Zacks Research Lowers Earnings Estimates for ConocoPhillips

ConocoPhillips (NYSE:COP) – Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for ConocoPhillips in a research note issued on Thursday, March 27th. Zacks Research analyst R. Department now anticipates that the energy producer will post earnings per share of $1.61 for the quarter, down from their previous forecast of $1.62. The consensus estimate for ConocoPhillips’ current full-year earnings is $8.16 per share. Zacks Research also issued estimates for ConocoPhillips’ Q3 2025 earnings at $1.89 EPS, Q4 2025 earnings at $1.99 EPS, Q3 2026 earnings at $1.96 EPS and FY2027 earnings at $8.57 EPS.

Several other research firms also recently commented on COP. Wells Fargo & Company cut their target price on ConocoPhillips from $132.00 to $128.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Evercore ISI reaffirmed an “outperform” rating and issued a $165.00 target price on shares of ConocoPhillips in a report on Friday, December 6th. Raymond James downgraded shares of ConocoPhillips from a “strong-buy” rating to an “outperform” rating and cut their price target for the company from $157.00 to $124.00 in a report on Monday, February 10th. Barclays decreased their price objective on shares of ConocoPhillips from $137.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Finally, Truist Financial lifted their target price on shares of ConocoPhillips from $138.00 to $139.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Two investment 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 company’s stock. Based on data from MarketBeat, ConocoPhillips presently has an average rating of “Moderate Buy” and an average price target of $132.95.

ConocoPhillips Trading Up 0.3 %

Shares of ConocoPhillips stock opened at $105.35 on Monday. The company’s fifty day moving average price is $98.96 and its two-hundred day moving average price is $103.31. The firm has a market capitalization of $134.05 billion, a PE ratio of 13.52, a price-to-earnings-growth ratio of 0.79 and a beta of 1.12. ConocoPhillips has a 52-week low of $86.81 and a 52-week high of $135.18. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.29 and a quick ratio of 1.14.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, February 6th. The energy producer reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.20. ConocoPhillips had a return on equity of 17.26% and a net margin of 16.23%.

ConocoPhillips Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date was Friday, February 14th. ConocoPhillips’s dividend payout ratio is presently 40.05%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Bridgewater Associates LP grew its position in shares of ConocoPhillips by 58.9% during the 3rd quarter. Bridgewater Associates LP now owns 3,079 shares of the energy producer’s stock worth $324,000 after buying an additional 1,141 shares during the period. Semmax Financial Advisors Inc. boosted its stake in ConocoPhillips by 10.9% during the 3rd quarter. Semmax Financial Advisors Inc. now owns 10,851 shares of the energy producer’s stock worth $1,209,000 after acquiring an additional 1,070 shares during the last quarter. True Wealth Design LLC grew its holdings in ConocoPhillips by 89.3% during the third quarter. True Wealth Design LLC now owns 653 shares of the energy producer’s stock valued at $69,000 after purchasing an additional 308 shares during the period. Erste Asset Management GmbH bought a new stake in ConocoPhillips in the third quarter valued at approximately $7,017,000. Finally, FSA Wealth Management LLC acquired a new stake in ConocoPhillips in the third quarter worth $108,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

About ConocoPhillips

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.