ConocoPhillips (COP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Recently, Zacks.com users have been paying close attention to ConocoPhillips (COP). This makes it worthwhile to examine what the stock has in store.
ConocoPhillips delivers strong FCF, posting $2.5B in the quarter and an 8% FCF yield, supporting robust shareholder returns. COP's production reaches 2.4 million barrels/day, hitting the high end of guidance and enabling an 8% dividend increase to a 3.2% yield. Major growth projects—Willow ($8.5–9B) and PALNG—are advancing, with Willow online by 2029 and LNG expansion targeting 10 MTPA by 2032.
Libya will sign a 25-year oil development agreement on Saturday with France's TotalEnergies and U.S.-based ConocoPhillips, involving more than $20 billion in foreign-financed investment and aimed at boosting production capacity by up to 850,000 barrels per day, Prime Minister Abdulhamid al-Dbeibah said.
ConocoPhillips (COP) closed the most recent trading day at $98.35, moving +1.52% from the previous trading session.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
ConocoPhillips's raised FY2025 production guidance and FY2026 guidance growth trigger exposure to oversupply-driven Brent pricing pressure, with the US EIA expecting $56 pricing in 2026, down from $69 in 2025. However, its upstream operations are likely to remain resilient, thanks to the improved capital efficiency and the expanded free cash flow generation. COP maintains strong shareholder returns via aggressive share repurchases and the recently raised dividend payouts, aided by the healthy balance sheet.
Trump is urging oil companies to dive back into Latin America, but for ConocoPhillips, “the bar's likely higher.”
ConocoPhillips (COP) remains a 'buy' as its unique asset profile and efficiency gains position it for substantial free cash flow growth through 2029. COP targets $12–12.5 billion free cash flow by 2029 at ~$65 oil, driven by project completions, LNG growth, and cost cuts. Despite Willow cost overruns and Venezuela claim uncertainty, COP's balance sheet strength supports robust capital returns and dividend growth.
ConocoPhillips (COP) reached $95.5 at the closing of the latest trading day, reflecting a -2.06% change compared to its last close.
The removal of Maduro and potential U.S. involvement could revamp Venezuela's struggling oil sector, making it easier for U.S. oil companies to do business in the country. Venezuela is believed to have around 300 billion barrels of oil reserves.
The CEOs ExxonMobil and ConocoPhillips told President Donald Trump that Venezuela will need big changes to attract investment. Exxon CEO Darren Woods said Venezuela is "uninvestable" in the country's current state.