Houston, Texas-based ConocoPhillips (COP) explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. The company has a market cap of $152.6 billion and is expected to release its Q1 2026 earnings on Thursday, Apr. 30, before the market opens.
Ahead of the event, analysts expect the company’s EPS to be $1.63 on a diluted basis, down 22% from $2.09 in the year-ago quarter. The company has met or exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion.
For fiscal 2026, analysts project the company’s EPS to be $7.09, up 15.1% from $6.16 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 5.9% year over year (YoY) to $7.51 in fiscal 2027.
COP stock has surged 37.9% over the past 52 weeks, outperforming the S&P 500 Index’s ($SPX) 24.2% rise, but lagging behind the State Street Energy Select Sector SPDR ETF’s (XLE) 42.1% return during the same time frame.
On Feb. 5, COP shares fell 2.4% following the release of its Q4 2025 earnings. The company’s revenue came in at $1.4 billion, down from $2.3 billion in the same quarter last year. Additionally, COP’s adjusted EPS amounted to $1.02, failing to beat Wall Street estimates.
Analysts are moderately bullish on COP, with the stock having a “Moderate Buy” rating overall. Among the 29 analysts covering the stock, 16 are recommending a “Strong Buy,” four suggest a “Moderate Buy,” eight suggest a “Hold,” and one analyst advises “Moderate Sell” for the stock. COP’s average analyst price target is $132.82, indicating an upside of 4% from the current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
