ConocoPhillips ($COP) Stock Forecast: Down 5.7% Today

What is ConocoPhillips?

ConocoPhillips (COP) is a multinational energy corporation involved in hydrocarbon exploration. Today, the stock saw a pronounced bearish trend in the market.

Why is ConocoPhillips going down?

COP stock is down 5.7% on Apr 17, 2026 17:06

• A financial institution maintains a 'Buy' rating on ConocoPhillips with a target price of $128, showing faith in the company's performance.
• Farther Finance Advisors LLC notably increased its holdings in ConocoPhillips amidst various institutional investor actions and insider trading, possibly affecting the stock negatively.
• Annex Advisory Services LLC divested a substantial number of ConocoPhillips shares during a period of significant insider selling, potentially contributing to the bearish movement.
• ConocoPhillips' falling short of Q4 earnings projections and its declaration of a quarterly dividend of $0.84 per share may have further influenced the downward momentum in the market.

COP Price Chart

COP Technical Analysis

COP News

Barclays Maintains ConocoPhillips(COP.US) With Buy Rating, Maintains Target Price $128

Barclays has reiterated its 'Buy' rating for ConocoPhillips (COP.US), maintaining a target price of $128. This indicates Barclays' continued confidence in the company's stock performance and valuation at the specified price point.

https://www.moomoo.com/news/post/68459625/barclays-maintains-conocophillips-copus-with-buy-rating-maintains-target-price

Farther Finance Advisors LLC Boosts Stock Holdings in ConocoPhillips $COP

Farther Finance Advisors LLC significantly increased its stake in ConocoPhillips (NYSE:COP) by 96.8% in the fourth quarter, now holding 70,231 shares valued at $6,574,000. This comes amidst other institutional investor activity and recent insider stock sales totaling over $93 million. ConocoPhillips reported Q4 earnings of $1.02 EPS, missing analyst estimates, but analysts forecast $8.16 EPS for the current fiscal year and have a "Moderate Buy" consensus rating with an average target price of $129.24.

https://www.marketbeat.com/instant-alerts/filing-farther-finance-advisors-llc-boosts-stock-holdings-in-conocophillips-cop-2026-04-17/

Financial Enhancement Group LLC Buys 13,241 Shares of ExxonMobil Corporation $XOM

Financial Enhancement Group LLC significantly increased its stake in ExxonMobil Corporation by 743.9% in the fourth quarter, acquiring an additional 13,241 shares to bring its total holdings to 15,021 shares, valued at approximately $2.01 million. This increase in institutional ownership is highlighted amidst recent insider selling and positive news for ExxonMobil regarding geopolitical events and new project developments, though some negative sentiment exists around Golden Pass LNG sales and softening oil demand signals. The company reported strong Q4 EPS, exceeding analyst estimates, and maintains a "Moderate Buy" consensus rating with a $159.20 price target from analysts.

https://www.marketbeat.com/instant-alerts/filing-financial-enhancement-group-llc-buys-13241-shares-of-exxonmobil-corporation-xom-2026-04-17/

Annex Advisory Services LLC Sells 30,567 Shares of ConocoPhillips $COP

Annex Advisory Services LLC significantly reduced its stake in ConocoPhillips (NYSE:COP) by selling 30,567 shares, retaining only 3,513 shares. This comes amidst heavy insider selling, totaling over $93 million in the last quarter, though analyst sentiment remains bullish with multiple price target upgrades. ConocoPhillips reported Q4 earnings of $1.02 EPS, missing estimates, and announced a quarterly dividend of $0.84 per share.

https://www.marketbeat.com/instant-alerts/filing-annex-advisory-services-llc-sells-30567-shares-of-conocophillips-cop-2026-04-17/

Odfjell Technology wins long-term North Sea deal with ConocoPhillips

Odfjell Technology has secured a significant 5.5-year contract, with two 5-year options, with ConocoPhillips Skandinavia for integrated services in the North Sea. The deal, which runs until December 31, 2031, substantially increases Odfjell’s backlog and includes platform drilling operations, maintenance, well engineering, and potential downhole equipment and plug and abandonment services in Norway.

https://splash247.com/odfjell-technology-wins-long-term-north-sea-deal-with-conocophillips/

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ConocoPhillips Price History

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.

