13 Most Promising Energy Stocks According to Wall Street Analysts

9. ConocoPhillips (NYSE:COP)

Number of Hedge Fund Holders: 72

Average Upside Potential: ~25.1%

ConocoPhillips (NYSE:COP) is one of the Most Promising Energy Stocks According to Wall Street Analysts. On September 15, Mizuho reduced the price target on the company’s stock to $120 from $125, while keeping an “Outperform” rating, as reported by The Fly. The firm adjusted ratings in the broader integrated oil space post updating the commodity price outlook and valuations. It expects a positive skew in gas prices over the upcoming 12 months. Notably, the firm has a relative preference for the large-cap, gas exploration and production companies, having selective exposure to the core oil names.

In Q2 2025, ConocoPhillips (NYSE:COP) delivered robust results financially, operationally, and strategically. It completed the integration of Marathon Oil and remains on track to deliver over $1 billion in synergies and over $1 billion of one-time benefits. Furthermore, ConocoPhillips (NYSE:COP) has been leveraging its scale and technologies to drive further $1 billion-plus in company-wide cost reductions and margin enhancements by 2026 end.

Cullen Capital Management, LLC, operating under the name Schafer Cullen Capital Management, Inc. (SCCM), released its SCCM Enhanced Equity Income Fund Q2 investor letter. Here is what the fund said:

ConocoPhillips (NYSE:COP) – The stock was purchased in the strategy during the quarter. ConocoPhillips is a leading independent exploration and production company with a global portfolio of low-cost, high-return assets and a disciplined capital allocation strategy. The company is approaching a free cash flow inflection as capital spending on major long-cycle projects begins to roll off in 2H25, improving its ability to return capital to shareholders. Management targets returning approximately 45% of operating cash flow through dividends and buybacks, supported by efficiency gains and a strong balance sheet. COP trades at 14.4x 2025 EPS and offers an ~8% capital return yield, presenting an attractive entry point amid a constructive long-term oil backdrop.