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Despite Soaring 46%, ConocoPhillips Is a Hold as Price Target Trails

Summary by 247wallst.com
The post Despite Soaring 46%, ConocoPhillips Is a Hold as Price Target Trails appeared first on 24/7 Wall St.. Quick Read ConocoPhillips (COP) reported Q1 2026 adjusted EPS of $1.89 beating estimates, but revenue of $16.054B missed by 2.14% and net income fell 23.13% YoY as realized prices slipped to $50.36/BOE. The company repurchased $1B in stock and declared an $0.84 dividend while raising capex guidance to $12-$12.5B. ConocoPhillips trade…

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247wallst.com broke the news in New York, United States on Monday, May 4, 2026.
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