Brokers Set Expectations for ConocoPhillips Q1 Earnings

ConocoPhillips (NYSE:COP) – Stock analysts at Capital One Financial upped their Q1 2025 earnings estimates for shares of ConocoPhillips in a research note issued to investors on Monday, February 10th. Capital One Financial analyst P. Johnston now expects that the energy producer will post earnings per share of $1.97 for the quarter, up from their prior estimate of $1.77. The consensus estimate for ConocoPhillips’ current full-year earnings is $8.30 per share. Capital One Financial also issued estimates for ConocoPhillips’ FY2029 earnings at $9.37 EPS.

A number of other equities research analysts have also recently commented on COP. Susquehanna increased their target price on shares of ConocoPhillips from $144.00 to $148.00 and gave the company a “positive” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. upgraded ConocoPhillips from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $120.00 to $123.00 in a research note on Thursday, December 5th. Truist Financial raised their price target on ConocoPhillips from $138.00 to $139.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Wells Fargo & Company decreased their price objective on shares of ConocoPhillips from $132.00 to $128.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Mizuho raised shares of ConocoPhillips from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $132.00 to $134.00 in a research report on Monday, December 16th. Two analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, ConocoPhillips has an average rating of “Moderate Buy” and a consensus price target of $133.72.

ConocoPhillips Stock Performance

Shares of ConocoPhillips stock opened at $101.72 on Tuesday. The company has a market capitalization of $117.08 billion, a PE ratio of 13.06, a P/E/G ratio of 0.77 and a beta of 1.18. The company has a 50-day simple moving average of $100.91 and a two-hundred day simple moving average of $106.03. ConocoPhillips has a one year low of $94.23 and a one year high of $135.18. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.16 and a current ratio of 1.29.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings results on Thursday, February 6th. The energy producer reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.20. ConocoPhillips had a return on equity of 17.26% and a net margin of 16.23%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. AMF Tjanstepension AB increased its stake in shares of ConocoPhillips by 4.7% in the 3rd quarter. AMF Tjanstepension AB now owns 1,163,724 shares of the energy producer’s stock worth $122,628,000 after acquiring an additional 52,334 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in ConocoPhillips by 23.0% during the third quarter. Exchange Traded Concepts LLC now owns 92,618 shares of the energy producer’s stock worth $9,751,000 after purchasing an additional 17,329 shares during the period. Willis Investment Counsel boosted its holdings in ConocoPhillips by 0.5% in the 3rd quarter. Willis Investment Counsel now owns 222,144 shares of the energy producer’s stock valued at $23,387,000 after purchasing an additional 1,041 shares during the last quarter. Paladin Wealth LLC purchased a new stake in shares of ConocoPhillips in the 3rd quarter valued at approximately $692,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of ConocoPhillips during the 3rd quarter worth approximately $73,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Arjun N. Murti purchased 2,500 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average cost of $95.87 per share, for a total transaction of $239,675.00. Following the completion of the transaction, the director now owns 21,500 shares of the company’s stock, valued at $2,061,205. This trade represents a 13.16 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director R A. Walker bought 10,400 shares of the stock in a transaction on Tuesday, December 17th. The shares were acquired at an average cost of $97.80 per share, for a total transaction of $1,017,120.00. Following the purchase, the director now owns 38,000 shares in the company, valued at $3,716,400. The trade was a 37.68 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.34% of the stock is owned by insiders.

ConocoPhillips Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a $0.78 dividend. The ex-dividend date is Friday, February 14th. This represents a $3.12 dividend on an annualized basis and a yield of 3.07%. ConocoPhillips’s dividend payout ratio is currently 40.05%.

ConocoPhillips Company Profile

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.