Q3 EPS Estimates for ConocoPhillips Lowered by Roth Capital

ConocoPhillips (NYSE:COP) – Roth Capital lowered their Q3 2026 EPS estimates for shares of ConocoPhillips in a note issued to investors on Monday, April 14th. Roth Capital analyst L. Mariani now expects that the energy producer will post earnings of $2.00 per share for the quarter, down from their prior forecast 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) last announced its quarterly earnings results on Thursday, February 6th. The energy producer reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.20. ConocoPhillips had a net margin of 16.23% and a return on equity of 17.26%.

Several other equities analysts have also recently issued reports on the stock. Scotiabank lowered their target price on shares of ConocoPhillips from $115.00 to $95.00 and set a “sector perform” rating on the stock in a research note on Friday, April 11th. TD Cowen initiated coverage on shares of ConocoPhillips in a research note on Friday, January 17th. They set a “buy” rating and a $125.00 target price for the company. Morgan Stanley restated an “overweight” rating and issued a $116.00 price target on shares of ConocoPhillips in a research note on Tuesday. Raymond James cut ConocoPhillips from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the company from $157.00 to $124.00 in a research report on Monday, February 10th. Finally, UBS Group dropped their target price on ConocoPhillips from $116.00 to $111.00 and set a “buy” rating on the stock in a research report on Tuesday. Two 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 company’s stock. According to MarketBeat, ConocoPhillips presently has an average rating of “Moderate Buy” and a consensus target price of $128.32.

ConocoPhillips Stock Up 0.7 %

ConocoPhillips stock opened at $86.32 on Wednesday. The firm has a market cap of $109.12 billion, a price-to-earnings ratio of 11.08, a PEG 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 12 month low of $79.88 and a 12 month high of $130.77. The stock has a fifty day simple moving average of $95.71 and a two-hundred day simple moving average of $101.69.

Institutional Investors Weigh In On ConocoPhillips

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in ConocoPhillips by 11.7% in the 4th quarter. Vanguard Group Inc. now owns 121,826,062 shares of the energy producer’s stock worth $12,081,491,000 after acquiring an additional 12,751,120 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in ConocoPhillips by 13.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 45,847,572 shares of the energy producer’s stock worth $4,546,706,000 after purchasing an additional 5,549,078 shares during the last quarter. Invesco Ltd. raised its stake in ConocoPhillips by 37.1% during the fourth quarter. Invesco Ltd. now owns 15,570,246 shares of the energy producer’s stock valued at $1,544,101,000 after purchasing an additional 4,211,939 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in ConocoPhillips by 401.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 4,423,611 shares of the energy producer’s stock valued at $438,690,000 after purchasing an additional 3,541,504 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of ConocoPhillips by 13.7% in the 4th quarter. Geode Capital Management LLC now owns 28,131,288 shares of the energy producer’s stock worth $2,792,521,000 after buying an additional 3,397,360 shares in the last quarter. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

ConocoPhillips Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a dividend of $0.78 per share. The ex-dividend date was Friday, February 14th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.61%. ConocoPhillips’s payout ratio is 40.05%.

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.