William H. McRaven, an insider at ConocoPhillips (COP), recently purchased 5,768 shares of the company's stock at a price of $86.68 per share, totaling approximately $500,000. This transaction took place on November 9, 2025.
Following this acquisition, McRaven holds 5,768 shares of ConocoPhillips, which is headquartered in Houston, Texas. The company operates in the energy sector, engaging in the exploration, production, transport, and marketing of crude oil, bitumen, and natural gas. With a market cap of $107.0 billion, ConocoPhillips has a trailing P/E ratio of 11.65 and an EPS of 7.48.
Insider buying can often be seen as a positive signal, as executives typically have access to non-public information about their company's operations. However, potential investors should remember that insider transactions can be influenced by various personal or regulatory factors.
The move underscores the importance of monitoring insider activity as part of a broader investment strategy. While this single transaction provides insight into McRaven's confidence in ConocoPhillips, investors should consider patterns of insider behavior across multiple insiders and time periods.
Looking ahead, ConocoPhillips is set to report its upcoming earnings on May 5, 2026, with an estimated EPS of $1.50 and revenue of $14.2 billion, followed by another report on August 4, 2026, with an EPS estimate of $1.57 and revenue expectation of $14.6 billion.