ConocoPhillipsCOP
About: ConocoPhillips is a US-based independent exploration and production firm. In 2023, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2023 were 6.8 billion barrels of oil equivalent.
Employees: 11,800
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
172% more first-time investments, than exits
New positions opened: 334 | Existing positions closed: 123
72% more repeat investments, than reductions
Existing positions increased: 1,166 | Existing positions reduced: 678
16% more call options, than puts
Call options by funds: $1.68B | Put options by funds: $1.45B
12% more funds holding in top 10
Funds holding in top 10: 34 [Q3] → 38 (+4) [Q4]
7% more funds holding
Funds holding: 2,228 [Q3] → 2,395 (+167) [Q4]
5% more capital invested
Capital invested by funds: $101B [Q3] → $105B (+$4.75B) [Q4]
1.74% less ownership
Funds ownership: 82.33% [Q3] → 80.59% (-1.74%) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
UBS Josh Silverstein 12% 1-year accuracy 7 / 58 met price target | 25%upside $111 | Buy Maintained | 15 Apr 2025 |
Wells Fargo Roger Read 22% 1-year accuracy 25 / 113 met price target | 30%upside $116 | Overweight Maintained | 15 Apr 2025 |
RBC Capital Scott Hanold 13% 1-year accuracy 5 / 40 met price target | 35%upside $120 | Outperform Maintained | 14 Apr 2025 |
Scotiabank Paul Cheng 30% 1-year accuracy 11 / 37 met price target | 7%upside $95 | Sector Perform Maintained | 11 Apr 2025 |
Morgan Stanley Devin McDermott 29% 1-year accuracy 8 / 28 met price target | 42%upside $126 | Overweight Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 28 articles about COP published over the past 30 days
