API report released after market close showed a 10.23 million barrel draw down in storage. Oil up big after hours.
Hope none of you relied on Yahoo Finance Historical data for the dividend date . They just posted it as being on July 20, 4 days early just like the last one posted on May 11 when the actual qualification date was May 15. Whoever supplies Yahoo their data is trying to screw the public. The dividend date is reported as a news item on Yahoo Finance for COP yet they turn right around and allow it to be posted incorrectly.
Anyone know COP's interest in Oasis Petroleum of Libya. At one time COP, MPC and HES were operating partners of OAS with OAS owning 51% and the three US companies sharing 49%. When COP reports earnings they exclude OAS but OAS revenues have been greatly improving versus last year.
predictions on price target after ER? Saw a post that it will have less debt and trending that way from the last 4 quarters.
COP showing a 5% decrease on short squeeze.com.
EIA report showed over 7 million barrel draw .
CVE up almost7% today. COP owns a bunch of it.
Looking for an entry for next leg up. Looking for breakout at 44.80. Target: 52.33 at stoxline.
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.
So oil kept rising all day, but COP came down. #$%$?
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.
Debit to Equity Ratio highest of all the majors. This stock should be trading in the $25 to $30.00 range. BP is a better buy less risk. I expect COP will see a big plunge this week. First step will be $38.00 then down into the $32.00 range.
I hope all you 43.50 and 45 dollar put buyers enjoy all them puts you bought in the last 2 days.......
When will management start paying shareholders a decent dividend?
dividend 26.5/share...same as before...
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.
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.