ConocoPhillips (COP) recently completed the acquisition of Marathon Oil Corporation, which was initially announced in May, 2024. The acquisition will enhance its deep, durable and diverse portfolio aligned with its strict financial framework. It will bolster COP's high-quality inventory at low cost alongside its prominent U.S. unconventional assets. Financial Details of COP's Acquisition Per the terms of the acquisition deal, the shareholders of Marathon Oil would have the right to receive 0.255 shares of C ...

A lot of good things have happened at ConocoPhillips (COP -5.06%), but none of them matter much because of one overriding issue. If you are trying to build a million-dollar portfolio, this energy giant could help you get there. But you won't want to go all-in on this stock.Good things are happening at ConocoPhillipsAt the end of May 2024, ConocoPhillips announced that it was planning to buy Marathon Oil. The deal was fully consummated last week. From a big-picture perspective, that was pretty solid executio ...

The data on dividends is undeniable. Companies that pay dividends have outperformed non-payers by more than two-to-one over the last 50 years (9.2% average annual total return versus 4.3%), according to data from Ned Davis Research and Hartford Funds. Meanwhile, the highest returns have come from dividend growers (10.2%). Some companies do a better job of growing their dividends than others. ConocoPhillips (COP -0.13%), Diamondback Energy (FANG 1.42%), and EOG Resources (EOG 0.63%) have delivered high-octan ...

ConocoPhillips (COP) , a leading upstream energy firm in terms of production and reserves, is well-positioned to capitalize on handsome crude prices. Currently, the stock carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Factors Working in Favor of COPWest Texas Intermediate crude price, trading close to $70 per barrel, is highly favorable for upstream activities.COP secured a solid production outlook thanks to its decades of drilling inventories ...

ConocoPhillips (NYSE: COP ) reported better than expected third fiscal quarter earnings, but the company’s earnings picture nonetheless deteriorated, mainly due to lower average prices. The energy producer benefited from supportive price actions implemented by OPEC+ members in FY 2024 and theAnalyst’s Disclosure: I/we have a beneficial long position in the shares of XOM, CVX, COP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I a ...

Oil prices have bounced around quite a bit this year. West Texas Intermediate, the primary U.S. oil price benchmark, has traded as high as the mid-$80s and as low as the mid-$60s. While that's a wide range, it's a lucrative band for most producers. Many oil companies are generating a lot more cash than they need. That's enabling them to return a growing gusher of money to their shareholders. Here's a look at some oil stocks sending barrels of cash to their investors. Returning $9 billion in 2024, and even m ...

Special dividends are an added potential benefit for shareholders in certain companies. These payments are separate from a stock's regular dividend, which is usually paid on a quarterly basis. Special dividends happen irregularly and tend to be much larger than regular dividends. Due to this, they can provide a large temporary boost to the dividend yield investors earn from a stock. These payments often occur when a company's performance is particularly strong. By their nature, no one exactly knows when a c ...

KEY TAKEAWAYSU.S. oil company stocks rose Wednesday, with former President Donald Trump, viewed as a big backer of increased oil supply, set to return to the White House.Shares of ExxonMobil, Chevron, Diamondback Energy, ConocoPhillips, and Halliburton rose, among others.Crude futures edged lower as the prospects of increased supply weigh on an existing glut in oil and a weak outlook for demand, especially given China's slowing economy. U.S. oil company stocks rose Wednesday, with former President Donald Tr ...

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 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- ...