What could they possibly say at the Analyst Meeting
Nothing. They have no news to report. No prospect on new wells. They've said everything already. They haven't bought back ANY stock recently. They know COP is going to go down because there's NOTHING to report. No news = no upward move.
Now that the divy has been paid the shorts can pile on. No one wants to be short before the dividend is paid but now, GAME ON.