Q3 EPS Estimates for ConocoPhillips Cut by Roth Capital

ConocoPhillips (NYSE:COP) – Investment analysts at Roth Capital dropped their Q3 2026 earnings per share estimates for shares of ConocoPhillips in a research report issued to clients and investors on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the energy producer will post earnings per share of $2.00 for the quarter, down from their previous 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.

COP has been the topic of a number of other research reports. The Goldman Sachs Group set a $132.00 price target on ConocoPhillips in a research report on Thursday, January 30th. UBS Group lowered their price objective on shares of ConocoPhillips from $116.00 to $111.00 and set a “buy” rating for the company in a research report on Tuesday. Piper Sandler lowered their target price on ConocoPhillips from $135.00 to $114.00 and set an “overweight” rating for the company in a report on Thursday, December 19th. Royal Bank of Canada reduced their price objective on ConocoPhillips from $133.00 to $120.00 and set an “outperform” rating for the company in a research report on Monday. Finally, JPMorgan Chase & Co. cut their target price on ConocoPhillips from $127.00 to $115.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $128.32.

ConocoPhillips Price Performance

Shares of COP stock opened at $85.69 on Wednesday. The firm has a market capitalization of $108.33 billion, a price-to-earnings ratio of 11.00, a price-to-earnings-growth ratio of 0.79 and a beta of 0.83. ConocoPhillips has a 12-month low of $79.88 and a 12-month high of $130.80. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 0.36. The firm has a fifty day moving average of $95.95 and a 200-day moving average of $101.80.

ConocoPhillips (NYSE:COP) last announced its quarterly 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 return on equity of 17.26% and a net margin of 16.23%.

Hedge Funds Weigh In On ConocoPhillips

Large investors have recently made changes to their positions in the company. Albion Financial Group UT grew its stake in shares of ConocoPhillips by 876.9% in the fourth quarter. Albion Financial Group UT now owns 254 shares of the energy producer’s stock valued at $25,000 after acquiring an additional 228 shares in the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of ConocoPhillips during the fourth quarter worth approximately $26,000. Centricity Wealth Management LLC bought a new position in shares of ConocoPhillips during the fourth quarter worth approximately $27,000. 10Elms LLP bought a new stake in shares of ConocoPhillips in the fourth quarter valued at approximately $28,000. Finally, Crowley Wealth Management Inc. acquired a new stake in ConocoPhillips during the fourth quarter worth approximately $32,000. Institutional investors own 82.36% of the company’s stock.

ConocoPhillips Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date of this dividend was Friday, February 14th. ConocoPhillips’s dividend payout ratio is presently 40.05%.

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.