ConocoPhillips Surges to 166th in Daily Trading Volume Amid UBS Price Target Hike and Major LNG Contract Win

On August 22, 2025, ConocoPhillips (COP) recorded a trading volume of $610 million, ranking 166th in the day's market activity. The stock closed with a 2.11% increase.

UBS upgraded its price target for COP to $115 from $111 while maintaining a Buy rating, citing operational updates from Q1 2025 results and ongoing strategic positioning in the energy sector.

Coastal Bend LNG selected COP's Optimized Cascade® Process technology for its Texas Gulf Coast liquefaction project, marking a significant contract win that could enhance COP's midstream revenue streams.

Aris Water Solutions extended its water gathering and disposal agreement with COP through 2040, solidifying a long-term operational partnership and signaling stability in COP's cost management and environmental compliance efforts.

COP's dividend yield currently stands at 1.71%, with an annual payout of $2.04 per share. The company has raised its dividend for six consecutive years, including a $0.05 increase in November 2022. Payout ratios remain conservative at 19.65% (trailing earnings) and 10.31% (cash flow).

A backtest of a strategy buying the top 500 stocks by daily volume and holding for one day yielded a 255% cumulative return from 2022 to the present, with a $2,550 profit and a maximum drawdown of -22.3%, reflecting high volatility but overall profitability during the period.