COP - ConocoPhillips
| Previous Close | 65.21 |
| Open | 65.59 |
| Bid | 0.00 x 1400 |
| Ask | 0.00 x 800 |
| Day's Range | 65.38 - 66.44 |
| 52 Week Range | 48.97 - 80.24 |
| Volume | 7,993,579 |
| Avg. Volume | 6,233,545 |
| Market Cap | 76.12B |
| Beta (3Y Monthly) | 1.51 |
| PE Ratio (TTM) | 13.10 |
| EPS (TTM) | 5.05 |
| Earnings Date | Jan 30, 2019 - Feb 4, 2019 |
| Forward Dividend & Yield | 1.22 (1.83%) |
| Ex-Dividend Date | 2018-10-12 |
| 1y Target Est | 82.79 |
- Bloomberg•13 hours ago
Ineos in Talks to Buy Conoco's U.K. Assets, Times Says
The U.S. explorer plans to invite bids by the end of the year for the assets, which would include what’s left of its holding in the Clair Field, Bloomberg News first reported last week. The oil major on Sunday said the negotiations with Ineos won’t include its Teesside or London assets, and declined to comment any further. HSBC Holdings Plc and Citigroup Inc. are poised to provide financing, the newspaper said.
- Financial Times•yesterday
[$$] Ineos in exclusive talks with ConocoPhillips for North Sea assets
to acquire its assets in the North Sea. The potential deal, which has a price tag of more than $3bn according to industry sources, could transform Sir Jim Ratcliffe’s company into a major operator in North Sea oil and gas production, building on other acquisitions and its ownership of infrastructure, refineries and chemical plants fed by the basin. People familiar with the sale process said Ineos had paid ConocoPhillips a “substantial” deposit to give it exclusivity over the talks for three months, fearing competition from other buyers including private equity companies that have a growing role in the North Sea.
- Reuters•yesterday
Ineos in talks to buy Conoco North Sea assets - Sunday Times
British petrochemicals company Ineos is in exclusive talks with ConocoPhillips (COP.N) to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company, the Sunday Times newspaper reported, without citing sources. Reuters reported in May that ConocoPhillips was preparing to sell North Sea assets in order to focus on shale gas production in the United States, and earlier this week Bloomberg said the oil major aimed to sell $3 billion of assets by the year's end. The Sunday Times report said that Ineos, owned by Britain's richest man, Jim Ratcliffe, had paid a deposit in return for three months' exclusivity on the potential purchase.
- Reuters•yesterday
UK's Ineos in talks to buy Conoco N.Sea assets - Sunday Times
British petrochemicals company Ineos is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company, the Sunday Times newspaper reported, without citing sources. Reuters reported in May that ConocoPhillips was preparing to sell North Sea assets in order to focus on shale gas production in the United States, and earlier this week Bloomberg said the oil major aimed to sell $3 billion of assets by the year's end. The Sunday Times report said that Ineos, owned by Britain's richest man, Jim Ratcliffe, had paid a deposit in return for three months' exclusivity on the potential purchase.
- Motley Fool•2 days ago
Better Buy: Albemarle Corporation vs. ConocoPhillips
Albemarle and ConocoPhillips represent two sides of an industry trend. Which one you choose depends on how you see things changing from here.
- Rigzone.com•3 days ago
ConocoPhillips Marketing UK Assets
ConocoPhillips is marketing its UK assets after receiving an unsolicited offer.
- Barrons.com•3 days ago
Natural-Gas Prices Are Falling After a Record High
STOCKSTOWATCHTODAY BLOG Natural-gas bulls and crude-oil bulls will likely be at odds. It’s not a mere coincidence that gas futures prices climbed sky-high just as crude futures were free-falling. Natural-gas futures for December delivery have declined sharply Thursday, after climbing 18% on Wednesday, the largest one-day percentage gains since September 2004.
- InvestorPlace•3 days ago
3 Pros, Cons of ConocoPhillips Stock
ConocoPhillips (NYSE:COP) is one of the leading exploration and production (E&P) and distribution (pipelines) firms in the U.S. Six months ago, that would have been enough to signal a huge buy recommendation in COP stock.
- Simply Wall St.•4 days ago
What To Know Before Buying ConocoPhillips (NYSE:COP) For Its Dividend
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Historically, ConocoPhillips (NYSE:COP) has been paying a Read More...
- Zacks•4 days ago
ConocoPhillips May Divest Remaining Stake in North Sea Asset
ConocoPhillips (COP) intends to divest its remaining stakes in matured resources in the North Sea.
