ConocoPhillips Receives Higher Target from Roth Capital Amid Ongoing Cost Cuts
ByAinvest
Saturday, Feb 7, 2026 8:38 am ET1min read
COP--
ConocoPhillips' (COP) Q4 results were impacted by lower oil prices, but the company plans to reduce capital and operating costs by $1B in 2026. Roth Capital Partners increased its price objective to $112 from $105 and maintained a Buy rating. The company also completed $3.2B in asset sales in 2025 and aims to reach its $5B divestment goal by the end of 2026.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet