First Nebraska Trust Co Acquires 66,150 Shares of ConocoPhillips $COP

Posted by George Bondi on Nov 4th, 2026

ConocoPhillips logo First Nebraska Trust Co bought a new stake in ConocoPhillips (NYSE:COP – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 66,150 shares of the energy producer’s stock, valued at approximately $8,279,000.

Several other institutional investors also recently made changes to their positions in COP. Carolina Wealth Advisors LLC purchased a new position in shares of ConocoPhillips in the 3rd quarter valued at about $28,000. Frazier Financial Advisors LLC boosted its holdings in ConocoPhillips by 151.0% during 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. William Mack & Associates Inc. purchased a new stake in ConocoPhillips during the third quarter worth about $34,000. Ballast Advisors LLC purchased a new stake in ConocoPhillips during the first quarter worth about $36,000. Finally, Evergreen Advisors LLC acquired a new position in ConocoPhillips during the first quarter worth about $36,000. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

ConocoPhillips Stock Down 1.6%

COP stock opened at $144.46 on Wednesday. The company’s 50 day simple moving average is $136.59 and its 200-day simple moving average is $121.52. The firm has a market capitalization of $173.54 billion, a PE ratio of 19.11, a P/E/G ratio of 1.43 and a beta of 0.16. ConocoPhillips has a 12 month low of $85.57 and a 12 month high of $154.28. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 1.39.

ConocoPhillips (NYSE:COP – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $0.34. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The business had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $18.79 billion. During the same period last year, the company posted $1.42 EPS. The company’s revenue was up 32.4% on a year-over-year basis. Equities analysts expect that ConocoPhillips will post 11.41 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

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

Analyst Upgrades and Downgrades

COP has been the subject of a number of research analyst reports. Weiss Ratings raised shares of ConocoPhillips from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 29th. Seaport Research Partners started coverage on shares of ConocoPhillips in a research report on Thursday, September 3rd. They set a “neutral” rating for the company. Argus boosted their price target on ConocoPhillips from $136.00 to $153.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Stifel Nicolaus started coverage on ConocoPhillips in a report on Thursday, September 10th. They issued a “hold” rating and a $148.00 price target on the stock. Finally, Piper Sandler assumed coverage on ConocoPhillips in a research note on Tuesday, October 27th. They issued a “neutral” rating and a $157.00 price objective for the company. Two equities research 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.08.

Read Our Latest Analysis on COP

Insider Buying and Selling

In other ConocoPhillips news, SVP Andrew Lundquist sold 9,487 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $135.15, for a total transaction of $1,282,168.05. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.09% of the company’s stock.

ConocoPhillips Company Profile

(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.