Analysts Set ConocoPhillips (NYSE:COP) PT at $134.60

Posted by on Jun 5th, 2026

ConocoPhillips (NYSE:COP – Get Free Report) has received a consensus rating of “Moderate Buy” from the twenty-eight analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and seventeen have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $134.48.

A number of brokerages have weighed in on COP. BMO Capital Markets decreased their target price on ConocoPhillips from $140.00 to $135.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Sanford C. Bernstein boosted their price objective on ConocoPhillips from $98.00 to $121.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. The Goldman Sachs Group boosted their price objective on ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Mizuho raised their target price on shares of ConocoPhillips from $136.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Finally, Susquehanna raised their target price on shares of ConocoPhillips from $149.00 to $152.00 in a research note on Friday, May 1st.

View Our Latest Report on ConocoPhillips

Insiders Place Their Bets

In related news, SVP Andrew D. Lundquist sold 34,500 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $119.68, for a total value of $4,128,960.00. Following the sale, the senior vice president directly owned 17,469 shares of the company’s stock, valued at $2,090,689.92. This trade represents a 66.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Nicholas G. Olds sold 6,994 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $127.06, for a total transaction of $888,657.64. Following the completion of the sale, the executive vice president directly owned 5,395 shares in the company, valued at $685,488.70. This represents a 56.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 694,891 shares of company stock valued at $88,594,092 over the last three months. Corporate insiders own 0.09% of the company’s stock.

Institutional Investors Weigh In On ConocoPhillips

A number of institutional investors and hedge funds have recently bought and sold shares of COP. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in ConocoPhillips during the fourth quarter valued at approximately $25,000. Cloud Capital Management LLC bought a new position in ConocoPhillips during the third quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new position in ConocoPhillips during the third quarter valued at approximately $28,000. Board of the Pension Protection Fund bought a new position in ConocoPhillips during the fourth quarter valued at approximately $28,000. Finally, Strive Asset Management LLC bought a new position in ConocoPhillips during the third quarter valued at approximately $28,000. 82.36% of the stock is owned by hedge funds and other institutional investors.

ConocoPhillips Price Performance

COP stock opened at $119.03 on Friday. The firm has a 50 day moving average of $122.32 and a 200-day moving average of $109.38. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.34. ConocoPhillips has a 12 month low of $85.23 and a 12 month high of $135.87. The firm has a market capitalization of $145.01 billion, a P/E ratio of 20.21, a price-to-earnings-growth ratio of 1.32 and a beta of 0.11.

ConocoPhillips (NYSE:COP – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.17. The firm had revenue of $15.76 billion for the quarter, compared to analysts’ expectations of $15.62 billion. ConocoPhillips had a net margin of 12.10% and a return on equity of 11.39%. The business’s quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.09 earnings per share. As a group, sell-side analysts predict that ConocoPhillips will post 10.03 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were paid a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, May 11th. ConocoPhillips’s dividend payout ratio (DPR) is currently 57.05%.

About ConocoPhillips

(Get Free Report)

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.

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Analyst Recommendations for ConocoPhillips (NYSE:COP)

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