ConocoPhillips (NYSE:COP) Rating Increased to Strong-Buy at Freedom Capital

Freedom Capital upgraded shares of ConocoPhillips (NYSE:COP) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

COP has been the topic of a number of other reports. Jefferies Financial Group raised their target price on ConocoPhillips from $160.00 to $161.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Weiss Ratings upgraded ConocoPhillips from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. Susquehanna raised their price objective on ConocoPhillips from $155.00 to $161.00 and gave the company a “positive” rating in a report on Tuesday. Zacks Research cut ConocoPhillips from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, The Goldman Sachs Group reduced their target price on ConocoPhillips from $144.00 to $138.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $137.28.

ConocoPhillips Stock Performance

Shares of NYSE COP opened at $125.89 on Monday. The company has a market capitalization of $151.24 billion, a PE ratio of 16.65, a price-to-earnings-growth ratio of 1.44 and a beta of 0.11. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.54. The company’s fifty day moving average price is $113.41 and its 200 day moving average price is $116.13. ConocoPhillips has a 1 year low of $85.57 and a 1 year high of $135.87.

ConocoPhillips (NYSE:COP) last released its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $0.34. The company had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The firm’s revenue for the quarter was up 32.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.42 earnings per share. On average, research analysts predict that ConocoPhillips will post 9.49 earnings per share for the current year.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. ConocoPhillips’s dividend payout ratio (DPR) is currently 44.44%.

Institutional Investors Weigh In On ConocoPhillips

Several large investors have recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of ConocoPhillips during the fourth quarter worth $25,000. Strive Asset Management LLC acquired a new stake in shares of ConocoPhillips in the third quarter valued at about $28,000. Frazier Financial Advisors LLC lifted its stake in shares of ConocoPhillips by 151.0% in the first quarter. Frazier Financial Advisors LLC now owns 241 shares of the energy producer’s stock worth $32,000 after buying an additional 145 shares in the last quarter. Allied Private Wealth LLC acquired a new position in ConocoPhillips during the second quarter worth about $32,000. Finally, BNP Paribas acquired a new position in ConocoPhillips during the second quarter worth about $33,000. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Susquehanna raised its price target to $161 from $155 and upgraded COP to “positive,” implying significant upside from the referenced share price. The upgrade adds to a generally constructive analyst view of the stock. Benzinga analyst note
• Positive Sentiment: ConocoPhillips exceeded second-quarter expectations, reporting adjusted earnings of $3.24 per share versus the $2.90 consensus and revenue of $19.52 billion, up 32.4% year over year. Cash from operations reached $7.2 billion. COP Q2 Deep Dive
• Positive Sentiment: Capital returns increased: COP doubled second-quarter share repurchases and raised total shareholder distributions to $3 billion, while maintaining its plan to return 45% of 2026 cash from operations. Management also reaffirmed full-year guidance. ConocoPhillips stock analysis
• Positive Sentiment: Growth prospects remain supportive, including expected third-quarter production of 2.29 million–2.32 million barrels of oil equivalent per day, new LNG offtake agreements and potential benefits from portfolio changes and Alaska development.
• Neutral Sentiment: Truist raised its target to $130 from $115 but retained a “hold” rating, signaling improved valuation support without a strong conviction to buy. Truist analyst note
• Neutral Sentiment: CEO Ryan Lance will retire on September 1, with CFO Andy O’Brien succeeding him. The transition brings continuity but leaves O’Brien responsible for delivering a targeted $7 billion in free cash flow by 2029 and managing major Alaska project costs. Reuters CEO transition report
• Negative Sentiment: Insider and institutional trading data are mixed to bearish: insiders reported sales but no purchases over the past six months, while several large investors reduced their positions. These signals may temper enthusiasm despite the strong operating results.
• Negative Sentiment: Political pressure could create a risk to future cash returns. Illinois Gov. J.B. Pritzker has called on oil companies including COP to return alleged windfall profits to consumers amid geopolitical fuel-price concerns. Political pressure on oil companies

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.