ConocoPhillips (NYSE:COP) Now Covered by Analysts at Piper Sandler

Posted by Francis Steltz on Oct 27th, 2026

ConocoPhillips logo Equities researchers at Piper Sandler began coverage on shares of ConocoPhillips (NYSE:COP – Get Free Report) in a report issued on Tuesday. The brokerage set a “neutral” rating and a $157.00 price target on the energy producer’s stock. Piper Sandler‘s price target would indicate a potential upside of 3.61% from the company’s previous close.

A number of other equities research analysts have also recently commented on COP. The Goldman Sachs Group restated a “buy” rating and issued a $157.00 price target on shares of ConocoPhillips in a report on Tuesday, October 20th. Wall Street Zen upgraded shares of ConocoPhillips from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Raymond James Financial reiterated an “underperform” rating and set a $168.00 price objective on shares of ConocoPhillips in a report on Monday, August 24th. Susquehanna increased their price objective on shares of ConocoPhillips from $161.00 to $175.00 and gave the stock a “positive” rating in a research report on Tuesday, October 20th. Finally, Weiss Ratings upgraded ConocoPhillips from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, ConocoPhillips presently has an average rating of “Moderate Buy” and a consensus price target of $145.00.

Check Out Our Latest Stock Report on COP

ConocoPhillips Price Performance

ConocoPhillips stock opened at $151.53 on Tuesday. The stock has a market capitalization of $182.04 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 1.47 and a beta of 0.24. ConocoPhillips has a 52-week low of $85.57 and a 52-week high of $152.77. 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 stock’s 50 day moving average price is $134.09 and its two-hundred day moving average price is $119.70.

ConocoPhillips (NYSE:COP – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.34. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The company had revenue of $19.52 billion during the quarter, compared to analyst estimates of $18.79 billion. During the same quarter in the previous year, the business posted $1.42 EPS. ConocoPhillips’s revenue for the quarter was up 32.4% compared to the same quarter last year. On average, equities analysts predict that ConocoPhillips will post 11.42 earnings per share for the current year.

Insider Transactions at ConocoPhillips

In related news, SVP Andrew Lundquist sold 9,487 shares of ConocoPhillips stock in a transaction on Friday, August 21st. The shares were sold at an average price of $135.15, for a total value of $1,282,168.05. Following the completion of the sale, the senior vice president owned 9,593 shares of the company’s stock, valued at approximately $1,296,493.95. This trade represents a 49.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.09% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Venture Visionary Partners LLC boosted its holdings in ConocoPhillips by 263.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 118,655 shares of the energy producer’s stock worth $14,850,000 after acquiring an additional 86,019 shares during the last quarter. Cooper Financial Group grew its stake in shares of ConocoPhillips by 55.9% in the 3rd quarter. Cooper Financial Group now owns 11,635 shares of the energy producer’s stock worth $1,456,000 after acquiring an additional 4,172 shares in the last quarter. B. Metzler seel. Sohn & Co. AG bought a new stake in shares of ConocoPhillips in the 2nd quarter worth $6,896,000. Qsemble Capital Management LP bought a new stake in shares of ConocoPhillips in the 2nd quarter worth $3,645,000. Finally, Cetera Trust Company N.A purchased a new stake in shares of ConocoPhillips in the second quarter valued at about $870,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

Positive Sentiment: ConocoPhillips reached $151.37, a new 52-week high, reflecting continued investor momentum in the energy sector. ConocoPhillips Reaches $151.37, a Fresh 52-Week High
Positive Sentiment: Brent crude futures rose above $116 per barrel, a six-month high, lifting major oil producers including COP. Higher oil prices can improve ConocoPhillips’ cash flow and earnings outlook. Why Did XOM, COP, CVX Jump To 52-Week Highs Last Week?
Positive Sentiment: Analysts expect a double-digit earnings increase in the third quarter, supporting optimism ahead of ConocoPhillips’ results later this month. The company previously exceeded earnings and revenue estimates in its latest reported quarter. What to Expect From ConocoPhillips’ Next Quarterly Earnings Report
Positive Sentiment: ConocoPhillips’ consensus price target was raised 13.63% to MX$2,845.05, indicating improved analyst expectations. ConocoPhillips Consensus Price Target Raised
Neutral Sentiment: Long-term performance coverage highlights the potential benefits of holding COP over extended periods, but it does not represent a new fundamental catalyst. Here’s How Much a $1000 Investment in ConocoPhillips Made 10 Years Ago Would Be Worth Today
Neutral Sentiment: Comparisons with EOG Resources may influence investor preference within the exploration-and-production sector, but the article does not announce a material change to COP’s operations. ConocoPhillips Vs EOG Resources
Negative Sentiment: ConocoPhillips plans additional Canadian workforce reductions for a second consecutive year and announced changes within its global IT organization. The moves may reduce costs, but they also signal restructuring and could raise concerns about operational disruption or weaker regional activity. ConocoPhillips to Reduce Workforce in Canada ConocoPhillips Announces Workforce Changes

ConocoPhillips Company Profile

(Get 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.