- Bloomberg•4 days ago
Conoco Plans to Start North Sea Asset Sale by Year End
The assets, which would include what’s left of its holding in the Clair Field, are likely to draw interest from private equity-backed companies investing in the North Sea and from rival energy firms, the people said, declining to be identified as the deliberations are confidential. "ConocoPhillips is marketing its UK assets after receiving an unsolicited offer," a representative for Conoco said in a statement. "If offers do not meet the company’s expectations for value, ConocoPhillips will retain the assets.
- Zacks•4 days ago
ConocoPhillips (COP) Gains As Market Dips: What You Should Know
In the latest trading session, ConocoPhillips (COP) closed at $64.12, marking a +0.63% move from the previous day.
InvestorPlace•4 days ago5 Energy Titans Getting Smashed
Crude oil was smashed lower for the 12th consecutive session on Tuesday. West Texas Intermediate lost 7.1%, returning to levels not seen since November. One of the largest energy stocks, Halliburton (NYSE:HAL) fell 5.5% to return to early 2016 levels.
- Barrons.com•4 days ago
The 5 Non-Oil Stocks Most Exposed to Oil’s Crash
Norfolk Southern, Emerson Electric and LyondellBasell are among the non-energy companies with relatively high correlations to the price of oil.
- Investor's Business Daily•5 days ago
Oil Giants Are Circling This Mostly Undeveloped, Prime Permian Land
Exxon Mobil, Chevron, ConocoPhillips and Royal Dutch Shell are reportedly interested in buying Endeavor Energy Resources, a Permian Basin acreage holder.
InvestorPlace•5 days ago5 Must-See Stock Charts for Wednesday: Oil’s Slippery Slope
Since we can’t speak for the Fed, let’s look at the former as part of our must-see stock charts. It also cut right though what many would have suspected as decent support, particularly given that oil is down for 12 straight sessions. After a pretty darn good earnings report, Exxon Mobil (NYSE:XOM) finds itself caught up in a tough selloff thanks to oil prices.
Market Realist•5 days agoConocoPhillips’ Free Cash Flow Has Strengthened in 2018
ConocoPhillips (COP) has strengthened its FCF (free cash flow) in the past one year. On a quarterly basis, COP’s FCF grew by 34.8% in Q3 2018. The rise in oil prices contributed to the rise in COP’s free cash flow. In part one, we discussed the impact of oil prices on COP’s earnings.
Market Realist•5 days agoA Look at ConocoPhillips’ Operational Metrics
ConocoPhillips (COP) has shifted its production mix more to an oil-weighted portfolio in the past few quarters. COP’s total natural gas production has fallen 6.4% from Q3 2017. In fact, compared to Q2 2017, its natural gas production has recorded a fall of 22%. In this period, COP’s natural gas volume in the lower 48 states has almost been cut in half. However, crude oil production from this region has risen ~34% since the second quarter of 2017.
Market Realist•5 days agoWill ConocoPhillips Continue to Deliver amid Oil’s Turbulence?
As of November 12, Brent crude oil active futures had fallen 18.3% from their almost four-year closing high of $86.29 per barrel on October 3. However, so far in Q4 2018, Brent crude oil active futures have averaged ~4% higher on a quarter-over-quarter basis. If oil prices trade within a downside limit of ~4% from current levels, with almost half of the period left in Q4 2018, ConocoPhillips (COP) might achieve analysts’ consensus estimate, which is two cents lower than adjusted EPS last quarter. COP has an oil-weighted portfolio of 58%. ...
Markit•6 days agoSee what the IHS Markit Score report has to say about ConocoPhillips.
ConocoPhillips NYSE:COP
- Motley Fool•6 days ago
OPEC to the Oil Market: We Told You So
The group of oil-producing nations warned the market that it was worried about the wrong thing.
- Motley Fool•7 days ago
3 Top Energy Stocks to Buy in November
October was tough for many energy stocks. Here are some top picks for this month.
- InvestorPlace•7 days ago
The Micron Stock Cycle Is Easier to Understand Than You Might Think
Micron (NASDAQ:MU) stock has recovered somewhat from a drop in NAND and now DRAM memory prices. Falling demand wiped out almost half of the value of Micron stock despite rock-bottom price-to-earnings (PE) ratios. More recently, it has recovered somewhat amid a more general stock price recovery.
- Reuters•10 days ago
Norwegian oil, gas plants restart after tanker and frigate collision
"We are working on stabilising the vessel," Norwegian Navy Counter-Admiral Nils Andreas Stensoenes told a news conference, adding that the eight injured were all Navy crew. Police and the national Accident Investigation Board were investigating the accident, which took place at 0326 GMT. The tanker had left Equinor's (EQNR.OL) Sture oil shipment terminal with a cargo of crude, and the facility was shut for several hours on Thursday as a result.
