ConocoPhillips (NYSE:COP) Demonstrates Strong Production and Financial Resilience

• Roth Capital maintains a "Buy" rating for ConocoPhillips (NYSE:COP), increasing its price target to $108.
• ConocoPhillips reported adjusted earnings per share of $1.42 for Q2 2025, beating the Zacks Consensus Estimate.
• The company's total production increased, with quarterly revenues rising to $14.7 billion.

ConocoPhillips (NYSE:COP) is a major player in the oil and gas industry, headquartered in Houston, Texas. The company is involved in the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids. As a leading entity in the Zacks Oil and Gas - Integrated - United States industry, ConocoPhillips competes with other giants like ExxonMobil and Chevron.

On August 7, 2025, Roth Capital maintained its "Buy" rating for ConocoPhillips, with the stock priced at approximately $94.17. Roth Capital also adjusted its price target for COP, increasing it from $107 to $108. This decision aligns with the company's recent financial performance, as highlighted in its Q2 2025 earnings report.

ConocoPhillips reported an adjusted earnings per share of $1.42 for Q2 2025, surpassing the Zacks Consensus Estimate of $1.36. Despite this positive surprise of 4.41%, the earnings per share decreased from $1.98 in the same quarter last year. The company has consistently outperformed consensus EPS estimates over the past four quarters, demonstrating its resilience in a challenging market.

The company's total production increased to 2,391 thousand barrels of oil equivalent per day, with significant contributions from regions like Europe, the Middle East, and North Africa. However, realized oil equivalent prices fell to $45.77 per barrel from $56.56 a year ago. Despite weaker prices, ConocoPhillips' quarterly revenues rose to $14.7 billion, up from $14.1 billion last year, though slightly below the Zacks Consensus Estimate of $14.9 billion.

Currently, COP's stock price is $94.14, reflecting a 1.11% increase from the previous trading session. The stock has traded between $91.18 and $95.14 today, with a market capitalization of approximately $118.8 billion. Over the past year, COP has seen a high of $116.08 and a low of $79.88, indicating its volatility in the market.

ConocoPhillips (NYSE:COP) reported second-quarter 2025 adjusted earnings of $1.42 per share, beating analyst expectations of $1.38, as the company advanced the integration of Marathon Oil (NYSE:MRO) and unveiled new cost-cutting measures.

The Houston-based energy firm generated $4.7 billion in cash from operations during the period. Production rose 23% year-over-year to 2,391 thousand barrels of oil equivalent per day (MBOED), up from 1,945 MBOED in the prior-year quarter.

However, average realized prices declined 19% to $45.77 per barrel of oil equivalent (BOE), down from $56.56 in Q2 2024.

CEO Ryan Lance said the company delivered “strong results financially, operationally, and strategically,” and confirmed the Marathon Oil integration is expected to generate over $1 billion in synergies and one-time benefits.

ConocoPhillips announced a $1.3 billion deal to divest its Anadarko Basin assets, with the transaction set to close in early Q4. The sale pushes total divestitures above its initial $2 billion target, prompting management to raise the goal to $5 billion by the end of 2026.

During the quarter, the company returned $2.2 billion to shareholders through $1.2 billion in buybacks and $1.0 billion in dividends. It declared a third-quarter dividend of $0.78 per share, payable on September 2, 2025.

Looking ahead, ConocoPhillips maintained its full-year production forecast of 2.35 to 2.37 MMBOED, and projected Q3 output between 2.33 and 2.37 MMBOED.

• Wells Fargo sets a price target of $117 for ConocoPhillips (NYSE:COP), indicating a potential 31.46% increase.
• COP's stock experienced a 3.15% decline recently, contrasting with the broader market's gains, yet it has outperformed the Oils-Energy sector over the past month.
• Despite a projected 28.79% year-over-year decline in earnings per share, quarterly revenue is expected to rise by 5.52% to $14.92 billion.

ConocoPhillips (NYSE:COP) is a major player in the oil and gas industry, focusing on exploration, production, and transportation of crude oil, natural gas, and natural gas liquids. As a leading energy company, it competes with other giants like ExxonMobil and Chevron. On June 26, 2025, Wells Fargo set a price target of $117 for COP, suggesting a potential 31.46% increase from its then-current price of $89.

Recently, COP's stock closed at $91.71, marking a 3.15% decline from its previous close. This drop contrasts with the broader market, where the S&P 500, Dow Jones, and Nasdaq all saw gains. Despite this, COP has shown resilience, with an 11.15% increase over the past month, outperforming the Oils-Energy sector's 6.67% gain and the S&P 500's 0.5% rise.

