Silvia Mccoll Wealth Management LLC Increases Position in ConocoPhillips $COP

Silvia Mccoll Wealth Management LLC raised its stake in ConocoPhillips (NYSE:COP) by 325.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,767 shares of the energy producer’s stock after buying an additional 8,237 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in ConocoPhillips were worth $1,347,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Patten Group Inc. lifted its position in ConocoPhillips by 1.5% in the 1st quarter. Patten Group Inc. now owns 5,447 shares of the energy producer’s stock valued at $719,000 after purchasing an additional 83 shares during the last quarter. IFC Advisors LLC boosted its position in shares of ConocoPhillips by 0.4% during the first quarter. IFC Advisors LLC now owns 20,182 shares of the energy producer’s stock worth $2,664,000 after buying an additional 84 shares during the period. Cornerstone Planning Group LLC grew its holdings in ConocoPhillips by 9.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,006 shares of the energy producer’s stock worth $124,000 after buying an additional 88 shares in the last quarter. Blue Trust Inc. increased its position in ConocoPhillips by 0.4% in the 1st quarter. Blue Trust Inc. now owns 21,144 shares of the energy producer’s stock valued at $2,791,000 after acquiring an additional 92 shares during the period. Finally, Sigma Planning Corp raised its stake in ConocoPhillips by 0.6% during the 1st quarter. Sigma Planning Corp now owns 16,062 shares of the energy producer’s stock valued at $2,120,000 after acquiring an additional 94 shares in the last quarter. Institutional investors own 82.36% of the company’s stock.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips signed a 20-year agreement to purchase 1 million tons of LNG annually from Venture Global beginning in 2030. The deal expands COP’s long-term natural-gas exposure and could strengthen future cash-flow visibility, although the benefits are several years away. ConocoPhillips Could Be 11% Undervalued Following New 20 Year LNG Deal
• Positive Sentiment: COP is reportedly reviewing the sale of its Norway business and the UK Teesside asset for approximately $7 billion. A transaction could improve capital flexibility, simplify the portfolio and potentially support shareholder returns. ConocoPhillips Reviews Norway Business and UK Teesside Asset Divestment
• Positive Sentiment: Mizuho reiterated a Buy rating and set a $146 NAV-based price target, citing near-term earnings strength and longer-term LNG-driven cash-flow potential. The target implies meaningful upside from the stock’s recent level. Mizuho Reiterates Buy on ConocoPhillips With $146 Price Target
• Positive Sentiment: ConocoPhillips’ chairman said the oil-price floor could rise toward $70 per barrel, a constructive view for upstream producers such as COP if sustained. Oil Price Floor Likely Rising to $70 per Barrel
• Neutral Sentiment: Research reports comparing COP with Cactus and Calumet focus on relative valuation and sector performance rather than announcing a new fundamental development. COP’s strong year-to-date performance may limit the immediate impact of these reports.
• Neutral Sentiment: Management said greater political stability and fair fiscal terms would be needed to attract investors back to Venezuela and Russia, highlighting potential longer-term opportunities but no immediate earnings catalyst. Stability and Fair Fiscal Terms Needed for Investors to Return

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Andrew Lundquist sold 9,487 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $135.15, for a total transaction of $1,282,168.05. Following the completion of the sale, the senior vice president directly owned 9,593 shares of the company’s stock, valued at approximately $1,296,493.95. This represents a 49.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.09% of the company’s stock.

ConocoPhillips Price Performance

Shares of NYSE:COP traded up $0.50 during trading hours on Wednesday, hitting $129.85. 4,791,460 shares of the company’s stock traded hands, compared to its average volume of 8,145,697. The company’s fifty day simple moving average is $129.08 and its two-hundred day simple moving average is $121.91. The company has a market cap of $156.00 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of 1.35 and a beta of 0.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.54. ConocoPhillips has a 52 week low of $85.57 and a 52 week high of $141.62.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $0.34. The firm had revenue of $19.52 billion for the quarter, compared to analyst estimates of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The firm’s quarterly revenue was up 32.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.42 earnings per share. As a group, equities analysts anticipate that ConocoPhillips will post 10.54 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were given a $0.84 dividend. The ex-dividend date was Monday, August 17th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.6%. ConocoPhillips’s dividend payout ratio (DPR) is 44.44%.

Analyst Ratings Changes

Several research analysts have recently issued reports on COP shares. UBS Group increased their price target on ConocoPhillips from $153.00 to $169.00 and gave the stock a “buy” rating in a research note on Monday, September 14th. Truist Financial upped their price objective on shares of ConocoPhillips from $130.00 to $136.00 and gave the stock a “hold” rating in a report on Wednesday. Weiss Ratings upgraded shares of ConocoPhillips from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, September 29th. Wells Fargo & Company boosted their price target on shares of ConocoPhillips from $183.00 to $189.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Freedom Capital raised shares of ConocoPhillips from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $143.29.

ConocoPhillips Profile

ConocoPhillips (NYSE:COP) is an independent exploration and production company engaged in finding, developing and producing crude oil, natural gas, natural gas liquids and liquefied natural gas. Unlike integrated energy companies, ConocoPhillips focuses primarily on upstream activities rather than refining and retail fuel operations.

The company has a diversified portfolio of assets in major producing regions, including the United States, Canada, Australia, Norway and Qatar. Its U.S. operations include oil and gas developments in Alaska and the Lower 48 states, while its international portfolio includes conventional and offshore projects.