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ConocoPhillips (COP)


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45.35+0.30 (+0.67%)
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  • Let's see. The market is approaching record highs. Oil is above $ 51. Analysts rate COP - 6 "strong buy", 11 "buy", 7 "hold". COP is still at multi-year lows and trending lower. I have waited too long to dump this dog. I believe it will eventually rise, but it will not be fully valued until the CEO and Board of Directors is replaced.
  • Would love to see COP hit 50
  • Out of all the majors.. COP getting crushed the HARDEST... go figure! We might see 38 again boys...
  • $43 then $40 very soon? I do not feel it is warranted. I do not get it, stock jumped to $51+ when they sold off asset at significant prices. Oil prices are shaky but not something we have not been dealing with for years. COP is still ahead of their goals to buy back shares and pay down debt and hopefully in the future raise dividend again. COP claimed last earning call they can make money at these barrel price levels.
    I think we drop and then we will need to wait until next earnings for something to maybe get back to a $48-$50 range.
  • Warren Buffett owns COP, but buying airline stocks to hedge his commodity stocks. Time to load up COP today. Way too cheap now.
  • Credit Suisse upgraded CVE to outperform. Remember COP now owns 208 million shares of CVE. Every point increase of CVE means 208 million for COP with no expenses A 5 point increase in CVE means over a billion profit for COP according to my calcs.
  • FireWallDown; What is your opinion on shareholders voting 68% against executive pay increase? Do you think management understands shareholders are not happy with stock performance and dividend cut? Thank you for your opinion.
  • Current management is way overpaid, for years it was working for the investors, now its working to make the upper 15% rich. No accountability for the waste and graft ( under the table) while 100 millions for contractors are paid and then % paid back to unaccountable employees.
  • As of May 19, 24 analysts provided recommendations on ConocoPhillips (COP) including six "strong buy," 11 "buy," and seven "hold" recommendations.
  • In the short-term COP does not seem to be like a good trade. I started receiving notifications from awesom-eSTOCKS the other week and so far they have presented interesting new trade ideas.
  • $50 Oil and ABOVE -COP is a "BUY"!----ConocoPhillips' plan is the cash flow it can produce from its current portfolio at $50 Brent oil, which it set as the break-even level. After adjusting for its two most recent asset sales, the company anticipates that it can generate about $6.2 billion in operating cash flow this year at that oil price. ConocoPhillips' first priority for that capital is investing what's necessary to keep production flat -- currently less than $5 billion per year -- and paying a sustainable dividend, which has a run rate of about $1.3 billion per year. Any excess cash generated would then go toward its next priorities in the following order: annual dividend growth, reducing debt, repurchasing shares, and investing in high-return projects that deliver modest production growth.
  • Would you know how many COP!s shares that Cop Co. would buy back ? Thanks. Fat
  • Two Dozen Analysts give input on COP--As of May 12, 2017, 24 analysts are providing recommendations for ConocoPhillips (COP). These recommendations include six “strong buy” ratings, 11 “buy” ratings, and seven “hold” ratings. There are no “sell” or “strong sell” recommendations for the stock.
  • From EARNINGS CALL_ 5/2/17-->>>Year-over-year, adjusted earnings improved nearly $1.2 billion. The biggest driver was a 58% improvement in realized prices, but we also benefited from the actions we've been taking to improve our cost structure.

    Sequentially, adjusted earnings improved about $300 million. The benefit came primarily from improved realizations and lower cost. One way to think about this quarter is that with $54 Brent on an adjusted basis, we were very close to being profitable. A year or so ago, we would have needed oil prices in the mid-$60s. That's how much improvement we've made, and those improvements also drive cash flow.
  • COP GOOD NEWS!- Consistent with our cash allocation priorities, we grew the dividend 6%, we paid off $800 million of debt, and we repurchased 2.2 million shares. In total, we've announced over $16 billion of dispositions, along with our intent to use a significant portion of the cash proceeds for debt reduction and share buybacks. These strategic actions mean we've not only accelerated the 3-year plan we laid out in November into less than 1 year, but greatly exceeded it. We are on track to close the Canada transaction this quarter and the San Juan Basin transaction in the third quarter, so we are making rapid progress on our transformation.
  • I hope Saudis and Russia can push through an oil production cut until 2018. some folks are saying this could put oil in $60 to $70 range. I think a dividend increase is the key to the stock price breaking out much higher. Good luck folks.
  • COP_Quarterly Div. ANNOUNCED!: ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 26.5 cents per share, payable June 1, 2017, to stockholders of record at the close of business on May 15, 2017.

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    About ConocoPhillips

    ConocoPhillips is the world's largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $88 billion of total assets, and approximately 13,100 employees as of March 31, 2017. Production excluding Libya averaged 1,584 MBOED for the three months ended March 31, 2017, and proved reserves were 6.4 billion BOE as of Dec. 31, 2016.
  • not worth more then $37.00 be a long. way overvalued here for a company that without a sale was still losing money.
  • Some recent articles indicate companies are not being rewarded for buybacks but are rewarded for dividends. I wonder if COP will push for dividends instead of buybacks. They stated that they are planning a $6 billion share buyback. I hope they are not misreading the market. Good luck folks.
  • COP Performance:--Wells Fargo's Roger Read doesn't understand what the fuss is all about:

    Given over $16 billion of asset sales announced in March and April, Q1 2017 earnings feel anticlimactic, thus we do not expect much follow through post release. The EPS miss versus our/consensus estimates could be a minor negative, but both production and operating cash flow exceeded our expectations while full year production guidance was unchanged. The cash flow beat came in spite of a much larger negative deferred tax impact, which speaks to underlying performance of COP. Share repurchases were a bit lighter than we expected, but debt repayment was larger, which we will call a wash.