Q3 EPS Estimates for ConocoPhillips Reduced by Roth Capital

ConocoPhillips (NYSE:COP - Free Report) - Stock analysts at Roth Capital reduced their Q3 2026 earnings per share estimates for shares of ConocoPhillips in a report issued on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the energy producer will post earnings of $2.00 per share for the quarter, down from their previous estimate of $2.17. The consensus estimate for ConocoPhillips' current full-year earnings is $8.16 per share. Roth Capital also issued estimates for ConocoPhillips' Q4 2026 earnings at $2.28 EPS.

ConocoPhillips (NYSE:COP - Get Free Report) last announced its earnings results on Thursday, February 6th. The energy producer reported $1.98 EPS 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%.

A number of other research analysts have also issued reports on the company. Truist Financial boosted their target price on ConocoPhillips from $138.00 to $139.00 and gave the company a "buy" rating in a report on Monday, January 13th. Raymond James downgraded shares of ConocoPhillips from a "strong-buy" rating to an "outperform" rating and cut their price objective for the stock from $157.00 to $124.00 in a research report on Monday, February 10th. JPMorgan Chase & Co. lowered their target price on shares of ConocoPhillips from $127.00 to $115.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. TD Cowen started coverage on shares of ConocoPhillips in a report on Friday, January 17th. They set a "buy" rating and a $125.00 price target for the company. Finally, Royal Bank of Canada dropped their target price on ConocoPhillips from $133.00 to $120.00 and set an "outperform" rating on the stock in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, ConocoPhillips currently has an average rating of "Moderate Buy" and a consensus target price of $128.32.

ConocoPhillips Stock Performance

Shares of NYSE:COP traded up $2.60 on Wednesday, reaching $88.96. The company's stock had a trading volume of 7,804,344 shares, compared to its average volume of 7,108,925. The stock's 50-day moving average is $95.25 and its two-hundred day moving average is $101.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.29 and a quick ratio of 1.14. The stock has a market capitalization of $112.46 billion, a P/E ratio of 11.42, a PEG ratio of 0.79 and a beta of 0.83. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $130.77.

ConocoPhillips Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a $0.78 dividend. The ex-dividend date was Friday, February 14th. This represents a $3.12 annualized dividend and a dividend yield of 3.51%. ConocoPhillips's dividend payout ratio is currently 40.05%.

Institutional Trading of ConocoPhillips

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tidal Investments LLC grew its stake in ConocoPhillips by 42.7% in the 3rd quarter. Tidal Investments LLC now owns 103,553 shares of the energy producer's stock worth $10,902,000 after acquiring an additional 31,011 shares during the period. Leavell Investment Management Inc. lifted its position in ConocoPhillips by 59.8% during the fourth quarter. Leavell Investment Management Inc. now owns 19,166 shares of the energy producer's stock worth $1,901,000 after buying an additional 7,174 shares during the period. Brookstone Capital Management grew its holdings in ConocoPhillips by 4.5% in the 4th quarter. Brookstone Capital Management now owns 8,855 shares of the energy producer's stock valued at $878,000 after buying an additional 383 shares during the period. Principal Financial Group Inc. increased its stake in shares of ConocoPhillips by 2.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,474,270 shares of the energy producer's stock valued at $155,211,000 after acquiring an additional 32,948 shares during the last quarter. Finally, Fiduciary Alliance LLC boosted its position in shares of ConocoPhillips by 13.6% in the fourth quarter. Fiduciary Alliance LLC now owns 186,535 shares of the energy producer's stock worth $18,499,000 after acquiring an additional 22,378 shares during the last quarter. Hedge funds and other institutional investors 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.