ConocoPhillips (NYSE:COP) Price Target Raised to $142.00

ConocoPhillips (NYSE:COP) had its price objective upped by Truist Financial from $136.00 to $142.00 in a research note published on Monday,Benzinga reports. They currently have a hold rating on the energy producer’s stock.

COP has been the subject of a number of other research reports. Raymond James Financial reissued an “outperform” rating and issued a $170.00 price target on shares of ConocoPhillips in a research note on Monday, November 2nd. The Goldman Sachs Group reissued a “buy” rating and issued a $157.00 target price on shares of ConocoPhillips in a research note on Tuesday, October 20th. Wells Fargo & Company cut their price objective on ConocoPhillips from $189.00 to $185.00 and set an “overweight” rating for the company in a report on Friday, November 6th. Barclays dropped their target price on ConocoPhillips from $155.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, August 17th. Finally, William Blair began coverage on shares of ConocoPhillips in a research report on Wednesday, October 28th. They set a “market perform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $144.69.

ConocoPhillips Stock Performance

NYSE:COP opened at $137.75 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.37 and a current ratio of 1.52. ConocoPhillips has a 52-week low of $85.70 and a 52-week high of $154.28. The firm has a market cap of $162.87 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 1.25 and a beta of 0.16. The business’s fifty day moving average is $137.10 and its 200 day moving average is $122.68.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, November 5th. The energy producer reported $3.27 EPS for the quarter, topping the consensus estimate of $3.05 by $0.22. ConocoPhillips had a return on equity of 17.60% and a net margin of 16.55%. The business had revenue of $19.43 billion during the quarter, compared to the consensus estimate of $18.59 billion. During the same quarter last year, the company earned $1.61 EPS. The firm’s revenue was up 29.2% compared to the same quarter last year. Research analysts predict that ConocoPhillips will post 12.09 EPS for the current year.

ConocoPhillips Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be paid a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 2.7%. This is a positive change from ConocoPhillips’s previous quarterly dividend of $0.84. The ex-dividend date of this dividend is Monday, November 16th. ConocoPhillips’s payout ratio is currently 39.08%.

Insider Buying and Selling

In other ConocoPhillips news, SVP Andrew Lundquist sold 9,487 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $135.15, for a total value of $1,282,168.05. Following the completion of the sale, the senior vice president owned 9,593 shares in the company, valued at approximately $1,296,493.95. This trade represents a 49.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.09% of the stock is owned by insiders.

Institutional Investors Weigh In On ConocoPhillips

Several institutional investors and hedge funds have recently modified their holdings of COP. Venture Visionary Partners LLC grew its stake in shares of ConocoPhillips by 263.6% in the third quarter. Venture Visionary Partners LLC now owns 118,655 shares of the energy producer’s stock worth $14,850,000 after acquiring an additional 86,019 shares during the period. Cooper Financial Group raised its holdings in shares of ConocoPhillips by 55.9% during the third quarter. Cooper Financial Group now owns 11,635 shares of the energy producer’s stock valued at $1,456,000 after purchasing an additional 4,172 shares during the last quarter. B. Metzler seel. Sohn & Co. AG purchased a new stake in ConocoPhillips in the second quarter worth approximately $6,896,000. NewEdge Advisors LLC grew its position in ConocoPhillips by 22.7% in the 2nd quarter. NewEdge Advisors LLC now owns 243,708 shares of the energy producer’s stock worth $25,336,000 after purchasing an additional 45,088 shares during the period. Finally, Cetera Trust Company N.A bought a new stake in ConocoPhillips in the 2nd quarter worth approximately $870,000. 82.36% of the stock is owned by hedge funds and other institutional investors.

ConocoPhillips News Summary

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

ConocoPhillips Company Profile

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.