|Bid||960.00 x 100|
|Ask||0.00 x 200|
|Day's Range||954.60 - 954.60|
|52 Week Range||735.00 - 1,091.70|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Nov.08 -- Ryan Lance, ConocoPhillips chairman and chief executive officer, discusses the company's business plan and oil prices with Bloomberg's Alix Steel on "What'd You Miss?"
Wednesday's vote in the Senate Energy Committee to approve language to allow oil exploration in ANWR is just one of many recent signs that Alaska's oil and gas industry is once again on the upswing, and will play a major role in President Trump's pursuit of American Energy Dominance.
ConocoPhillips (COP) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
Canadian oil producer Cenovus Energy Inc has put a package of some of its Deep Basin gas assets up for sale, the company's new chief executive said on Wednesday, adding that Cenovus was looking to reduce costs in the long term. "If there's anything that I might put a slight twist on strategy, it's going to be re-emphasizing the focus on bottom line, profitability and returning value," Alex Pourbaix said in his first news media briefing since taking charge last week. Cenovus has raised just under C$4 billion ($3.1 billion) of a targeted C$4 billion to C$5 billion to pay down debt incurred in buying some of ConocoPhillips' Canadian assets in March, as foreign oil majors retreated from the country.
The Zacks Analyst Blog Highlights: TOTAL S.A., Andeavor, Encana, ConocoPhillips and Noble Energy
As of October 31, 2017, ConocoPhillips's (COP) short interest stood at ~26.17 million, while its average daily volume is ~5.72 million.
U.S. stock indexes fell on Tuesday as General Electric shares plunged for a second straight day and a drop in crude oil prices hit energy stocks. Energy was the largest decliner among the 11 S&P 500 sectors as oil prices fell the most in a month. The International Energy Agency forecast rising U.S. crude output and had a gloomy outlook for global demand growth.
As of November 10, 2017, ConocoPhillips (COP) had an implied volatility of 22.1%, which is higher than its implied volatility of 21.5% at the end of 3Q17.
For the week ending November 10, ConocoPhillips stock showed a correlation of ~75% with crude oil. Movements in crude oil influenced ConocoPhillips stock.
The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, TOTAL S.A., ConocoPhillips and Repsol SA
Canada's Cenovus Energy Inc has reached a deal to sell its Weyburn oil facility for C$940 million ($738.53 million), the company said on Monday, completing its main divesture plans. Weyburn, to be sold to the western Canadian energy company Whitecap Resources Inc, is the last of four main assets for which Cenovus has reached agreements to sell to pay down debt incurred in the C$16.8 billion acquisition of ConocoPhillips assets this year. The sale of Cenovus's majority interest in Weyburn would bring its asset sale proceeds to just under C$4 billion, compared with its target of C$4 billion to C$5 billion in asset sales.
The energy giant’s annual capital expenditures are expected to average $5.5 billion per year for 2018 through 2020, according to a release about the meeting . ConocoPhillips also aims to reduce debt to $15 billion in 2019, down from a target of less than $20 billion by year-end 2017, per a Nov. 8 presentation . “Total share buybacks of $7.5 billion and debt reduction to $15 billion will represent a 20 percent decrease in debt-adjusted share count by year-end 2020,” ConocoPhillips said in its press release.
A market capitalization of USD $63.98B puts ConocoPhillips (NYSE:COP) in the basket of stocks categorized as large-caps. These stocks draw significant attention from the investing community due to its sizeRead More...
ConocoPhillips (COP.N) said on Wednesday it will boost oil and natural gas output for the rest of the decade but vowed it would do so only when it was financially prudent and that it would strictly adhere to shareholder returns. The largest U.S. independent oil and natural gas producer plans to spend an average of $5.5 billion annually for the next three years as long as oil prices (CLc1) stay above $50 per barrel. "Our value proposition is not built around production growth.
ConocoPhillips said on Wednesday it will boost oil and natural gas output for the rest of the decade but vowed it would do so only when it was financially prudent and that it would strictly adhere to shareholder returns. The largest U.S. independent oil and natural gas producer plans to spend an average of $5.5 billion annually for the next three years as long as oil prices stay above $50 per barrel. "Our value proposition is not built around production growth.
ConocoPhillips said it'll invest $5.5 billion in capital projects each year for the rest of the decade as long as oil prices stay above $50 per barrel. It's the latest move in a pivot to profit in favor ...
ConocoPhillips has sent a clear signal to global energy markets: For all the recent talk of caution among U.S. drillers, the industry’s still in growth mode.