Investors are closely watching ConocoPhillips' upcoming earnings report. The company is expected to announce earnings of $1.41 per share, a 28.79% year-over-year decline. However, quarterly revenue is anticipated to rise by 5.52% to $14.92 billion, indicating strong sales performance despite the earnings drop.

For the full fiscal year, Zacks Consensus Estimates project earnings of $6.21 per share and total revenue of $62.36 billion. This outlook reflects the company's ability to maintain robust revenue streams, even as earnings face pressure. COP's market capitalization is approximately $113.1 billion, with a trading volume of 589,867 shares, highlighting its significant presence in the market.

Currently, COP's stock price is $89.60, with a daily fluctuation between $89.22 and $89.99. Over the past year, the stock has reached a high of $118.40 and a low of $79.88, showcasing its volatility. As investors consider Wells Fargo's price target, they weigh these fluctuations and the company's financial performance.

• Wells Fargo maintains an "Overweight" rating for ConocoPhillips (NYSE:COP), raising the price target from $113 to $117.
• COP's stock experienced a 3.15% drop, closing at $91.71, yet has increased by 11.15% over the past month.
• Upcoming earnings report expected to show earnings of $1.41 per share and quarterly revenue of $14.92 billion.

ConocoPhillips (NYSE:COP) is a major player in the oil and gas industry, focusing on exploration, production, and transportation of petroleum products. The company competes with other energy giants like ExxonMobil and Chevron. On June 26, 2025, Wells Fargo maintained its "Overweight" rating for COP, with the stock priced at $89. They also raised the price target from $113 to $117.

Recently, COP's stock closed at $91.71, marking a 3.15% drop from its previous close, as highlighted by Zacks. This decline contrasts with the broader market, where the S&P 500, Dow Jones, and Nasdaq all saw gains. Despite this dip, COP has increased by 11.15% over the past month, outperforming the Oils-Energy sector's 6.67% gain and the S&P 500's 0.5% rise.

Investors are eagerly awaiting COP's upcoming earnings report. The company is expected to announce earnings of $1.41 per share, indicating a 28.79% year-over-year decline. However, quarterly revenue is projected to rise by 5.52% to $14.92 billion. For the full fiscal year, earnings are forecasted at $6.21 per share, with total revenue of $62.36 billion.

Currently, COP's stock is priced at $89, reflecting a slight decrease of 0.44%. The stock has traded between $88.80 and $90.02 today. Over the past year, COP has seen a high of $118.40 and a low of $79.88. The company has a market capitalization of approximately $112.35 billion, with a trading volume of 6,374,190 shares today.

ConocoPhillips (NYSE:COP) delivered first-quarter earnings that topped Wall Street expectations and trimmed its full-year spending plans, signaling strong operational discipline in the face of ongoing market volatility. Shares rose 5% intra-day today following the announcement.

The company reported adjusted earnings per share of $2.09, beating the consensus estimate of $1.98 and marking a modest increase from $2.03 in the same period a year ago.

In a move welcomed by investors, ConocoPhillips lowered its full-year 2025 capital expenditures guidance to a range of $12.3 billion to $12.6 billion, down from an earlier forecast of approximately $12.9 billion. The company also cut its expected adjusted operating costs for the year to $10.7 billion–$10.9 billion, from the prior $10.9 billion–$11.1 billion range.

CEO Ryan Lance emphasized the company’s consistent execution and capital discipline, noting that its diversified asset portfolio and solid balance sheet position it well to navigate a shifting macroeconomic environment while maintaining shareholder returns.

ConocoPhillips (NYSE:COP) delivered first-quarter earnings that topped Wall Street expectations and trimmed its full-year spending plans, signaling strong operational discipline in the face of ongoing market volatility. Shares rose 5% intra-day today following the announcement.

The company reported adjusted earnings per share of $2.09, beating the consensus estimate of $1.98 and marking a modest increase from $2.03 in the same period a year ago.

In a move welcomed by investors, ConocoPhillips lowered its full-year 2025 capital expenditures guidance to a range of $12.3 billion to $12.6 billion, down from an earlier forecast of approximately $12.9 billion. The company also cut its expected adjusted operating costs for the year to $10.7 billion–$10.9 billion, from the prior $10.9 billion–$11.1 billion range.

CEO Ryan Lance emphasized the company’s consistent execution and capital discipline, noting that its diversified asset portfolio and solid balance sheet position it well to navigate a shifting macroeconomic environment while maintaining shareholder returns.