Morgan Stanley maintains Overweight on ConocoPhillips, cuts target

0 min read | Published on 29 Jun 2026, 11:32 PM |Updated on 29 Jun 2026, 11:32 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

Morgan Stanley analyst Devin McDermott maintained an Overweight rating on ConocoPhillips but reduced the price target to $146 from $153.

*this image is generated using AI for illustrative purposes only.

Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on ConocoPhillips (NYSE: COP) while adjusting the valuation outlook. The firm lowered the price target to $146 from the previous $153, signaling a revised expectation for the stock's performance despite the positive stance.

The rating retention suggests continued confidence in the company's underlying fundamentals relative to its sector peers. The reduction in the price target reflects updated financial modeling or market conditions rather than a shift in the broader investment thesis.

Valuation Details

The following table outlines the revised analyst metrics for ConocoPhillips:

Metric	Value
Rating	Overweight
Previous Price Target	$153
New Price Target	$146

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific market conditions or financial model changes prompted the reduction in the price target?

How might ConocoPhillips' performance compare to its sector peers given the revised outlook?

What are the potential risks or opportunities that could influence the stock's trajectory in the coming months?

ConocoPhillips to discuss Q2 2026 results on Aug 6

1 min read | Published on 25 Jun 2026, 10:45 PM |Updated on 25 Jun 2026, 10:45 PM

Reviewed by

Suketu GScanX News Team

Add as a preferred
source on Google

Key Highlights

ConocoPhillips announced it will release its second-quarter 2026 financial and operating results before the market opens on Aug 6, followed by a conference call webcast at 12:00 p.m. ET. The company requires registration for the live webcast via its Investor Relations site, with a replay and transcript available shortly after.

*this image is generated using AI for illustrative purposes only.

ConocoPhillips will host a conference call webcast on Aug 6, 2026, to discuss its second-quarter financial and operating results for the period ending June 30. The company’s financial results will be released before the market opens on the same day, providing investors with detailed performance metrics prior to the management discussion.

The webcast is scheduled to begin at 12:00 p.m. Eastern time. To access the live event, participants must visit the ConocoPhillips Investor Relations site and register at least 15 minutes prior to the start time. The company will archive the webcast, making it available for replay later on Aug 6, with a transcript scheduled for release the following day.

Key Event Details

Event	Date	Time
Q2 2026 Results Release	Aug 6, 2026	Before market open
Conference Call Webcast	Aug 6, 2026	12:00 p.m. ET
Webcast Replay Availability	Aug 6, 2026	Later the same day
Transcript Availability	Aug 7, 2026	Following day

ConocoPhillips operates as a global exploration and production company, focusing on the delivery of oil and gas. The company utilizes a diverse portfolio and advanced technology to meet global energy demands. Investors and interested parties can find further information and updates through the official ConocoPhillips website.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might ConocoPhillips' Q2 2026 performance reflect broader trends in the global oil and gas market?

What strategic initiatives could ConocoPhillips announce to address evolving energy demands and regulatory pressures?

How could the company's financial results influence its dividend policy or share buyback programs?