Ryan Michael Lance Sells 113,221 Shares of ConocoPhillips (NYSE:COP) Stock

ConocoPhillips (NYSE:COP) CEO Ryan Michael Lance sold 113,221 shares of the stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $132.71, for a total transaction of $15,025,558.91. Following the completion of the transaction, the chief executive officer directly owned 350,000 shares of the company’s stock, valued at approximately $46,448,500. This trade represents a 24.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Ryan Michael Lance also recently made the following trade(s):

• On Friday, March 20th, Ryan Michael Lance sold 506,800 shares of ConocoPhillips stock. The stock was sold at an average price of $127.26, for a total value of $64,495,368.00.

ConocoPhillips Price Performance

NYSE COP traded up $1.85 during mid-day trading on Thursday, hitting $130.23. The stock had a trading volume of 1,952,670 shares, compared to its average volume of 9,827,367. The company has a 50 day simple moving average of $114.62 and a 200 day simple moving average of $99.91. The company has a market cap of $158.73 billion, a price-to-earnings ratio of 20.55, a P/E/G ratio of 2.56 and a beta of 0.18. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $135.87. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35.

ConocoPhillips (NYSE:COP) last posted its earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.21). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The firm had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. During the same period last year, the company posted $1.98 EPS. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. Equities analysts forecast that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were paid a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is presently 53.00%.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Zacks Research upgraded COP from “strong sell” to “hold,” which can support sentiment and limit further downside by reducing sell-side pressure. Zacks Upgrade
• Positive Sentiment: An analyst upgrade pushed COP to a new one?year high earlier this week, showing some institutional interest and providing a technical support reference for buyers. ConocoPhillips Sets New 1-Year High After Analyst Upgrade
• Neutral Sentiment: Goldman Sachs remains bullish on several dividend?paying energy names; sector-level optimism can help sentiment for large oil names, but may redirect flows to those specific picks rather than COP. Goldman Sachs Bullish on Energy Superstars
• Neutral Sentiment: Local Permian Basin community programs (small business training) are positive PR for COP’s onshore footprint but are not material to near?term earnings. Permian Basin Small Business Program
• Negative Sentiment: Barron’s reports Diamondback Resources has replaced ConocoPhillips on a top?oil-picks list — a shift that can redirect investor allocations toward tighter-shale operators and away from large integrated/independent producers like COP. Diamondback Stock Rallies; Knocked ConocoPhillips Off Top Picks
• Negative Sentiment: Market commentary says investors are unwinding a “war premium” in energy as Iran de?escalation hopes rise—this reduced geopolitical risk is dragging oil names including COP lower. Unwinding War Premium MSN: What’s Going On With ConocoPhillips Stock
• Negative Sentiment: Sector and market moves: coverage notes COP stock sank while broader market gained, reflecting profit?taking and rotation away from energy after recent gains. Short?term technicals are under pressure. COP Stock Sinks As Market Gains
• Negative Sentiment: Comparative strength from peers—ExxonMobil highlighting advantaged upstream assets and aggressive growth targets—can shift investor preference toward supermajors with clearer growth narratives versus COP. Exxon’s Advantaged Upstream Assets

Wall Street Analysts Forecast Growth

Several analysts have recently commented on COP shares. Jefferies Financial Group increased their price target on shares of ConocoPhillips from $120.00 to $129.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Truist Financial began coverage on ConocoPhillips in a report on Tuesday, March 24th. They set a “hold” rating and a $124.00 target price on the stock. Zacks Research raised ConocoPhillips from a “strong sell” rating to a “hold” rating in a research report on Monday. Wells Fargo & Company upped their price objective on ConocoPhillips from $132.00 to $133.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Finally, Susquehanna increased their price objective on ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.36.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. McAlvany Wealth Management LLC acquired a new stake in shares of ConocoPhillips during the fourth quarter worth $2,802,000. World Investment Advisors increased its stake in ConocoPhillips by 3.9% in the fourth quarter. World Investment Advisors now owns 75,617 shares of the energy producer’s stock valued at $7,078,000 after purchasing an additional 2,821 shares during the last quarter. Larry Mathis Financial Planning LLC purchased a new position in ConocoPhillips during the fourth quarter worth about $470,000. Union Savings Bank acquired a new stake in ConocoPhillips in the 4th quarter worth about $148,000. Finally, Hsbc Holdings PLC grew its holdings in ConocoPhillips by 7.4% in the 4th quarter. Hsbc Holdings PLC now owns 2,992,999 shares of the energy producer’s stock valued at $280,192,000 after buying an additional 207,459 shares during the period. Hedge funds and other institutional investors own 82.36% 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.