Stock Valuation: ConocoPhillips (NYSE:COP) is identified as one of the most undervalued low volatility stocks currently available for investment. UBS has increased its price target for the stock from $116 to $123 while maintaining a Buy rating.
Q2 2025 Earnings Report: The company reported its fiscal Q2 2025 earnings on August 7, with earnings per share (EPS) of $1.56 and adjusted EPS of $1.42.
Financial Performance
Cash Generation: ConocoPhillips generated $3.5 billion in cash from operating activities, with total cash from operations (CFO) amounting to $4.7 billion for the quarter.
Dividend Declaration: The company announced a Q3 ordinary dividend of $0.78 per share, reflecting its commitment to returning value to shareholders.
Business Operations
Core Activities: ConocoPhillips is engaged in the exploration, transportation, production, and marketing of natural gas, crude oil, and bitumen.
Geographical Segments: The company operates across various regions, including Alaska, the Lower 48 states, Canada, Europe, the Middle East, North Africa, Asia Pacific, and other international markets.
Investment Considerations
Comparative Analysis: While ConocoPhillips presents a strong investment opportunity, the article suggests that certain AI stocks may offer greater potential for upside and lower risk.
Additional Resources: The article encourages readers to explore a free report on promising short-term AI stocks that could benefit from current economic trends, including tariffs and onshoring.
COP
$90.77+Infinity%1D
Analyst Views on COP
Wall Street analysts forecast COP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COP is 112.38 USD with a low forecast of 100.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
Wall Street analysts forecast COP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COP is 112.38 USD with a low forecast of 100.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Buy
3 Hold
0 Sell
Strong Buy
Current: 94.360
Low
100.00
Averages
112.38
High
120.00
Current: 94.360
Low
100.00
Averages
112.38
High
120.00
Jefferies
Buy
maintain
$120
2025-12-15
New
Reason
Jefferies
Price Target
$120
2025-12-15
New
maintain
Buy
Reason
Jefferies keeps a Buy rating and $120 price target on ConocoPhillips while noting that the company offers an underappreciated and differentiated resource in 2030 and beyond. In the nearer-term, ConocoPhillips seems prepared to lean on its balance sheet to maintain shareholder returns given its catalysts, the analyst tells investors in a research note. Jefferies adds that it is watching upward revisions to Willow's resource as improved permitting could allow for more exploration.
UBS
Buy
maintain
$117 -> $120
2025-12-12
New
Reason
UBS
Price Target
$117 -> $120
2025-12-12
New
maintain
Buy
Reason
UBS raised the firm's price target on ConocoPhillips to $120 from $117 and keeps a Buy rating on the shares. After three years of limited gains, the Energy sector appears positioned for a stronger 2026, supported by improving oil and natural gas outlooks, M&A-driven value creation, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations, the analyst tells investors in a research note. Natural gas E&Ps are favored, though positive momentum is expected broadly across Oil E&Ps and OFS, UBS adds.
Mizuho
Outperform
maintain
$120 -> $121
2025-12-12
New
Reason
Mizuho
Price Target
$120 -> $121
2025-12-12
New
maintain
Outperform
Reason
Mizuho raised the firm's price target on ConocoPhillips to $121 from $120 and keeps an Outperform rating on the shares. The firm adjusted ratings and targets in the exploration and production group as part of its 2026 outlook. While sentiment for U.S. oil and gas names is negative on oil market oversupply and high gas storage, there is "underappreciated value" in the group, particularly in exploration and production on longer-term fundamentals that could start becoming realized in 2026, the analyst tells investors in a research note. Mizuho suggests a reallocation of risk toward oil E&Ps with a selective bias in gas stocks. It turned more neutral on refining.
JPMorgan
Arun Jayaram
Overweight
to
Overweight
downgrade
$112 -> $102
2025-12-08
Reason
JPMorgan
Arun Jayaram
Price Target
$112 -> $102
2025-12-08
downgrade
Overweight
to
Overweight
Reason
JPMorgan analyst Arun Jayaram lowered the firm's price target on ConocoPhillips to $102 from $112 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in the exploration and production space as part of its 2026 outlook. JPMorgan sees supply side risks for oil and liquids, but says the "long-awaited demand inflection for natural gas has finally arrived." The magnitude of the crude oil oversupply, plus a potential end to the Russia-Ukraine conflict in 2026, is a "double whammy" for lower oil prices, the analyst tells investors in a research note.
About COP
ConocoPhillips is an exploration and production company. Its Alaska segment primarily explores for, produces, transports and markets crude oil, natural gas and NGLs. The Lower 48 segment consists of operations located in the 48 contiguous states in the United States and the Gulf of Mexico. Canadian operations consist of the Surmont oil sands development in Alberta, the liquids-rich Montney unconventional play in British Columbia and commercial operations. The Europe, Middle East and North Africa segment consists of operations principally located in the Norwegian sector of the North Sea, the Norwegian Sea, Qatar, Libya, Equatorial Guinea and commercial and terminalling operations in the United Kingdom. Asia Pacific segment has exploration and production operations in China, Malaysia, Australia and commercial operations in China, Singapore and Japan. Other International segment includes interests in Colombia as well as contingencies associated with prior operations in other countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
