Q1 EPS Estimates for ConocoPhillips Decreased by Analyst

ConocoPhillips (NYSE:COP - Free Report) - Stock analysts at Capital One Financial cut their Q1 2025 earnings per share (EPS) estimates for shares of ConocoPhillips in a research report issued to clients and investors on Wednesday, April 16th. Capital One Financial analyst P. Johnston now forecasts that the energy producer will post earnings of $2.00 per share for the quarter, down from their previous forecast of $2.18. The consensus estimate for ConocoPhillips' current full-year earnings is $8.16 per share.

COP has been the subject of a number of other research reports. Raymond James lowered shares of ConocoPhillips from a "strong-buy" rating to an "outperform" rating and dropped their price objective for the company from $157.00 to $124.00 in a report on Monday, February 10th. TD Cowen assumed coverage on shares of ConocoPhillips in a research note on Friday, January 17th. They issued a "buy" rating and a $125.00 price target for the company. Royal Bank of Canada dropped their price objective on shares of ConocoPhillips from $133.00 to $120.00 and set an "outperform" rating on the stock in a research note on Monday, April 14th. UBS Group decreased their price target on ConocoPhillips from $116.00 to $111.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Finally, Truist Financial boosted their target price on ConocoPhillips from $138.00 to $139.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $128.32.

ConocoPhillips Price Performance

NYSE COP traded up $2.67 during trading on Friday, hitting $90.22. 1,518,519 shares of the company's stock were exchanged, compared to its average volume of 7,096,290. The company has a market cap of $114.06 billion, a PE ratio of 11.57, a P/E/G ratio of 0.79 and a beta of 0.83. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.36. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $130.77. The stock's 50 day moving average price is $95.03 and its two-hundred day moving average price is $101.11.

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

ConocoPhillips Dividend Announcement

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 $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend was Friday, February 14th. ConocoPhillips's payout ratio is 40.05%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Morse Asset Management Inc purchased a new position in shares of ConocoPhillips in the 3rd quarter worth $805,000. Anchor Investment Management LLC grew its stake in shares of ConocoPhillips by 5.5% during the 3rd quarter. Anchor Investment Management LLC now owns 11,322 shares of the energy producer's stock valued at $1,192,000 after purchasing an additional 589 shares during the period. Fulcrum Equity Management lifted its stake in shares of ConocoPhillips by 24.1% in the 3rd quarter. Fulcrum Equity Management now owns 5,939 shares of the energy producer's stock worth $625,000 after purchasing an additional 1,155 shares during the period. World Investment Advisors LLC boosted its holdings in shares of ConocoPhillips by 746.7% in the third quarter. World Investment Advisors LLC now owns 43,928 shares of the energy producer's stock worth $4,625,000 after buying an additional 38,740 shares during the last quarter. Finally, Arvest Bank Trust Division purchased a new stake in ConocoPhillips during the third quarter valued at approximately $11,549,000. 82.36% of the stock is owned by institutional investors.

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.