ConocoPhillips (COP)

Over the past six months, ConocoPhillips' stock price has been influenced by several events and analyst activities. As of January 12, 2026, the stock had decreased by 8.38% over the past 12 months, but increased by 1.21% in the past 30 days. Wells Fargo upgraded ConocoPhillips to 'Overweight' with a price target of $132.00 due to optimism for future performance and dividend growth, bolstered by the anticipated 2029 start-up of the Willow project. The stock rose by 2.6% following President Trump's announcement of plans to take control of Venezuela's oil industry. Mizuho maintained an 'Outperform' rating and raised its price target to $121.00, while UBS maintained a 'Buy' rating and raised its price target to $120.00. Johnson Rice downgraded the stock to 'Hold' and lowered its price target to $105.00. ConocoPhillips reported its Q3 2025 earnings with an EPS of $1.61, beating the consensus estimate of $1.41. Barclays dropped its target price to $118.00 but maintained an "overweight" rating.

Demand for ConocoPhillips' products is subject to seasonal fluctuations in the energy market. Natural gas demand increases during colder months for heating and warmer months for electricity generation. Crude oil demand sees seasonal shifts related to driving seasons and industrial activity. In September 2021, the company's CEO noted that demand was improving and expected to return to pre-pandemic levels by the end of Q4 2021 or Q1 2022. The company aims to operate in low-cost supply basins to meet demand in a transitioning energy world.

ConocoPhillips is an American multinational corporation focused on hydrocarbon exploration and production. Headquartered in Houston, Texas, it operates in the oil and gas industry, exploring, producing, transporting, and marketing crude oil, bitumen, natural gas, NGLs, and LNG globally. It is recognized as one of the world's largest independent E&P companies and has a 60-year history in LNG technology and licensing.

As of December 31, 2024, ConocoPhillips had operations in 15 countries, managed through six geographic operating segments: Lower 48, Europe, Middle East and North Africa, Asia Pacific, Alaska, Canada, and Other International. Key operational areas include Alaska, the Lower 48 states, Canada, the Norwegian sector of the North Sea, Qatar, Libya, and exploration activities in Colombia and Argentina.

In the past year, ConocoPhillips has focused on sustainability and technological influence in the LNG sector. The company released its 2024 Sustainability Report, highlighting projects that minimized environmental risk and impact while benefiting communities, aiming to become a net-zero company for operational emissions by 2050. Coastal Bend LNG selected ConocoPhillips' Optimized Cascade Process for a new natural gas liquefaction and export facility. ConocoPhillips completed the acquisition of Marathon Oil Corporation, expected to lead to $1 billion in annual savings, exceeding the initial synergy target of $500 million.

ConocoPhillips has significant institutional ownership, with 3,434 institutional owners and shareholders holding 1,258,628,830 shares, representing approximately 71% to 75% of the company's shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., State Street Corp, Capital International Investors, Price T Rowe Associates Inc /md/, and Jpmorgan Chase & Co. Insiders own under 1% of the company, while retail and individual investors own about 25-29% of the stock.