ConocoPhillips(COP)

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My Top Upstream Oil and Gas Dividend Stock to Buy in November (and It's Not Even Close)
The Motley Fool· 2024-11-06 10:24
ConocoPhillips remains an excellent value in the oil patch.There are many ways to invest in oil and gas, from upstream exploration and production (E&P) companies to midstream pipeline and infrastructure players, to downstream marketing and refining companies, to integrated majors that operate across the value chain.The upstream side of the industry tends to be the most sensitive to changes in oil and gas prices. With oil prices near the lowest level in a year, even top E&Ps like ConocoPhillips (COP 0.32%) a ...
These High-Yielding Energy Dividend Stocks Continue to Deliver High-Octane Growth
The Motley Fool· 2024-11-05 11:08
These energy stocks offer high yielding payouts that they're growing at high rates.Higher-yielding stocks tend to grow slower. That's usually because they don't retain as much cash to fuel their growth.However, that's not always the case. ConocoPhillips (COP 0.95%) and MPLX (MPLX 0.25%) provide investors with the best of both worlds. They pay high-yielding dividends that they're growing rapidly, meaning these energy stocks should have the fuel to produce high-octane total returns in the future. Acquisition- ...
Marathon Oil and ConocoPhillips' $22.5B Deal Sparks Major Layoffs
ZACKS· 2024-11-04 11:40
Following the planned acquisition of Marathon Oil Corporation (MRO) in the recent past by ConocoPhillips (COP) , the former has now announced a major layoff from its Houston facility affecting about 500 employees. The company has filed a Worker Adjustment & Retraining Notification with the Texas Workforce Commission.The company further indicated that the job status of the affected employees would be notified within a month of the close of the merger. While some of the employees will be retrained for transit ...
Fueled by a Needle-Moving Acquisition, This Oil Stock Is Boosting Its Dividend by 34% and Plans to Buy Back $20 Billion of Its Stock
The Motley Fool· 2024-11-03 11:27
ConocoPhillips is very optimistic about what's ahead.ConocoPhillips (COP -1.55%) is firing on all cylinders these days. The oil giant's legacy business is performing extremely well. Meanwhile, the company is about to get a big boost from closing its needle-moving acquisition of Marathon Oil (MRO -1.55%). Those factors are giving the oil stock the confidence to return a lot more cash to its shareholders. It's boosting its dividend and share repurchase program.Drilling down into ConocoPhillips' third-quarter ...
ConocoPhillips-Marathon Synergy Will Boost Free Cash Flow And Stock Buyback: Analyst
Benzinga· 2024-11-01 18:02
Analysts expressed views on ConocoPhillips' COP mixed third-quarter results. On Thursday, ConocoPhillips reported an adjusted EPS of $1.78, beating estimates; revenue of $13.6 billion vs. $14 billion expected. The company boosted its quarterly dividend by 34% to $0.78/share. The company raised the outlook for FY24 production to 1.94-1.95 MMBOED (from 1.93 to 1.94 MMBOED). Truist Securities analyst Neal Dingmann expects pro forma FCF to rise substantially due to strong organic performance and additional cash ...
ConocoPhillips(COP) - 2024 Q3 - Earnings Call Transcript
2024-10-31 19:00
ConocoPhillips (NYSE:COP) Q3 2024 Earnings Conference Call October 31, 2024 12:00 PM ET Company Particiapants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman and CEO Bill Bullock - Executive Vice President and Chief Financial Officer Andy O’Brien - SVP of Strategy, Commercial Sustainability and Technology Nick Olds - Executive Vice President of Lower 48 Kirk Johnson - Senior Vice President of Global Operations Conference Call Participants Neil Mehta - Goldman Sachs Doug Leggate - Wolf ...
ConocoPhillips(COP) - 2024 Q3 - Quarterly Report
2024-10-31 17:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission file number: 001-32395 ConocoPhillips (Exact name of registrant as specified in its charter) Delawar ...
ConocoPhillips (COP) Q3 Earnings Surpass Estimates
ZACKS· 2024-10-31 13:16
ConocoPhillips (COP) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $2.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.95%. A quarter ago, it was expected that this energy company would post earnings of $2.06 per share when it actually produced earnings of $1.98, delivering a surprise of -3.88%.Over the last four quarters, the comp ...
ConocoPhillips(COP) - 2024 Q3 - Quarterly Results
2024-10-31 12:04
Third-Quarter 2024 Detailed Supplemental Information Exhibit 99.2 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------|----------------------|-------------------|--------------------|-----------|-------------|-----------|-----------|------------------------------|-----------| | | 1st Qtr | 2nd Qtr | 2023 \n3rd Qtr | 4th Qtr | Full Year | 1st Qtr | 2nd Qtr | 2024 \n3rd Qtr 4th Qtr | YTD | | $ Million ...
What's in the Cards for ConocoPhillips Stock This Earnings Season?
ZACKS· 2024-10-25 13:20
ConocoPhillips (COP) is set to report third-quarter 2024 results on Oct. 31, before the opening bell.In the last reported quarter, the leading upstream energy player’s adjusted earnings of $1.98 per share missed the Zacks Consensus Estimate of $2.06 due to increased total costs and expenses.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company beat on earnings in three of the trailing four quarters and missed once, delivering an average surprise of 4.85%. This is depicted in the ...