COP - ConocoPhillips Company
| Previous Close | 58.82 |
| Open | 58.87 |
| Bid | 58.56 x 1100 |
| Ask | 58.57 x 1000 |
| Day's Range | 58.18 - 59.10 |
| 52 Week Range | 50.13 - 71.01 |
| Volume | 4,204,529 |
| Avg. Volume | 6,290,500 |
| Market Cap | 63.595B |
| Beta (5Y Monthly) | 1.11 |
| PE Ratio (TTM) | 9.16 |
| EPS (TTM) | 6.40 |
| Earnings Date | Apr 27, 2020 - May 03, 2020 |
| Forward Dividend & Yield | 1.68 (2.86%) |
| Ex-Dividend Date | Feb 12, 2020 |
| 1y Target Est | 74.42 |
- Zacks
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Chevron
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Chevron
- Reuters
Woodside holds on to stake in Senegal oil field as FAR challenge fails
Woodside and FAR said on Friday an International Chamber of Commerce panel had ruled that FAR did not have a pre-emptive right to match the offer for the 35% stake in the Sangomar project that ConocoPhillips sold to Woodside in 2016 for just $350 million. FAR said it was reviewing the arbitration award.
- Barrons.com
The S&P 500 Just Had Its 11th Record Close in 2020. Here’s Why It Can Keep Rising.
With markets at record levels as fear over the coronavirus diminishes—for now—one optimist says stocks are only going higher. Stifel raised its target for the S&P 500 to 3450 from 3260 on Tuesday.
- Zacks
The Zacks Analyst Blog Highlights: TOTAL, BP, ConocoPhillips, Suncor Energy and National Oilwell Varco
The Zacks Analyst Blog Highlights: TOTAL, BP, ConocoPhillips, Suncor Energy and National Oilwell Varco
- Rigzone.com
ConocoPhillips Extends Bristow Contracts
This photo shows a Bristow S-92 aircraft on the ramp at ConocoPhillips' Ekofisk platform in the North Sea. PHOTO SOURCE: Bristow Group, Inc.
- Zacks
Oil & Gas Stock Roundup: TOTAL & BP Report Q4 Earnings
TOTAL (TOT) and BP plc (BP) both raised dividends.
- Barrons.com
Energy Stocks Might Finally Have Hit Bottom. It’s Time for Investors to Get In.
Already battered, the oil and gas stocks have been hit hard by coronavirus fears. With low valuations and high dividend yields, they look more appealing than they have in years. Chevron could be the best of a bruised bunch.
- Simply Wall St.
Should You Buy ConocoPhillips Company (NYSE:COP) For Its Upcoming Dividend In 3 Days?
ConocoPhillips Company (NYSE:COP) stock is about to trade ex-dividend in 3 days time. You will need to purchase shares...
- GuruFocus.com
T. Boone Pickens' BP Capital Adds 3 Energy Stocks to Portfolio
Firm of the late oil tycoon releases 4th-quarter trades Continue reading...
- Zacks
Artisan Partners, FedEx, ConocoPhillips, Valero and Marathon Oil highlighted as Zacks Bull and Bear of the Day
Artisan Partners, FedEx, ConocoPhillips, Valero and Marathon Oil highlighted as Zacks Bull and Bear of the Day
- Simply Wall St.
Here's What Analysts Are Forecasting For ConocoPhillips Company After Its Yearly Results
Last week saw the newest annual earnings release from ConocoPhillips Company (NYSE:COP), an important milestone in the...
- Zacks
Oil Gets a Lift from EIA Supply Data, Moves Back Above $50
The federal government's EIA report revealed that gasoline supplies fell after increasing for 12 straight weeks.
- Zacks
Retirees Should Know These 3 Facts About Required Minimum Distributions - February 06, 2020
Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.
- Simply Wall St.
Is ConocoPhillips Company (NYSE:COP) A Good Fit For Your Dividend Portfolio?
Could ConocoPhillips Company (NYSE:COP) be an attractive dividend share to own for the long haul? Investors are often...
- Thomson Reuters StreetEvents
Edited Transcript of COP earnings conference call or presentation 4-Feb-20 5:00pm GMT
Q4 2019 ConocoPhillips Earnings Call
- American City Business Journals
CEO: ConocoPhillips eyes further divestment in early 2020
Houston-based ConocoPhillips disposed of $3 billion of its assets in 2019, and it’s got more to come in the first part of 2020, according to the company’s top executive. The oil giant managed to produce $3 billion in disposition proceeds during 2019, ConocoPhillips CEO Ryan Lance said on the company’s year-end earnings conference call with investors.
- Oilprice.com
Can OPEC+ Rescue Oil Markets Once Again?
OPEC+ has managed to halt the oil price slide caused by Coronavirus demand fears, with the cartel now considering a 500,000 bpd cut to avoid a major oversupply crisis
- Reuters
Coronavirus to slow down demand growth, says ConocoPhillips
The company expects demand growth in 2020 to be lower by 100,000 to 200,000 barrels per day (bpd) from its earlier projection of 1 million bpd, Chief Executive Officer Ryan Lance said in a conference call with analysts. Lance expects build up in storage in the United States and in non-OPEC countries, which will put some pressure on oil prices. Oil prices fell to their lowest in more than a year on Monday, as the coronavirus outbreak curtailed Chinese demand and sparked potential supply cuts by OPEC and its allies.
- Bloomberg
Conoco Works to Boost Its Immune System
(Bloomberg Opinion) -- The relatively new mantra of value-over-volume in the oil business is facing its first serious popularity contest.ConocoPhillips’s fourth-quarter earnings missed expectations. The company also trimmed production guidance for 2020. At the same time, Conoco boosted its share buyback program by two thirds to $25 billion, with $3 billion due this year, following a 38% dividend increase announced in October.Investors seemed more focused on the former Tuesday morning, with Conoco one of only a few oil stocks in the red. Then again, down roughly 10% since year-end, it is also one of the better-performing oil stocks in what has been a dreadful start to 2020 for the sector. With that in mind, the cash-flow story should get more attention.Conoco laid out a 10-year plan in November best described as embracing the darkness. In place of the bullishness typical of the sector was a long discussion of how to survive in a world where oil stocks aren’t popular and price cycles are fleeting. In short, it now reads like a premonition of the month just gone. Hence, Conoco emphasized paying out more cash to investors and paying its way at lower energy prices.On that front, the latest results offer encouragement. Conoco covered capex, dividends and buybacks from operating cash flow in the fourth quarter. On a full-year basis, free cash flow was positive after dividends and only $532 million in the red after $3.5 billion of buybacks. Most importantly, Conoco managed to roughly balance all this, raising underlying production and shareholder payouts as well as replacing reserves, despite a 9.5% drop in average realized prices for its oil and gas.Underlying this is the reset in cash-flow priorities following early 2016’s dividend cut, shifting away from capex toward payouts.Conoco’s financial strategy doesn’t render it impervious to black swans. Besides the viral ones, there are more prosaic upsets such as the Malaysian pipeline outage that forced the cut in production guidance. Still, if immunity is to be found anywhere in this business these days, it lies in a good balance sheet and prioritizing payouts.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
ConocoPhillips (COP) Misses on Q4 Earnings, Boosts Buyback
ConocoPhillips (COP) adds $10 billion to its already existing share repurchase program, which brings the total authorization to $25 billion.
