ConocoPhillips ($COP) Stock Forecast: Down 1.7% Today

What is ConocoPhillips?

ConocoPhillips (COP) is a multinational energy corporation involved in hydrocarbon exploration. The stock saw a notable decrease in a volatile market influenced by geopolitical tensions and earnings performance.

Why is ConocoPhillips going down?

COP stock is down 1.7% on Mar 31, 2026 17:11

• Missing Q4 earnings and revenue projections have led to a bearish trend for ConocoPhillips, resulting in a diminished stock position by Exchange Traded Concepts LLC.
• Despite the potential benefits from higher oil prices due to geopolitical conflicts, concerns regarding insider selling and the company's strategy on reinvestment versus shareholder returns prevail.
• Investors are closely observing dividend sustainability, management's approach to major projects and market risks.
• The bearish movement may reflect broader market sentiments towards energy stocks, with an analysis also raising questions about Chevron's (CVX) valuation post-significant share price increases.

COP Price Chart

COP Technical Analysis

COP News

ConocoPhillips Eyes Oil Windfall To Boost Buybacks And Dividend Growth

ConocoPhillips is poised to use a potential windfall from higher oil prices, fueled by conflict with Iran, to increase share buybacks and dividend growth. Management intends to direct extra free cash flow towards returning capital to shareholders, aiming for dividend payouts among the top S&P 500 companies. Investors should monitor the sustainability of these payouts, insider selling, and how the balance between reinvestment and shareholder returns is managed given ongoing large-scale projects and market risks.

https://simplywall.st/stocks/us/energy/nyse-cop/conocophillips/news/conocophillips-eyes-oil-windfall-to-boost-buybacks-and-divid

Earnings Flash (FDS) FactSet Research Systems Inc. Posts Q2 Adjusted EPS $4.46 per Share

FactSet Research Systems Inc. (FDS) announced adjusted EPS of $4.46 per share for its second fiscal quarter. The company also reported Q2 revenue of $611.0 million, exceeding FactSet's estimate of $604.8 million. FactSet Research Systems has lifted its fiscal 2026 guidance, expecting revenue between $2.45 billion and $2.47 billion and adjusted EPS ranging from $17.25 to $17.75.

https://www.marketscreener.com/news/earnings-flash-fds-factset-research-systems-inc-posts-q2-adjusted-eps-4-46-per-share-ce7e51deda8dff20

Retirement Systems of Alabama Decreases Stake in Chevron Corporation $CVX

Retirement Systems of Alabama reduced its stake in Chevron Corporation by 0.7% in Q4 2025, selling 7,897 shares, but it remains its 27th largest holding. Despite this minor decrease, other major institutions like Vanguard and State Street significantly increased their holdings, and hedge funds collectively own 72.42% of the company's stock. Chevron reported strong Q4 EPS, raised its quarterly dividend, and analysts have set higher price targets for the stock, although the company faces challenges from geopolitical uncertainty and storm damage at its Wheatstone LNG plant.

https://www.marketbeat.com/instant-alerts/filing-retirement-systems-of-alabama-decreases-stake-in-chevron-corporation-cvx-2026-03-31/

Exchange Traded Concepts LLC Trims Stock Position in ConocoPhillips $COP

Exchange Traded Concepts LLC significantly reduced its stake in ConocoPhillips (NYSE:COP) by 75.2% in Q4, selling 132,413 shares. ConocoPhillips missed its Q4 earnings and revenue estimates, reporting $1.02 EPS against an expected $1.23, and $13.86 billion in revenue versus $14.35 billion, but paid an $0.84 quarterly dividend. Insider sales totaled 621,670 shares worth $78.32 million in the last quarter, reducing insider ownership to 0.24%.

https://www.marketbeat.com/instant-alerts/filing-exchange-traded-concepts-llc-trims-stock-position-in-conocophillips-cop-2026-03-31/

Is It Too Late To Consider Chevron (CVX) After Strong Multi‑Year Share Price Gains?

