ConocoPhillips $COP Stock Acquired by Provenance Wealth Advisors LLC

Posted by Brenda Bartman on Nov 4th, 2026

ConocoPhillips logo Provenance Wealth Advisors LLC boosted its stake in ConocoPhillips (NYSE:COP – Free Report) by 6,451.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,444 shares of the energy producer’s stock after purchasing an additional 16,193 shares during the quarter. Provenance Wealth Advisors LLC’s holdings in ConocoPhillips were worth $2,058,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Venture Visionary Partners LLC increased its holdings 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 purchasing an additional 86,019 shares during the period. Cooper Financial Group raised its position in shares of ConocoPhillips by 55.9% in the third quarter. Cooper Financial Group now owns 11,635 shares of the energy producer’s stock worth $1,456,000 after buying an additional 4,172 shares in the last quarter. B. Metzler seel. Sohn & Co. AG bought a new stake in ConocoPhillips during the second quarter valued at $6,896,000. Cetera Trust Company N.A bought a new stake in ConocoPhillips during the second quarter valued at $870,000. Finally, Qsemble Capital Management LP bought a new stake in ConocoPhillips during the second quarter valued at $3,645,000. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Analyst Ratings Changes

COP has been the subject of several recent analyst reports. The Goldman Sachs Group restated a “buy” rating and set a $157.00 target price on shares of ConocoPhillips in a research report on Tuesday, October 20th. Weiss Ratings raised ConocoPhillips from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 29th. Piper Sandler began coverage on ConocoPhillips in a research report on Tuesday, October 27th. They set a “neutral” rating and a $157.00 price target for the company. Mizuho cut their price objective on ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. Finally, Truist Financial upped their price objective on shares of ConocoPhillips from $130.00 to $136.00 and gave the stock a “hold” rating in a research report on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $145.08.

Read Our Latest Stock Analysis on COP

Insider Transactions at ConocoPhillips

In other news, SVP Andrew Lundquist sold 9,487 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president directly owned 9,593 shares in the company, valued at approximately $1,296,493.95. This represents a 49.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.09% of the stock is currently owned by company insiders.

ConocoPhillips Stock Performance

NYSE COP opened at $144.46 on Wednesday. ConocoPhillips has a 52-week low of $85.57 and a 52-week high of $154.28. 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 has a market capitalization of $173.54 billion, a P/E ratio of 19.11, a P/E/G ratio of 1.43 and a beta of 0.16. The company has a fifty day moving average of $136.59 and a 200-day moving average of $121.52.

ConocoPhillips (NYSE:COP – Get Free Report) last announced its earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $0.34. The company had revenue of $19.52 billion during the quarter, compared to analyst estimates of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The firm’s quarterly revenue was up 32.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.42 earnings per share. As a group, equities research analysts predict that ConocoPhillips will post 11.41 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a dividend of $0.84 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.36 annualized dividend and a yield of 2.3%. ConocoPhillips’s payout ratio is 44.44%.

About ConocoPhillips

(Free Report)

ConocoPhillips (NYSE:COP) is an independent exploration and production company engaged in finding, developing and producing oil, natural gas and natural gas liquids. Unlike integrated energy companies, it primarily focuses on upstream activities rather than operating large refining or retail fuel businesses.

The company’s portfolio includes conventional and unconventional oil and natural gas assets, liquefied natural gas-related interests, oil sands operations and other energy resources.