It's looking like a kind of good news, bad news day for investors in oil stocks on Monday.On the good news side of the board, two big Wall Street banks -- Truist and Piper Sandler -- just raised their price targets on three of the nation's biggest oil companies: ExxonMobil (XOM -2.60%), Chevron (CVX -1.57%), and ConocoPhillips (COP -2.79%). At the same time, however, there's bad news on oil demand coming out of Saudi Arabia -- and that seems to be overwhelming the good news, driving down oil prices and oil ...

Jeremy Poland ConocoPhillips (NYSE:COP) is among the largest pure-play upstream oil companies in the world, with a market capitalization of more than $100 billion. The company recently made a final investment decision to invest in the Willow Project, a multi-billion dollar project, that'll eventually produce 600 million barrels of oil. As we'll see throughout this article, ConocoPhillips has strong growth prospects that make it a valuable investment. ConocoPhillips 3Q 2023 Highlights The company had a stron ...

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HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) announced today that it will move forward with development of the Willow project in Alaska. This Final Investment Decision approves the project and funds construction needed to reach first oil. The decision follows the Department of the Interior March 2023 Record of Decision and recent positive court orders, including this week’s Ninth Circuit Court of Appeals denial of plaintiffs’ request for an injunction. “We are excited to reach this significant mi ...

ToplineOil producer ConocoPhillips announced Friday it approved the construction funds for a $8 billion oil-drilling operation in Alaska known as Project Willow, a final investment decision that comes days after a federal appeals court rejected a bid from environmental and Alaska Native groups that sought to block the project’s construction.The project was approved by the U.S. Department of Interior in March. (Photo by Greg A. ... [+] Syverson/Getty Images)Getty Images Key FactsThe project was approved by t ...

MattGush/iStock Editorial via Getty Images ConocoPhillips (NYSE:COP) announced a 14% increase in its dividend rate in the third-quarter due to strong free cash flow and high prices for its core energy products. The energy firm is set to continue to benefit from high average prices in its business and investors can reasonably expect a significant return of cash through stock buybacks in FY 2024 as well. With OPEC+ members recently agreeing to extend their voluntary supply reductions into 2024, I believe Cono ...

Conocophillips (NYSE:COP) Q3 2023 Earnings Conference Call November 2, 2023 12:00 PM ET Company Participants Philip Gresh - VP, IR Ryan Lance - Chairman & CEO William Bullock - EVP & CFO Dominic Macklon - EVP, Strategy, Sustainability & Technology Nicholas Olds - EVP, Lower 48 Timothy Leach - Director & Advisor Andrew O’Brien - SVP, Global Operations Conference Call Participants Neal Dingmann - Truist Securities Stephen Richardson - Evercore ISI John Royall - JPMorgan Chase & Co. Doug Leggate - Bank of Amer ...

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, 2023 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 (NYSE:COP) Q2 2023 Earnings Conference Call August 3, 2023 12:00 PM ET Company Participants Philip Gresh - VP, IR Ryan Lance - Chairman & CEO William Bullock - EVP & CFO Dominic Macklon - EVP, Strategy, Sustainability & Technology Nicholas Olds - EVP, Lower 48 Andrew O’Brien - SVP, Global Operations Conference Call Participants Neil Mehta - Goldman Sachs Group Stephen Richardson - Evercore ISI Doug Leggate - Bank of America Merrill Lynch Devin McDermott - Morgan Stanley Sam Margolin - Wolfe R ...

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 June 30, 2023 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) Delaware 01- ...