01.03.2026 - COP Stock was down 5.2%

• A notable insider sell by ConocoPhillips's Chairman and CEO may have indicated doubt in the company's future, affecting investor confidence.
• Decreased revenue and a high debt-to-equity ratio identified in the financial review likely contributed to the stock's decline.
• Shifting market attitudes towards global oil supplies, influenced by geopolitical tensions such as the Iran conflict, resulted in a widespread drop in energy stocks, including ConocoPhillips.
• PrimeEnergy Resources' delay in financial report filing due to reduced oil prices might have further fueled negative sentiment in the energy sector, impacting ConocoPhillips' stock performance.

01.03.2026 - COP Stock was down 5.0%

• The decline in ConocoPhillips' stock price could be linked to broader market worries about global energy supplies amid the Iran war, causing disruptions in crude oil and LNG markets.
• While Zacks Research upgraded the company from a "strong sell" to a "hold" rating, uncertainties surrounding energy independence and supply chain disruptions may have influenced overall sentiment in the energy sector.
• The extension of the "Small Biz Builder" program by ConocoPhillips in partnership with the University of Texas Permian Basin is a promising long-term initiative. However, short-term market conditions and geopolitical tensions may have outweighed this development, contributing to the stock price decrease.

08.03.2026 - COP Stock was down 5.3%

• The stock has shown strong performance this year, surpassing industry competitors such as Exxon Mobil and Chevron.
• Geopolitical tensions and the rise in crude oil prices caused by global supply constraints have had a positive impact on Texas E&P companies.
• Analysts have differing views on COP's valuation, with opinions ranging from overvalued for new investors to still a worthwhile investment for existing shareholders.
• Piper Sandler's raised price target for COP to $157 reflects ongoing bullish sentiment among analysts, despite the recent stock decline.

08.03.2026 - COP Stock was down 6.2%

• The decline in ConocoPhillips' stock price could be linked to the overall drop in oil stock prices, exemplified by Exxon Mobil Corp (XOM) experiencing a 6.02% decrease.
• While Piper Sandler and RBC Capital increased their price targets for COP, the prevailing negative market sentiment toward oil stocks, evident through analyst downgrades and production disturbances, likely overshadowed these positive evaluations.
• A comparison between ConocoPhillips and ExxonMobil as dividend stocks might have influenced investor choices, with ExxonMobil's diversified energy portfolio offering greater stability in the current volatile market environment.
• Forecasts of additional decreases in oil stock prices, hinted at by expectations that investors are becoming accustomed to such conditions, add to the challenging market dynamics affecting ConocoPhillips' stock performance.

08.03.2026 - COP Stock was down 7.1%

• Despite a price target increase by RBC Capital to $152 and an "Outperform" rating, the stock faced a bearish trend, suggesting a disconnect between market sentiment and analyst forecasts.
• Rathbones Group PLC notably raised its stake in ConocoPhillips, indicating faith in the company's long-term potential, although external factors may be influencing investor sentiment.
• ConocoPhillips has historically outperformed the S&P 500 and shown strong financial performance, but today's bearish movement could be linked to broader market conditions or sector-specific challenges.
• Comparisons with EQT, a more appealing investment option based on financial metrics, may have impacted ConocoPhillips' downward trend as investors review their portfolio strategies in light of diverse market opportunities.

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.

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.

17.03.2026 - COP Stock was down 5.3%

• Farther Finance Advisors LLC significantly increased its stake in ConocoPhillips, but this was overshadowed by heavy insider selling, including Annex Advisory Services LLC reducing its stake.
• ConocoPhillips reported Q4 earnings below analyst estimates, which might have contributed to the bearish market movement.
• The news of Odfjell Technology winning a long-term contract with ConocoPhillips could not offset the negative sentiment surrounding the company's earnings miss and insider selling.
• Overall, the combination of underwhelming financial performance and significant insider selling likely led to the bearish movement in ConocoPhillips' stock today.

17.03.2026 - COP Stock was down 5.7%

• A financial institution maintains a 'Buy' rating on ConocoPhillips with a target price of $128, showing faith in the company's performance.
• Farther Finance Advisors LLC notably increased its holdings in ConocoPhillips amidst various institutional investor actions and insider trading, possibly affecting the stock negatively.
• Annex Advisory Services LLC divested a substantial number of ConocoPhillips shares during a period of significant insider selling, potentially contributing to the bearish movement.
• ConocoPhillips' falling short of Q4 earnings projections and its declaration of a quarterly dividend of $0.84 per share may have further influenced the downward momentum in the market.

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.

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.