ConocoPhillips (NYSE:COP) is included among the 10 Best American Oil and Gas Stocks to Buy.
ConocoPhillips is one of the world’s largest independent E&P companies based on oil and natural gas production and proven reserves.
On January 26, Susquehanna raised its price target on ConocoPhillips from $110 to $115, while maintaining a ‘Positive’ rating on the shares. The revised target, which still indicates an upside of almost 10% from current levels, comes as the firm revised its targets in the exploration and production sector as part of a Q4 preview. Susquehanna noted that the oil market continues to face oversupply issues due to high output from OPEC, putting downward pressure on prices. Meanwhile, the market is also experiencing soft global demand growth.
As a result, Susquehanna reduced its 2026 WTI price assumption from $65 to $60 per barrel. That said, the analyst remains bullish on the long-term outlook for natural gas, driven by the high power demand from data centers and the continued electrification of homes and businesses.
ConocoPhillips boasts an impressive annual dividend yield of 3.04%, putting it among the 11 Best Energy Stocks to Buy for Dividends in 2026.
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