Free Cash Flow Cover the 2.5% Yield?
• Positive Sentiment: Q3 2026 revenue and adjusted profit exceeded analyst expectations, with sales up 29.2% year over year. The results provide a solid near-term earnings backdrop. Article: COP Q3 2026 deep dive
• Negative Sentiment: Freedom Broker lowered its rating from “buy” to “hold.” Although it raised its price target to $138 from $122, that target implies little upside from the cited $137.75 share price, signaling limited near-term valuation potential. Article: Freedom Broker rating information

Hedge Funds Weigh In On ConocoPhillips

Institutional investors have recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC bought a new position in shares of ConocoPhillips in the third quarter valued at approximately $28,000. Frazier Financial Advisors LLC grew its position in 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 during the last quarter. Allied Private Wealth LLC bought a new stake in ConocoPhillips during the 2nd quarter worth approximately $32,000. William Mack & Associates Inc. bought a new stake in ConocoPhillips during the 3rd quarter worth approximately $34,000. Finally, Evergreen Advisors LLC acquired a new stake in ConocoPhillips during the 1st quarter valued at $36,000. 82.36% of the stock is owned by institutional investors.

ConocoPhillips Price Performance

The stock has a fifty day moving average of $137.10 and a two-hundred day moving average of $122.68. The company has a current ratio of 1.52, a quick ratio of 1.37 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $162.87 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 1.25 and a beta of 0.16.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, November 5th. The energy producer reported $3.27 EPS for the quarter, topping analysts’ consensus estimates of $3.05 by $0.22. The company had revenue of $19.43 billion for the quarter, compared to analyst estimates of $18.59 billion. ConocoPhillips had a return on equity of 17.60% and a net margin of 16.55%. The business’s revenue was up 29.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.61 earnings per share. As a group, equities research analysts forecast that ConocoPhillips will post 12.09 earnings per share for the current year.

ConocoPhillips Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be paid a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from ConocoPhillips’s previous quarterly dividend of $0.84. The ex-dividend date is Monday, November 16th. ConocoPhillips’s dividend payout ratio is 39.08%.

About ConocoPhillips

ConocoPhillips is an independent exploration and production company focused on finding, developing and producing oil and natural gas. Its products include crude oil, natural gas, liquefied natural gas and natural gas liquids. The company operates in several regions, including North America, Europe, the Middle East, North Africa and the Asia-Pacific. Its activities span exploration, development and production, with a portfolio that includes both conventional and unconventional resources. ConocoPhillips was formed in 2002 through the merger of Conoco and Phillips Petroleum.