This article analyzes whether Chevron (CVX) stock still offers value after significant share price gains over multiple years. It uses a Discounted Cash Flow (DCF) analysis, which suggests the stock is undervalued by 43.6%, and a Price-to-Earnings (P/E) ratio comparison, which indicates it is overvalued compared to industry peers and its proprietary "Fair Ratio." The piece concludes by suggesting investors use Simply Wall St's narrative tools to form their own valuation based on their future expectations for Chevron.

https://ca.finance.yahoo.com/news/too-consider-chevron-cvx-strong-050510039.html

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ConocoPhillips Price History

03.03.2025 - COP Stock was down 6.3%

• The potential $1 billion sale of Oklahoma oil and gas assets by ConocoPhillips indicates a strategic shift towards focusing on key U.S. basins, which might have raised concerns among investors about the company's future growth prospects.
• Despite a slight 0.67% positive movement in the stock price, the overall sentiment seems to have been overshadowed by the news of asset divestitures, leading to a bearish trend for the day.
• The historical outperformance of ConocoPhillips over the past 5 years, with an average annual return of 27.24%, could have set high expectations among investors, making any strategic changes or divestitures a cause for concern and potential market reaction.

04.03.2025 - COP Stock was down 10.1%

• COP's stock plunged 10.2% in a day, reflecting the high exposure of upstream companies like EOG and CVX to the volatility in oil and gas prices.
• The evaluation of selling Oklahoma assets worth $1 billion indicates COP's strategic move to streamline its operations and focus on key U.S. basins, potentially causing uncertainty among investors.
• Despite a minor 0.67% increase in stock price, the overall sentiment seems bearish due to the broader industry challenges and market volatility affecting COP's operations.

09.09.2025 - COP Stock was down 1.4%

• Notwithstanding the bullish market, ConocoPhillips (COP) saw a significant bearish movement.
• The stock ended the session at $93.75, reflecting a 1.55% decline from the previous trading day.
• The bearish trend in COP might be linked to company-specific factors or adverse developments affecting the energy sector.
• Investors may be responding to fluctuations in oil prices or apprehensions about ConocoPhillips' financial performance.

07.07.2025 - COP Stock was down 2.7%

• ConocoPhillips (COP) reported better-than-expected Q2 earnings but missed revenue estimates, indicating potential challenges in revenue generation.
• Despite having a low-cost asset portfolio, ConocoPhillips may have been impacted by oil price volatility, leading to a bearish market movement.
• The market turbulence in the oil sector, as highlighted by another company's resilience with its strong balance sheet, could have influenced investors' sentiment towards ConocoPhillips and contributed to the bearish movement.

08.06.2025 - COP Stock was up 5.1%

• ConocoPhillips (COP) closed at $94.44 with a +2.66% increase from the previous day, showcasing a strong bullish movement.
• Weaker oil and gas prices in Q2 have affected Exxon Mobil's upstream earnings, but ConocoPhillips appears to have outperformed the stock market despite these challenges.
• The bullish movement in ConocoPhillips (COP) could be attributed to its strategic decisions, operational efficiency, or market perception of its resilience in navigating through the volatile energy sector.
• Despite industry challenges, ConocoPhillips' performance highlights its adaptability and potential to capitalize on market opportunities.

09.03.2025 - COP Stock was up 7.9%

• Despite tariff-induced market uncertainty, both EOG Resources and ConocoPhillips are leveraging their strong balance sheets to navigate through challenging times.
• Speculation is high on ConocoPhillips beating earnings estimates in the upcoming quarterly report, supported by its impressive earnings surprise history.
• The options market for ConocoPhillips showed a mix of bullish and bearish sentiments, with financial giants making a notable bearish move on the stock.
• While EOG Resources benefits from favorable oil prices, its exposure to extreme volatility in commodity prices poses a risk, similar to other upstream companies like ConocoPhillips.
• The plunge in ConocoPhillips' stock price could be attributed to the inherent volatility in oil and gas prices, impacting its upstream operations and echoing concerns seen in other energy companies like EOG and Chevron.

