Big draw down in oil and gasoline stocks just reported. High demand for energy. We could be closer to a balanced oil market than most predicted. It appears to be happening sooner than most folks thought possible. Good for COP.
This would be a sweet deal if this happened. COP @ 60 if it did... but not hopeful.
Exxon Mobil (NYSE:XOM) is the oil company with the best balance sheet and financials, which poises the company to make acquisitions in times when oil prices (and thus also the prices of related assets and other oil companies) are low. ConocoPhillips (NYSE:COP) could be an acquisition target, in this article I'll look at the benefits of such a deal and possible financing.
When will management start paying shareholders a decent dividend?
I do not see how the stock will go up in price until COP can afford to increase their dividend. The market is rewarding companies that increase the dividend.
dividend 26.5/share...same as before...
Yawn!!! Up $2 down $2, up $1.80 down $2, up $1.56 down $1.80. Ridiculous....would somebody PLEASE buy this SOON! I am in this for the long term waiting for dividend increase and a move up. But getting bored, what do they say its like "watching grass grow or paint to dry".
Oil's up albeit slightly, major competitors up, market up 133 points, energy sector up .76%, and this turd STILL in the red! Doesn't speak highly as to what investors think about this company.
Good price at $43
Being an analyst is one of the easiest jobs there is! All you have to do is wait for a stock to go way up, then you give it a Buy rating. If it goes way down you give it a Sell rating. Any price in-between is insignificant because you will change it once the stock goes way up or down. Now that COP is down, expect the downgrades to come flooding in. It would have been too hard to downgrade it in the $50-$55 range! Don't worry though, it will get upgraded again when the price hits $60.
This stock more paynful den my hemmeroids
CIT Debt Load and Profit Price Points make this a $35.00 Stock. BP better dividend less debt.. Way overvalued more pain ahead for COP holders. GE and BHGI same thing going much lower.
this stock could be worth 150 in 10 years
They really should change the stock symbol from COP to POS!
COP CEO earns 52 millions BP CEO earns 12 millions pound 4 times diff
If S.Korea is going to buy more American LNG, it will come from Alaska, as Trump mentioned. Good for XOM, COP.
COP and oil shows momentum. I like the torque and 300% upside potential of Baytex Energy. Even it's oil output price is hedged. Last quarter already showing profit in the low oil price period. Any net new development of oil are the beneficiary.
Here we are as I predicted a month ago when we were at $50, we will hit $43 then $40. If these levels are realized, reluctantly I will bite to more to position and wait for the announcement to increase dividend. ONLY way this stock moves back to $50. I do not see analysts assumptions of $59 in the near future, maybe 3 years from now or when acquired.
rumor that XOM may in talks to buy COP for $55
This the most manipulated stock on the market. No wonder Millennials are staying clear from it. Only 2 posts on this board in 1 week. Wow!