What smart money is saying about ConocoPhillips
1 fund in our archive has pitched ConocoPhillips — most recently Schafer Cullen Enhanced Equity Income in June 2025.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of conventional and unconventional exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
Get an email when a fund writes about it
Position history
Between Q2 2025 and Q2 2026, 7 fund letters reported a position in ConocoPhillips — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 4 | 0 | 0 | 0 |
| Q1 2026 | 2 | 0 | 0 | 0 |
| Q4 2025 | 1 | 1 | 0 | 0 |
| Q2 2025 | 0 | 0 | 0 | 1 |
Fund activity · 7 positions · 1 move
- June 2026
“The pure E&P stocks have a bias towards the US (EOG, Diamondback and Devon), with one other name (ConocoPhillips) having a mix of US and international production.”
Read the letterConocoPhillips - HoldsGuinnessJune 2026
“The pure E&P stocks have a bias towards the US (EOG, Diamondback and Devon), with one other name (ConocoPhillips) having a mix of US and international production.”
Read the letterConocoPhillips - June 2026
“Energy was the other main detractor, with both ConocoPhillips and Chevron declining as easing Middle East tensions and negotiations between the U.S. and Iran resulted in a pullback in crude prices.”
Read the letterConocoPhillips - HoldsFindlay Park American FundJune 2026
“The detractors were more mixed, but several reflected two clear themes: a partial reversal in energy and gold after strong first-quarter performance, and rising concern around AI disruption in parts of the “knowledge economy”. EOG Resources and ConocoPhillips, which had been top contributors in 1Q26, gave back some gains as oil prices normalised following disruption in the Strait of Hormuz.”
Read the letterConocoPhillips - March 2026
“• ConocoPhillips was a contributor during the quarter.”
Read the letterConocoPhillips - HoldsYackman AM AMG Yacktman FundMarch 2026
“The energy companies in the portfolio contributed strongly to performance in the quarter: Canadian Natural Resources Limited (CNQ), ConocoPhillips Company, Diamondback Energy, and EOG Resources, Inc.”
Read the letterConocoPhillips - AddedClipper FundDecember 2025
“In commodities, while gold and other precious metals captured the headlines we have focused on undervalued energy and materials companies. Oil has been somewhat overlooked in this commodity boom, and we have taken the opportunity to selectively add companies like ConocoPhillips to the portfolio.”
Read the letterConocoPhillips
Fund coverage · 1 thesis
ConocoPhillips is an attractive investment due to its strong free cash flow outlook, disciplined capital allocation, and potential for significant shareholder returns through dividends and buybacks.
Read the full thesis
Read every full thesis on ConocoPhillips
Unlock all 1 thesis — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.
View plans→