ConocoPhillips FY2025 EPS Forecast Raised by Zacks Research

ConocoPhillips (NYSE:COP) – Equities research analysts at Zacks Research increased their FY2025 earnings estimates for ConocoPhillips in a note issued to investors on Monday, December 29th. Zacks Research analyst Team now anticipates that the energy producer will post earnings per share of $6.39 for the year, up from their previous forecast of $6.37. The consensus estimate for ConocoPhillips’ current full-year earnings is $8.16 per share. Zacks Research also issued estimates for ConocoPhillips’ Q1 2027 earnings at $2.00 EPS and FY2027 earnings at $7.39 EPS.

COP has been the subject of several other reports. Susquehanna lowered their price objective on ConocoPhillips to $113.00 and set a “positive” rating for the company in a research note on Monday, October 20th. JPMorgan Chase & Co. lowered their price target on ConocoPhillips from $112.00 to $102.00 and set an “overweight” rating for the company in a research report on Monday, December 8th. Jefferies Financial Group reissued a “buy” rating on shares of ConocoPhillips in a research note on Monday, December 15th. Capital One Financial lifted their price target on shares of ConocoPhillips from $111.00 to $112.00 in a research note on Friday, October 3rd. Finally, Raymond James Financial reduced their price objective on shares of ConocoPhillips from $117.00 to $115.00 and set an “outperform” rating on the stock in a research report on Monday, September 8th. Nineteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, ConocoPhillips currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.08.

ConocoPhillips Trading Up 1.6%

COP opened at $94.14 on Wednesday. The stock has a 50-day moving average of $90.31 and a 200 day moving average of $92.48. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $106.20. The firm has a market cap of $116.33 billion, a P/E ratio of 13.31, a P/E/G ratio of 2.10 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last announced its earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.20. ConocoPhillips had a net margin of 14.25% and a return on equity of 13.64%. The firm had revenue of $15.03 billion for the quarter, compared to analysts’ expectations of $14.51 billion. During the same period in the prior year, the company earned $1.78 EPS. The business’s revenue was up 14.1% compared to the same quarter last year.

Institutional Investors Weigh In On ConocoPhillips

Several large investors have recently bought and sold shares of the company. Davis Selected Advisers boosted its stake in ConocoPhillips by 0.9% during the third quarter. Davis Selected Advisers now owns 1,599,311 shares of the energy producer’s stock worth $151,279,000 after buying an additional 13,724 shares during the last quarter. Triumph Capital Management increased its stake in shares of ConocoPhillips by 9.0% in the 3rd quarter. Triumph Capital Management now owns 2,799 shares of the energy producer’s stock worth $265,000 after acquiring an additional 232 shares during the last quarter. Keel Point LLC raised its holdings in shares of ConocoPhillips by 6.8% during the 3rd quarter. Keel Point LLC now owns 7,709 shares of the energy producer’s stock worth $729,000 after acquiring an additional 493 shares during the period. Hudson Bay Capital Management LP raised its holdings in shares of ConocoPhillips by 139.7% during the 3rd quarter. Hudson Bay Capital Management LP now owns 9,237 shares of the energy producer’s stock worth $874,000 after acquiring an additional 32,529 shares during the period. Finally, Severin Investments LLC acquired a new position in shares of ConocoPhillips during the 3rd quarter valued at about $473,000. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director William H. Mcraven bought 5,768 shares of the stock in a transaction dated Monday, November 10th. The shares were purchased at an average price of $86.68 per share, for a total transaction of $499,970.24. Following the completion of the purchase, the director directly owned 5,768 shares of the company’s stock, valued at $499,970.24. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $92.50, for a total value of $46,315,490.00. Following the sale, the chief executive officer owned 325,972 shares in the company, valued at $30,152,410. This trade represents a 60.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.24% of the company’s stock.

ConocoPhillips Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, November 17th. This is a positive change from ConocoPhillips’s previous quarterly dividend of $0.78. ConocoPhillips’s dividend payout ratio (DPR) is currently 47.52%.

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.