06.10.2025 - COP Stock was down 0.7%

• Despite surpassing Q3 earnings and revenue estimates, ConocoPhillips (COP) experienced strong bearish movement in the market.
• The lower-than-expected quarterly earnings per share of $1.41 compared to $1.78 in the year-ago period might have contributed to the bearish sentiment.
• Investors may have reacted negatively to the news of lower year-over-year oil prices, even with expectations of stronger output for ConocoPhillips in Q3.
• The market movement could also be influenced by broader industry trends and external factors impacting the energy sector.

10.03.2025 - COP Stock was down 6.4%

• ConocoPhillips (COP) gained 10.7% in the last session, but the current trend in earnings estimates may not support further increases, resulting in profit-taking and a bearish market trend today.
• Market uncertainties linked to tariffs may have contributed to the downward movement, despite a strong balance sheet from the company.
• The options market dynamics indicate a negative sentiment among major financial players regarding ConocoPhillips, with a significant portion of traders showing bearish inclinations that could impact the stock's performance.
• The recommended hold strategy for EOG Resources in the same sector, driven by favorable oil prices, may have indirectly shed light on the challenges faced by companies like ConocoPhillips in dealing with commodity price fluctuations, which could have influenced today's bearish movement.

14.00.2026 - COP Stock was up 5.4%

• A gas discovery at ConocoPhillips' Charlemont-1 exploration well in Australia's Otway Basin, potentially one of the largest in the area, was a key driver behind the recent positive shift in the COP stock.
• Although technical analysis indicated a possible bearish trend on the daily chart, the encouraging gas discoveries overshadowed short-term bearish signals, boosting investor confidence in the company.
• The confirmation of a second gas discovery at Charlemont-1 reinforces ConocoPhillips' position in the region and bolsters future development plans, enhancing overall optimism towards the company.
• Valuation assessments, including Discounted Cash Flow and Price-to-Earnings ratios, suggesting that COP is undervalued, may have also attracted investors seeking an advantageous entry point, contributing to the recent bullish momentum in the stock.

04.03.2025 - COP Stock was down 9.1%

• The bearish movement in ConocoPhillips' stock can be attributed to the overall volatility in oil and gas prices, which directly impacts the company's upstream operations.
• The options market dynamics also revealed a notable bearish sentiment among financial giants, with a majority of trades showing a pessimistic outlook on COP.
• The news of ConocoPhillips evaluating the sale of Oklahoma assets to raise funds for strategic realignment might have added to the negative sentiment, signaling potential restructuring and divestitures.
• While favorable oil prices have been benefiting companies like EOG Resources, ConocoPhillips' specific exposure to the volatile nature of commodity prices likely contributed to the stock's sharp decline.

08.00.2026 - COP Stock was up 5.2%

• The bearish sentiment on oil from institutional investors could have created a contrarian opportunity for traders, leading to increased buying pressure on COP.
• The reduction in Exxon Mobil Corporation holdings by Allen Wealth Management LLC, coupled with Exxon's warning of potential profit drops, might have shifted investor focus towards other energy companies like ConocoPhillips, driving up its stock price.
• Honeywell's involvement in the Commonwealth LNG project and Murphy Oil Corporation's successful oil discovery off Vietnam could have positively influenced the overall sentiment towards the energy sector, benefiting companies like ConocoPhillips.
• Chevron's discussions with the U.S. government for an expanded Venezuela license may have added a layer of geopolitical risk to the oil market, further pushing investors towards companies like ConocoPhillips with potentially lower exposure to such uncertainties.

31.02.2026 - COP Stock was down 1.7%

• Missing Q4 earnings and revenue projections have led to a bearish trend for ConocoPhillips, resulting in a diminished stock position by Exchange Traded Concepts LLC.
• Despite the potential benefits from higher oil prices due to geopolitical conflicts, concerns regarding insider selling and the company's strategy on reinvestment versus shareholder returns prevail.
• Investors are closely observing dividend sustainability, management's approach to major projects and market risks.
• The bearish movement may reflect broader market sentiments towards energy stocks, with an analysis also raising questions about Chevron's (CVX) valuation post-significant share price increases.