ConocoPhillips Stock Offers Discounted Entry as Executive Signals Confidence

ConocoPhillips (NYSE:COP) is one of the 10 dividend bargains trading below insiders’ prices.

With a significant stock purchase, the company’s top executive makes a bold move amid price target cuts from analysts.

ConocoPhillips Stock Offers Discounted Entry as Executive Signals Confidence

An underground network of pipelines transporting oil through an expansive terrain.

Based in Texas, ConocoPhillips (NYSE:COP), is a global independent exploration and production company focused on crude oil, natural gas, and natural gas liquids. The company operates across major resource basins in North America, Europe, Asia, and Australia. With a diversified portfolio of conventional and unconventional energy assets, it meets the energy needs of its clients.

While maintaining the Outperform rating on the stock, RBC Capital lowers the price target for ConocoPhillips (NYSE:COP) from $120 to $115, citing market volatility and working capital headwinds. On June 11, 2025, Citi also lowered its price target on the stock from $140 to $115, though maintaining the Buy rating.

The company’s Executive Vice-President, Kirk L. Johnson, purchased 5,300 shares, signaling confidence in ConocoPhillips (NYSE:COP)’s growth prospects. At $94.24 per share, the total transaction was valued at $499,472.

ConocoPhillips (NYSE:COP) offers an attractive dividend yield of 3.49%. And with a bargain price of $89.00, less than what EVP has offered during the insider purchase, the stock is available for investors seeking a dividend opportunity.

While we acknowledge the potential of COP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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