COP – ConocoPhillips

ConocoPhillips: Comprehensive Monthly Stock Report (November 30, 2025)

Company Overview

ConocoPhillips, headquartered in Houston, Texas, is a prominent player in the Oil & Gas Exploration and Production (E&P) sector within the broader energy industry. Founded in 1917, the company engages in a diversified range of activities including the exploration, production, transportation, and marketing of crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. The firm operates across six distinct segments: Alaska, Lower 48, Canada, Europe, the Middle East and North Africa, Asia Pacific, and Other International.

ConocoPhillips’ business model leverages a blend of unconventional plays and conventional assets, positioning it as a formidable competitor in the global energy marketplace. The company serves various key markets, including the United States, Canada, China, and the United Kingdom, and remains focused on harnessing its extensive portfolio for sustainable long-term growth.

52-Week Price Performance Analysis

As of November 28, 2025, ConocoPhillips’ stock was trading at $88.69, reflecting a noteworthy position in the energy sector amid broader market volatility. The fifty-two-week price chart indicates a significant range, with a high of $108.74 and a low of $79.88. Currently, the stock price is below the fifty-day moving average of $90.09, which typically serves as a dynamic resistance level.

Key Technical Insights:

• Resistance Levels: Price resistance is notably strong around the $105 mark, where the stock has struggled to gain traction.
• Support Levels: The stock appears to have established support around the $85 level. This price point has been tested multiple times, indicating a potentially significant floor.
• Price Momentum: Recent price action has shown a minor recovery from lows near $85, rising approximately 4% to the current level. However, this uptick appears to be part of a broader consolidation pattern rather than a definitive bullish reversal.
• Market Sentiment: A downward-sloping trendline suggests ongoing bearish sentiment, reinforced by the inability to maintain above the moving average level.

Investors should approach this stock with caution, as any anticipated price recovery may face challenges unless broader market dynamics shift significantly.

Financial Performance and Metrics

ConocoPhillips showcases robust financial fundamentals that reinforce its stable position within the industry:

• Total Revenue: Approximately $61.28 billion, indicating strong revenue generation capabilities.
• EBITDA: About $25.42 billion, showcasing operational efficiency.
• Outstanding Shares: Approximately 1.24 billion, with around 13.16 million shorted shares, representing 1.07% of the total float.

Valuation Metrics

• Current Stock Price: $88.69, which remains significantly below the average target price of $112.91.
• Price Targets: Analysts have set a range of price targets, including a high of $131 and a low of $98, suggesting potential upward mobility in the stock’s price trajectory.

Recent News and Developments

Recent developments around ConocoPhillips have had significant implications for its operational strategy:

1. Legal Proceedings: A U.S. judge has authorized the sale of shares in PDV Holding, the parent company of Citgo Petroleum, with expected proceeds to be disbursed to creditors, including ConocoPhillips. This transaction is anticipated to finalize next year, pending regulatory approvals. (Source)

2. Workforce Reduction: The company announced a reduction in workforce by 20% to 25%, impacting approximately 2,600 to 3,250 employees globally. This decision aimed at mitigating costs amidst low oil prices and rising operational expenses, which resulted in a 4.3% drop in stock price following the announcement. (Source)

3. Asset Sales: ConocoPhillips is reportedly nearing a strategic $1.3 billion sale of its Oklahoma assets to Stone Ridge Energy, which indicates a strategic realignment of capital to focus on core operations. (Source)

Market Sentiment and Analyst Recommendations

Market sentiment surrounding ConocoPhillips remains cautiously optimistic, as reflected in diverse analyst opinions:

• Analyst Consensus: There is a strong buy recommendation with a mean score of 1.69, indicating bullish sentiment among analysts.
• Price Targets: Analysts have provided a range of price targets:
• High: $131
• Low: $98
• Average: $112.91
• Median: $114.24

Notable Analyst Commentary:

• Wells Fargo maintains an “Equal Weight” rating with a price target of $100, signaling limited upside.
• JPMorgan, on the other hand, has resumed coverage with an “Overweight” rating and a higher price target of $126, arguing for the company’s low breakeven costs and potential for significant cash returns in 2025. (Source)

Conclusion

In conclusion, ConocoPhillips represents a compelling investment opportunity within the Oil & Gas E&P sector, given its robust financial fundamentals and favorable analyst sentiment. However, potential investors should remain alert to recent developments that could impact market sentiment and stock performance. Monitoring the technical indicators, price levels, and industry conditions will be critical for making informed investment decisions in the coming months. As always, it is advisable to consider both opportunities and risks before committing capital.

For those considering investment in ConocoPhillips, the company’s strong market position, coupled with the potential for price appreciation based on analyst targets, presents an attractive opportunity, particularly for long-term investors seeking exposure to the energy sector in a fluctuating marketplace.

Metric	Value
Market Cap	$108.8b
Total Debt	$23.5b
Total Cash	$6.3b
Shares Outstanding	1.2b
Float Shares	1.2b