MRA Advisory Group Makes New $1.11 Million Investment in ConocoPhillips $COP

MRA Advisory Group purchased a new stake in ConocoPhillips (NYSE:COP) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,672 shares of the energy producer’s stock, valued at approximately $1,109,000.

Several other large investors also recently made changes to their positions in COP. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of ConocoPhillips in the 4th quarter worth approximately $25,000. Strive Asset Management LLC bought a new stake in ConocoPhillips during the third quarter worth approximately $28,000. Frazier Financial Advisors LLC boosted its holdings in ConocoPhillips by 151.0% during the first quarter. Frazier Financial Advisors LLC now owns 241 shares of the energy producer’s stock worth $32,000 after buying an additional 145 shares in the last quarter. BNP Paribas acquired a new position in ConocoPhillips in the second quarter worth approximately $33,000. Finally, Optima Capital LLC acquired a new position in ConocoPhillips in the fourth quarter worth approximately $34,000. Institutional investors own 82.36% of the company’s stock.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Q2 results exceeded expectations: ConocoPhillips reported adjusted earnings of $3.24 per share versus the roughly $2.90–$2.96 consensus, while revenue reached $19.52 billion, ahead of the $18.79 billion estimate. Earnings more than doubled year over year, supported by a 36% increase in realized prices to $62.33 per barrel of oil equivalent. ConocoPhillips Q2 earnings report
• Positive Sentiment: Cash flow and shareholder returns remained strong: The company generated approximately $7.4 billion in operating cash flow, repurchased $2 billion of stock and paid $1 billion in ordinary dividends. COP also declared another $0.84-per-share quarterly dividend, payable September 1 to shareholders of record August 17. ConocoPhillips second-quarter results and dividend
• Positive Sentiment: Long-term free-cash-flow outlook was reaffirmed: Management continues to target a $7 billion free-cash-flow inflection by 2029, helped by lower capital spending, major projects and improved Permian efficiency. Record Permian output and doubled share repurchases further supported the investment case. COP earnings call free-cash-flow outlook
• Positive Sentiment: Analyst sentiment improved: Goldman Sachs maintained a Buy rating and raised its price target to $140 following the earnings beat. Goldman Sachs raises COP price target
• Neutral Sentiment: Leadership transition appears orderly: CFO Andy O’Brien will become president and CEO on September 1, while Ryan Lance moves to transitional executive chair. The internal succession limits disruption but places execution expectations on the incoming chief executive. ConocoPhillips leadership succession announcement
• Negative Sentiment: Production declined year over year: Second-quarter production was 2.248 million barrels of oil equivalent per day, down from the prior year, although management expects third-quarter production to rise to 2.29–2.32 million barrels per day. ConocoPhillips Q2 2026 production and earnings data

ConocoPhillips Stock Performance

Shares of ConocoPhillips stock opened at $117.48 on Friday. ConocoPhillips has a 12 month low of $85.57 and a 12 month high of $135.87. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.35. The stock has a market cap of $143.13 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 1.37 and a beta of 0.11. The business has a fifty day simple moving average of $113.08 and a 200-day simple moving average of $115.61.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.34. The firm had revenue of $19.52 billion for the quarter, compared to analyst estimates of $18.79 billion. ConocoPhillips had a return on equity of 14.72% and a net margin of 14.22%.ConocoPhillips’s quarterly revenue was up 32.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.42 earnings per share. On average, sell-side analysts anticipate that ConocoPhillips will post 9.49 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 17th. ConocoPhillips’s payout ratio is 57.05%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on COP. UBS Group dropped their price target on ConocoPhillips from $155.00 to $143.00 and set a “buy” rating on the stock in a report on Wednesday, July 8th. Truist Financial reduced their price objective on ConocoPhillips from $128.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, July 8th. Zacks Research cut ConocoPhillips from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Morgan Stanley reaffirmed an “overweight” rating and set a $147.00 target price on shares of ConocoPhillips in a research report on Friday. Finally, Capital One Financial reduced their target price on ConocoPhillips from $156.00 to $154.00 and set an “equal weight” rating for the company in a report on Monday, May 18th. Eighteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $136.44.

ConocoPhillips 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.