Rep. Julie Johnson Sells ConocoPhillips (NYSE:COP) Shares

Representative Julie Johnson (D-Texas) recently sold shares of ConocoPhillips (NYSE:COP). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in ConocoPhillips stock on December 18th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Philip Morris International (NYSE:PM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Republic Services (NYSE:RSG) on 12/18/2025.

ConocoPhillips Stock Performance

NYSE:COP traded down $0.75 during mid-day trading on Friday, hitting $98.18. 8,932,733 shares of the company’s stock traded hands, compared to its average volume of 7,177,548. The firm has a market capitalization of $121.32 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 2.69 and a beta of 0.32. The firm has a 50 day moving average of $92.65 and a two-hundred day moving average of $92.91. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $106.20.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.20. The company had revenue of $15.03 billion during the quarter, compared to analyst estimates of $14.51 billion. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.The company’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.78 earnings per share. On average, equities analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were paid a $0.84 dividend. The ex-dividend date was Monday, November 17th. This is a boost from ConocoPhillips’s previous quarterly dividend of $0.78. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.4%. ConocoPhillips’s dividend payout ratio is presently 47.52%.

Insider Transactions at ConocoPhillips

In other news, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the transaction, the chief executive officer directly owned 325,972 shares in the company, valued at $30,152,410. The trade was a 60.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William H. Mcraven bought 5,768 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was purchased at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the completion of the acquisition, the director owned 5,768 shares in the company, valued at $499,970.24. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

Hedge funds have recently modified their holdings of the stock. Heartland Bank & Trust Co boosted its holdings in shares of ConocoPhillips by 97.2% in the 2nd quarter. Heartland Bank & Trust Co now owns 6,861 shares of the energy producer’s stock valued at $616,000 after buying an additional 3,381 shares during the last quarter. Tema Etfs LLC acquired a new position in ConocoPhillips during the third quarter worth $1,804,000. D.A. Davidson & CO. raised its position in ConocoPhillips by 12.1% during the third quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock worth $13,321,000 after acquiring an additional 15,202 shares in the last quarter. StoneX Group Inc. raised its position in ConocoPhillips by 510.5% during the second quarter. StoneX Group Inc. now owns 29,285 shares of the energy producer’s stock worth $2,628,000 after acquiring an additional 24,488 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in ConocoPhillips by 17.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 154,360 shares of the energy producer’s stock valued at $13,927,000 after acquiring an additional 22,827 shares during the last quarter. 82.36% of the stock is owned by institutional investors and hedge funds.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Confirmed gas discovery in Australia’s Otway Basin adds to reserves and strengthens ConocoPhillips’ natural‑gas growth optionality — supports longer‑term production and value of downstream/ LNG optionality. ConocoPhillips Confirms Second Gas Discovery in Australia’s Otway Basin ConocoPhillips Australia discovers additional gas in Otway basin Charlemont Trend
• Neutral Sentiment: International oil companies are lobbying for Venezuelan law changes to allow freer exports of oil they produce — could expand export volumes for majors if enacted, but outcomes and timing remain uncertain for ConocoPhillips. International oil companies push for quick reforms in Venezuela to give them control over oil exports
• Neutral Sentiment: Wolfe Research trimmed its price target (126→122) but kept an outperform rating — a modest sign of caution but still indicates upside versus the current price. Wolfe adjusts price target on ConocoPhillips to $122 from $126, maintains outperform rating
• Negative Sentiment: Bank of America reiterated an underperform stance (framed as a “sell equivalent”), citing relatively high oil breakevens for ConocoPhillips and preferring other names — this analyst view is pressuring sentiment. ConocoPhillips cut to sell equivalent at BofA on high oil breakeven; Ovintiv top oil pick
• Negative Sentiment: JPMorgan and other outlets published lower price targets (JPMorgan to $98; reports of a $6 reduction elsewhere), and MarketWatch highlighted COP’s recent underperformance vs. peers — multiple PT cuts and comparative underperformance are amplifying downside pressure. JPMorgan Chase & Co. Lowers ConocoPhillips (NYSE:COP) Price Target to $98.00 ConocoPhillips (COP) Price Target Lowered by $6 ConocoPhillips stock underperforms Thursday when compared to competitors
• Neutral Sentiment: Industry commentators continue to favor select midstream/refining/shipping names over majors in the near term, signaling rotation risk for large oil producers like COP even if fundamentals remain intact. Don’t Trade the Venezuela Headlines. Why We’re Skipping Oil Majors to Zero In on These Energy Stocks Instead.

Wall Street Analyst Weigh In

COP has been the subject of a number of research reports. BMO Capital Markets reduced their price target on shares of ConocoPhillips from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Monday, December 15th. Bank of America reaffirmed an “underperform” rating and set a $102.00 price objective on shares of ConocoPhillips in a research report on Friday. Jefferies Financial Group reissued a “buy” rating on shares of ConocoPhillips in a research report on Monday, December 15th. Capital One Financial lowered their price target on ConocoPhillips from $112.00 to $111.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 8th. Finally, Roth Capital reduced their price objective on ConocoPhillips from $108.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, October 15th. Seventeen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.83.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

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.