ConocoPhillips (NYSE:COP) Given New $149.00 Price Target at Morgan Stanley

ConocoPhillips (NYSE:COP) had its price target hoisted by Morgan Stanley from $108.00 to $149.00 in a report published on Tuesday,MarketScreener reports. They currently have an overweight rating on the energy producer’s stock.

Several other analysts also recently commented on the stock. Scotiabank raised their price objective on shares of ConocoPhillips from $100.00 to $125.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Susquehanna upped their price target on ConocoPhillips from $121.00 to $149.00 and gave the stock a “positive” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada increased their price target on ConocoPhillips from $118.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday, April 8th. Zacks Research upgraded shares of ConocoPhillips from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Finally, Roth Mkm lowered shares of ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 price objective on the stock. in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.44.

ConocoPhillips Price Performance

ConocoPhillips stock traded up $0.99 during midday trading on Tuesday, reaching $125.31. The company’s stock had a trading volume of 1,355,835 shares, compared to its average volume of 9,530,931. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. The stock has a market cap of $152.74 billion, a PE ratio of 19.76, a price-to-earnings-growth ratio of 2.14 and a beta of 0.19. ConocoPhillips has a 52 week low of $84.28 and a 52 week high of $135.87. The business has a 50-day moving average price of $121.53 and a 200-day moving average price of $103.90.

ConocoPhillips (NYSE:COP) last posted its earnings results on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.21). The company had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm’s revenue was down 3.7% compared to the same quarter last year. During the same period last year, the company posted $1.98 EPS. On average, sell-side analysts predict that ConocoPhillips will post 7.97 EPS for the current year.

ConocoPhillips Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders 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 annualized dividend and a yield of 2.7%. ConocoPhillips’s payout ratio is currently 53.00%.

Insider Buying and Selling at ConocoPhillips

In other news, SVP Kelly Brunetti Rose sold 8,500 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $118.04, for a total value of $1,003,340.00. Following the completion of the sale, the senior vice president directly owned 32,984 shares of the company’s stock, valued at approximately $3,893,431.36. This trade represents a 20.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Andrew D. Lundquist sold 34,500 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $119.68, for a total value of $4,128,960.00. Following the transaction, the senior vice president owned 17,469 shares in the company, valued at $2,090,689.92. This trade represents a 66.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 734,891 shares of company stock worth $93,345,692 over the last quarter. Company insiders own 0.09% of the company’s stock.

Institutional Investors Weigh In On ConocoPhillips

Several hedge funds have recently bought and sold shares of COP. Horst & Graben Wealth Management LLC purchased a new position in ConocoPhillips during the first quarter valued at $258,000. Resonant Capital Advisors LLC increased its holdings in shares of ConocoPhillips by 20.9% during the first quarter. Resonant Capital Advisors LLC now owns 7,483 shares of the energy producer’s stock valued at $988,000 after acquiring an additional 1,292 shares in the last quarter. Unison Advisors LLC raised its position in shares of ConocoPhillips by 0.9% in the 1st quarter. Unison Advisors LLC now owns 17,886 shares of the energy producer’s stock worth $2,361,000 after purchasing an additional 155 shares during the last quarter. Shelton Wealth Management LLC purchased a new stake in ConocoPhillips during the 1st quarter valued at about $1,279,000. Finally, Kiley Juergens Wealth Management LLC bought a new stake in ConocoPhillips during the 1st quarter valued at about $1,060,000. Institutional investors own 82.36% of the company’s stock.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Morgan Stanley raised its price target on ConocoPhillips to $149 and maintained an “overweight” rating, implying meaningful upside from current levels — a clear near-term bullish catalyst for the stock. Morgan Stanley adjusts ConocoPhillips price target to $149
• Positive Sentiment: Scotiabank sharply raised its FY2026 and FY2027 EPS forecasts for COP (FY2026 to ~$9.35 and FY2027 to ~$7.85) — analysts are materially boosting earnings expectations, which supports higher valuation multiples and investor optimism.
• Positive Sentiment: Goldman Sachs lifted its Brent crude forecast to $90/bbl for Q4 2026, citing supply disruptions tied to the Iran conflict — a higher oil-price outlook is broadly positive for ConocoPhillips’ revenues and cash generation. Goldman Just Raised Its Brent Forecast to $90
• Positive Sentiment: Goldman analyst Neil Mehta highlighted the Willow project as a driver of ConocoPhillips’ profitability — an operational/asset-specific endorsement that supports longer-term cash-flow expectations. Goldman’s Neil Mehta: Willow project will drive ConocoPhillips’ profitability
• Positive Sentiment: BP reported sharply higher Q1 profits as Iran-related supply tightness pushed fuel prices up — a strong sector print that raises expectations for ConocoPhillips’ upcoming results. BP’s profits more than doubled at the war in Iran pushed gas prices to new multiyear highs
• Neutral Sentiment: Zacks and other outlets note COP looks undervalued ahead of Q1 and offer analyst previews — these pieces keep focus on tomorrow’s earnings as a near-term event risk/opportunity for the stock. COP Stock Looks Undervalued Ahead of Q1 Results
• Neutral Sentiment: Zacks’ earnings preview highlights key metrics to watch in COP’s Q1 report — useful for gauging whether recent analyst upgrades are validated by results. Stay Ahead of the Game With ConocoPhillips Q1 Earnings
• Neutral Sentiment: Broader-sector coverage (e.g., iShares U.S. Energy ETF primer) is keeping investor attention on energy exposure, but it is a general industry context rather than COP-specific news. Should You Invest in the iShares U.S. Energy ETF (IYE)?
• Negative Sentiment: A Seeking Alpha piece labels ConocoPhillips a defensive sector play unlikely to outperform the market — a cautionary viewpoint that could temper enthusiasm among growth-oriented investors. ConocoPhillips: A Defensive Play In The Oil Sector

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.