COP - ConocoPhillips
| Previous Close | 60.01 |
| Open | 60.48 |
| Bid | 59.70 x 900 |
| Ask | 0.00 x 800 |
| Day's Range | 59.75 - 60.69 |
| 52 Week Range | 50.13 - 80.24 |
| Volume | 5,978,612 |
| Avg. Volume | 6,500,521 |
| Market Cap | 66.575B |
| Beta (3Y Monthly) | 0.80 |
| PE Ratio (TTM) | 9.67 |
| EPS (TTM) | 6.20 |
| Earnings Date | Oct 29, 2019 |
| Forward Dividend & Yield | 1.22 (2.03%) |
| Ex-Dividend Date | 2019-07-19 |
| 1y Target Est | 74.32 |
- Zacks
Crude Prices Drop Amid Surprise Growth in U.S. Stockpiles
Crude traded below $60 a barrel as investors also weighed the prospect of an earlier-than-expected recovery in state-run Saudi Aramco's affected production.
- Kiplinger
7 ‘Strong Buy’ Oil Stocks to Buy Now
Oil stocks have been put through the volatility wringer of late.On Sept. 14, drones attacked a key processing facility in Abqaiq as well as an oil field in Khurais, temporarily knocking out about 5.7 million barrels of Saudi daily production. That represents half of Saudi Arabia's output and approximately 5% of global oil supply, so unsurprisingly, the news sent U.S. crude oil prices soaring by almost 15% on Sept. 16 - the largest gain in more than 30 years.But a day later, oil pulled back nearly 6% following Saudi Energy Minister Prince Abdulaziz bin Salman's announcement that the country's oil production will be back at normal levels by the end of September. Crude closed another 2% lower Sept. 18.Was this merely a quick flash in the pan for energy investors? Maybe. But heightened regional tensions still could bode well for oil prices in the coming months. And Citi analysts argue that the attacks highlight a fundamental problem for the kingdom's oil production. "No matter whether it takes Saudi Arabia five days or a lot longer to get oil back into production, there is but one rational takeaway from this weekend's drone attacks on the Kingdom's infrastructure - that infrastructure is highly vulnerable to attack, and the market has been persistently mispricing oil," they write.Here are seven analyst-loved oil stocks to buy in this volatile energy environment. Here, we've used TipRanks' stock screener to find energy stocks that have earned a Strong Buy consensus rating from the analyst community over the past three months. We'll examine each one, including price targets and what the pros are saying about their potential. SEE ALSO: 25 Dividend Stocks That Analysts Love the Most
- American City Business Journals
Chevron-backed Seattle startup scores breakthrough deal with Toyota
A new factory in Houston will boost production of Modumetal's rust-busting coatings for fasteners used in the oil and gas sector. The companies are also eyeing expansion to the construction and automotive markets.
- Zacks
The Zacks Analyst Blog Highlights: Chevron, Walmart, ConocoPhillips, TransDigm and Phillips 66 Partners
The Zacks Analyst Blog Highlights: Chevron, Walmart, ConocoPhillips, TransDigm and Phillips 66 Partners
- Barrons.com
ConocoPhillips Could be the Best Oil Stock to Ride Out Recent Volatility
Investors’ fears about its oil inventory are misplaced, UBS analyst Lloyd Byrne said. “The Eagle Ford can sustain growth for the next decade plus, while the Bakken can sustain flat production for a decade plus.”
- Zacks
Top Research Reports for Chevron, Walmart & ConocoPhillips
Top Research Reports for Chevron, Walmart & ConocoPhillips
- Zacks
ConocoPhillips (COP) Looks Good: Stock Adds 9.1% in Session
ConocoPhillips (COP) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- Zacks
ConocoPhillips (COP) Gains As Market Dips: What You Should Know
ConocoPhillips (COP) closed at $57.34 in the latest trading session, marking a +1.76% move from the prior day.
- Zacks
U.S. Oil Ends Lower Even as EIA Reveals Drop in Inventories
While EIA reports the fourth straight weekly inventory decline, crude prices fall after OPEC cut its forecast for oil demand growth this year and next.
- Zacks
Should You Invest in the iShares U.S. Oil & Gas Exploration & Production ETF (IEO)?
Sector ETF report for IEO
- Simply Wall St.
ConocoPhillips (NYSE:COP) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- Motley Fool
This Oil Company Is Pounding the Table That Its Stock Is Cheap
Concho Resources is selling assets so that it can start buying back a big chunk of its stock.
- Reuters
UPDATE 1-World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation -document
A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropriation of its assets to $8.5 billion, according to a decision dated Aug. 29 posted online. The new award will represent savings of $200 million from the first award in April, Venezuelan opposition leader Juan Guaido's overseas legal representative said on Twitter on Monday. A ConocoPhillips spokesman said the rectification lowered the award by $227 million and that the company "does not challenge" the action.
- GuruFocus.com
52-Week Company Lows
Details the 52-week lows of the following companies: Altria Group, ConocoPhillips, Simon Property Group, Bank of New York Mellon, Occidental Petroleum and Carnival Corp Continue reading...
- Oilprice.com
China Eyes Stake In Southeast Asia’s Newest Oil Frontier
East Timor is looking to real in some serious upstream investment from China in order to develop its potentially $50 billion in oil & gas reserves
- Motley Fool
This Oil Company Believes Its Stock Is a Screaming Buy (and It’s Not Alone)
Pioneer Natural Resources plans to stick to its strategy of aggressively repurchasing shares.
- Reuters
ConocoPhillips updates East Timor contracts for Bayu Undan gas
Liquefied natural gas producer ConocoPhillips announced new production sharing contracts with East Timor for the ageing Bayu Undan gas field on Saturday, following the implementation of a new maritime border with Australia. The gas condensate deposit in the Timor Sea, 250 km (155 miles) south of East Timor and 500 km (311 miles) north of Australia, now falls within the small Pacific nation's jurisdiction, after it ratified the Maritime Boundary Treaty on Friday.
- Zacks
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, ConocoPhillips, Valero Energy and Marathon Petroleum
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, ConocoPhillips, Valero Energy and Marathon Petroleum
- Zacks
Oil Rises After EIA Reports Bullish Surprise on All Fronts
The decline in oil inventories was the largest in the U.S.in five weeks, and came in tandem with a fall in gasoline and distillate supplies.
- Zacks
Stock Market News for Aug 29, 2019
Benchmarks closed in the green on Wednesday led by gain in energy and financial stocks.
- Zacks
ConocoPhillips (COP) Down 12.1% Since Last Earnings Report: Can It Rebound?
ConocoPhillips (COP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Motley Fool
Is ConocoPhillips Ready for a Rebound?
A paradigm shift in the energy sector favors ConocoPhillips for long-term shareholder value.
- Yahoo Finance Video
Saudi Aramco replaces chair ahead of expected IPO
Saudi Aramco, the state-run oil conglomerate of Saudi Arabia, has replaced its chairman as it gears up for an IPO after plans to go public faltered last year. Aramco has named Public Investment Fund head Yasir Al-Rumayyan, a known ally and a key adviser of Crown Prince Mohammed Bin Salman.
