Kelly Brunetti Rose Sells 8,500 Shares of ConocoPhillips (NYSE:COP) Stock

ConocoPhillips (NYSE:COP) SVP Kelly Brunetti Rose sold 8,500 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $118.04, for a total transaction of $1,003,340.00. Following the completion of the transaction, the senior vice president owned 32,984 shares of the company’s stock, valued at approximately $3,893,431.36. The trade was a 20.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

ConocoPhillips Stock Up 2.5%

Shares of COP stock opened at $117.04 on Thursday. The company has a market capitalization of $144.63 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 2.90 and a beta of 0.27. ConocoPhillips has a one year low of $79.88 and a one year high of $122.50. The company’s fifty day moving average price is $105.58 and its 200-day moving average price is $96.61. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.21). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. During the same period in the prior year, the company posted $1.98 EPS. The company’s quarterly revenue was down 3.7% on a year-over-year basis. Sell-side analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were paid a $0.84 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.9%. ConocoPhillips’s dividend payout ratio is 53.00%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on COP. Susquehanna lifted their target price on ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research note on Friday, February 6th. Wall Street Zen upgraded ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Piper Sandler increased their price objective on shares of ConocoPhillips from $108.00 to $111.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Jefferies Financial Group lifted their price objective on shares of ConocoPhillips from $120.00 to $129.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Finally, Citigroup boosted their target price on shares of ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $117.54.

Hedge Funds Weigh In On ConocoPhillips

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tema Etfs LLC bought a new stake in shares of ConocoPhillips in the 3rd quarter valued at approximately $1,804,000. Victory Capital Management Inc. increased its position in shares of ConocoPhillips by 14.7% during the 3rd quarter. Victory Capital Management Inc. now owns 2,331,176 shares of the energy producer’s stock valued at $220,506,000 after purchasing an additional 298,245 shares during the last quarter. Natixis Advisors LLC increased its position in shares of ConocoPhillips by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 1,996,426 shares of the energy producer’s stock valued at $188,842,000 after purchasing an additional 160,410 shares during the last quarter. D.A. Davidson & CO. raised its holdings in ConocoPhillips by 12.1% during the 3rd quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock valued at $13,321,000 after buying an additional 15,202 shares during the period. Finally, Chilton Capital Management LLC raised its holdings in ConocoPhillips by 3.2% during the 3rd quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock valued at $36,890,000 after buying an additional 11,958 shares during the period. 82.36% of the stock is owned by institutional investors.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its U.S. Conviction List — a high‑profile institutional endorsement that can attract buyers and support the stock amid energy-market volatility. Read More.
• Positive Sentiment: Heightened Middle East geopolitical risk (Iran’s new, harder‑line supreme leader) is increasing supply‑risk premiums that typically benefit large E&P names like COP. Read More.
• Positive Sentiment: Analyst upgrades, price‑target increases and a solid dividend yield (annualized $3.36, ~2.9%) continue to underpin demand from income and institutional buyers. Read More.
• Neutral Sentiment: Management is shifting emphasis from growth to cash‑harvesting after the Marathon Oil deal; that can lead to higher buybacks/dividends but raises questions about long‑term growth and deal economics. Read More.
• Neutral Sentiment: ConocoPhillips plans a ~ $2 billion divestiture of certain Permian assets as part of portfolio reshaping — a near‑term reduction in asset base that could improve focus and cash conversion but may trim growth. Read More.
• Negative Sentiment: Recent insider selling from senior executives and a director (e.g., SVP Kelly Brunetti Rose and Director Timothy Leach) has drawn attention; large, disclosed sales can add short‑term selling pressure and raise governance questions for some investors. Read More. Read More.
• Negative Sentiment: Louisiana is reportedly nearing a deal with ConocoPhillips over coastal erosion — potential settlement, remediation costs or reputational risk could be a longer‑term liability for the company. Read More.
• Negative Sentiment: Today’s oil‑price volatility — an earlier spike tied to Middle East tensions that later pulled back on strategic‑reserve headlines — increases earnings and multiple uncertainty for upstream names. Read More.

ConocoPhillips Company Profile

ConocoPhillips (NYSE: COP) is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company’s activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.