Wall Street expects a year-over-year decline in earnings on lower revenues when ConocoPhillips (COP) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 3 ...

WTI crude oil has been remarkably quiet for the past year. While the cost of a barrel is 18% cheaper than it was this time 12 months ago, the price chart reveals a consolidation pattern. Some pundits have suggested that the pastFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrativ ...

ConocoPhillips could deliver a high-octane income stream.ExxonMobil (XOM 0.38%) is among the dividend elite, having increased its payout for more than 40 straight years. The company currently offers a yield of over 3%, which is more than double the S&P 500. With more growth ahead, it's an excellent option for dividend investors. While ExxonMobil is the top dog in the oil patch, rival ConocoPhillips (COP -0.92%) is no slouch. It pays a competitive dividend (a forward yield of nearly 3%) that it expects to in ...

ConocoPhillips (NYSE: COP ) is a multinational hydrocarbon exploration and production company. Having operations in 15 countries and a strong assets portfolio, COP is poised to increase its operations with acquisitions like Marathon Oil. COP stock has not seen a significantI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-te ...

JPMorgan's Arun Jayaram just initiated coverage of ConocoPhillips COP with a Neutral rating and a price target of $126, down from the previous target of $139. The change reflects Jayaram's cautious outlook on oil fundamentals as a host of geopolitical and market uncertainties loom, but there's no denying ConocoPhillips' defensive prowess, as the company prepares for potential upside surprises.While oil prices face potential downside pressure — due to factors like the Israel-Iran conflict, the U.S. election, ...

Rising oil prices, driven by escalating geopolitical tensions in the Middle East, are fueling a renewed push in the upstream sector. The fear of significant disruptions to global oil supply, exacerbated by recent developments such as the Israeli strikes on Iranian-linked assets in Syria, intensified concerns over the stability of production in the region.This propelled crude oil prices upward, with further support coming from the production cuts implemented by the Organization of the Petroleum Exporting Cou ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

ConocoPhillips COP shares closed higher on Tuesday. Shares of energy companies traded higher during the session as tensions in the Middle East heightened. Some investors may be eyeing potential gains from ConocoPhillips' dividends. As of now, the crude oil producer offers an annual dividend yield of 2.85%. That's a quarterly dividend of 78 cents per share ($3.12 a year). To figure out how to earn $500 monthly from ConocoPhillips, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take th ...

Heightened tensions in the Middle East caused the market to fall, but oil and defense stocks to rise. Shares of oil and gas majors ExxonMobil (XOM 2.29%) and Conoco Phillips (COP 3.50%), as well as defense contractor Lockheed Martin (LMT 2.83%), rallied on Tuesday, up 2.8%, 4.2%, and 3.5%, respectively, as of 1:17 p.m. ET, even as the broader indices were down between 1% and 2% at that time. Fortunately for their shareholders, but unfortunately for other sectors and the world, these critical companies saw t ...

The three largest U.S. oil companies — Exxon Mobil Corporation (XOM) , Chevron Corporation (CVX) and ConocoPhillips (COP) — revealed that they collectively paid more than $42 billion to foreign governments in 2023, about eight times the amount paid in the United States, per a Reuters report. These revelations are a direct result of a new Securities and Exchange Commission (“SEC”) regulation that required transparency in payments made to foreign governments for the first time. Currently, these stocks carry a ...