ConocoPhillips (COP) is up 3.3% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is a sharp move higher in crude prices, which tends to lift large exploration and production names like ConocoPhillips. Investors also appear to be leaning on the company’s already strong second-quarter results, steady guidance, and aggressive capital returns, which make the stock more sensitive to improving commodity sentiment.
Details:
Sources:
ConocoPhillips, AP, Hydrocarbon Processing
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$COP Insider Trading Activity
$COP insiders have traded $COP stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $COP stock by insiders over the last 6 months:
- KELLY BRUNETTI ROSE (SVP & General Counsel) sold 15,000 shares for an estimated $2,017,724
- ANDREW D LUNDQUIST (Senior Vice President) sold 9,487 shares for an estimated $1,282,168
- SHARMILA MULLIGAN sold 1,974 shares for an estimated $234,906
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$COP Hedge Fund Activity
We have seen 1,089 institutional investors add shares of $COP stock to their portfolio, and 1,193 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 41,476,189 shares (+inf%) to their portfolio in Q2 2026, for an estimated $4,311,864,608
- JPMORGAN CHASE & CO added 38,047,399 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,955,407,600
- FISHER ASSET MANAGEMENT, LLC removed 14,277,591 shares (-93.8%) from their portfolio in Q2 2026, for an estimated $1,484,298,360
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 3,564,622 shares (+9.4%) to their portfolio in Q2 2026, for an estimated $370,578,103
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 3,098,953 shares (+inf%) to their portfolio in Q2 2026, for an estimated $322,167,153
- BOSTON PARTNERS added 2,740,260 shares (+40.5%) to their portfolio in Q2 2026, for an estimated $284,877,429
- BLACKROCK, INC. added 2,712,703 shares (+3.0%) to their portfolio in Q2 2026, for an estimated $282,012,603
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$COP Analyst Ratings
Wall Street analysts have issued reports on $COP in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Roth Capital issued a "Buy" rating on 06/22/2026
- Morgan Stanley issued a "Overweight" rating on 05/22/2026
To track analyst ratings and price targets for $COP, check out Quiver Quantitative's $COP forecast page.
$COP Price Targets
Multiple analysts have issued price targets for $COP recently. We have seen 7 analysts offer price targets for $COP in the last 6 months, with a median target of $143.0.
Here are some recent targets:
- Gabe Daoud from Truist Securities set a target price of $115.0 on 07/08/2026
- Josh Silverstein from UBS set a target price of $143.0 on 07/08/2026
- Nitin Kumar from Mizuho set a target price of $146.0 on 07/07/2026
- Devin McDermott from Morgan Stanley set a target price of $146.0 on 06/29/2026
- Leo Mariani from Roth Capital set a target price of $130.0 on 06/22/2026
- Betty Jiang from Barclays set a target price of $155.0 on 05/26/2026
- Betty Zhang from Scotiabank set a target price of $125.0 on 04/22/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
