ConocoPhillips (COP) Projected to Post Earnings on Thursday

ConocoPhillips (NYSE:COP) will likely be releasing its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $2.90 per share and revenue of $18.7867 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 12:00 PM ET.

ConocoPhillips Stock Down 2.4%

NYSE:COP opened at $116.28 on Tuesday. ConocoPhillips has a 52 week low of $85.57 and a 52 week high of $135.87. The stock’s fifty day moving average is $112.96 and its two-hundred day moving average is $115.23. The stock has a market capitalization of $141.67 billion, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 1.45 and a beta of 0.11. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 0.34.

Institutional Trading of ConocoPhillips

Hedge funds have recently added to or reduced their stakes in the company. Strive Asset Management LLC acquired a new position in ConocoPhillips during the 3rd quarter worth approximately $28,000. Sfam LLC acquired a new stake in shares of ConocoPhillips in the 4th quarter valued at $34,000. BNP Paribas purchased a new stake in shares of ConocoPhillips during the 2nd quarter worth $33,000. IFC & Insurance Marketing Inc. acquired a new position in shares of ConocoPhillips during the fourth quarter worth $37,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of ConocoPhillips during the fourth quarter worth $46,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on COP. Freedom Capital downgraded ConocoPhillips from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ConocoPhillips in a research report on Wednesday, June 3rd. Wolfe Research boosted their price target on shares of ConocoPhillips from $138.00 to $144.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Roth Capital raised shares of ConocoPhillips from a “neutral” rating to a “buy” rating and increased their price target for the stock from $124.00 to $130.00 in a research report on Monday, June 22nd. Finally, Royal Bank Of Canada set a $130.00 price objective on shares of ConocoPhillips in a research note on Monday, June 22nd. Eighteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, ConocoPhillips has a consensus rating of “Moderate Buy” and a consensus price target of $134.16.

ConocoPhillips Company Profile

ConocoPhillips (NYSE: COP) is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company’s activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.