ConocoPhillips (COP) – Research Analysts’ Weekly Ratings Updates

A number of research firms have changed their ratings and price targets for ConocoPhillips (NYSE: COP):

• 5/1/2026 – ConocoPhillips was given a new $128.00 price target by Truist Financial Corporation.
• 5/1/2026 – ConocoPhillips had its price target raised by Barclays PLC from $128.00 to $136.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – ConocoPhillips had its price target raised by Susquehanna from $149.00 to $152.00.
• 4/28/2026 – ConocoPhillips was upgraded by Zacks Research from “hold” to “strong-buy”.
• 4/28/2026 – ConocoPhillips had its price target raised by Morgan Stanley from $108.00 to $149.00. They now have an “overweight” rating on the stock.
• 4/27/2026 – ConocoPhillips had its price target raised by Raymond James Financial, Inc. from $118.00 to $145.00. They now have an “outperform” rating on the stock.
• 4/22/2026 – ConocoPhillips had its price target raised by Scotiabank from $100.00 to $125.00. They now have a “sector perform” rating on the stock.
• 4/21/2026 – ConocoPhillips had its price target raised by Susquehanna from $121.00 to $149.00. They now have a “positive” rating on the stock.
• 4/13/2026 – ConocoPhillips had its price target raised by Sanford C. Bernstein from $98.00 to $121.00. They now have an “outperform” rating on the stock.
• 4/13/2026 – ConocoPhillips had its price target raised by Jefferies Financial Group Inc. from $129.00 to $160.00. They now have a “buy” rating on the stock.
• 4/8/2026 – ConocoPhillips had its price target raised by Piper Sandler from $154.00 to $157.00. They now have an “overweight” rating on the stock.
• 4/8/2026 – ConocoPhillips had its price target raised by Royal Bank Of Canada from $118.00 to $152.00. They now have an “outperform” rating on the stock.
• 4/7/2026 – ConocoPhillips had its price target raised by BMO Capital Markets from $130.00 to $140.00. They now have an “outperform” rating on the stock.
• 4/6/2026 – ConocoPhillips had its price target raised by Wolfe Research from $138.00 to $144.00. They now have an “outperform” rating on the stock.
• 4/2/2026 – ConocoPhillips had its price target raised by Citigroup Inc. from $135.00 to $150.00. They now have a “buy” rating on the stock.
• 3/30/2026 – ConocoPhillips was upgraded by Zacks Research from “strong sell” to “hold”.
• 3/27/2026 – ConocoPhillips was upgraded by Scotiabank to “hold”.
• 3/27/2026 – ConocoPhillips had its price target raised by Morgan Stanley from $108.00 to $149.00. They now have an “overweight” rating on the stock.
• 3/26/2026 – ConocoPhillips had its price target raised by Capital One Financial Corporation from $116.00 to $156.00. They now have an “equal weight” rating on the stock.
• 3/24/2026 – ConocoPhillips is now covered by Truist Financial Corporation. They set a “hold” rating and a $124.00 price target on the stock.
• 3/17/2026 – ConocoPhillips had its price target raised by Mizuho from $121.00 to $136.00. They now have an “outperform” rating on the stock.
• 3/16/2026 – ConocoPhillips had its price target raised by Barclays PLC from $118.00 to $128.00. They now have an “overweight” rating on the stock.
• 3/12/2026 – ConocoPhillips had its price target raised by Piper Sandler from $111.00 to $154.00. They now have an “overweight” rating on the stock.
• 3/7/2026 – ConocoPhillips was upgraded by Wall Street Zen from “sell” to “hold”.

ConocoPhillips Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be issued a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, May 11th. ConocoPhillips’s payout ratio is presently 57.05%.

Insider Buying and Selling

In other ConocoPhillips news, SVP Kelly Brunetti Rose sold 8,500 shares of ConocoPhillips stock in a transaction that occurred on 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 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Michael Lance sold 506,800 shares of ConocoPhillips stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $127.26, for a total transaction of $64,495,368.00. Following the completion of the sale, the chief executive officer directly owned 6,835 shares of the company’s stock, valued at approximately $869,822.10. This trade represents a 98.67% 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 90 days. 0.09% of the stock is currently owned by company insiders.

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.