Marathon Oil shareholders vote in favor of $16 bln ConocoPhillips deal
Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips , the company said.
ConocoPhillips Taps Raptor Data for Plug & Abandonment Work
COP has awarded a contract to Aberdeen-based Raptor Data for plug and abandonment work in Norway's Greater Ekofisk area, utilizing advanced technology.
Energy Payday: ConocoPhillips' Blueprint For Dividend Investors
ConocoPhillips is a top pick in the energy sector, boasting strong production growth and a robust asset portfolio in key regions. The Marathon Oil acquisition is expected to boost cash flow, enhance asset base, and drive a 34% dividend increase and accelerated share buybacks. COP's strong balance sheet, low debt ratio, and disciplined capital allocation support continued dividend growth and potential market-beating returns.
One Bond Market Yardstick Is Flashing a Warning. These Are the Stocks to Own.
Historically, when short-term bond rates track higher than long-term rates, a recession is on its way.
Here's Why Hold Strategy is Apt for ConocoPhillips (COP) Now
Favorable oil price is aiding ConocoPhillips' (COP) bottom line. However, the stock is exposed to commodity price volatility.
ConocoPhillips (COP) is Attracting Investor Attention: Here is What You Should Know
ConocoPhillips (COP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
3 Stocks Sitting at One-Year Lows That You Should Snap Up Now
While it's become a popular theme to buy when others are fearful, it's not necessarily the best approach to follow blindly. That goes for stocks at one-year lows.
This Oil Stock is a Cash-Gushing (and Returning) Machine
ConocoPhillips continues to produce strong cash flow. The oil giant aims to return at least $9 billion in cash to shareholders this year.
ConocoPhillips (COP) Q2 2024 Earnings Call Transcript
ConocoPhillips. (NYSE:COP ) Q2 2024 Earnings Conference Call August 1, 2024 12:00 PM ET Company Participants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman & Chief Executive Officer William Bullock - Executive Vice President & Chief Financial Officer Andrew O'Brien - Senior Vice President of Strategy, Commercial Sustainability & Technology Nicholas Olds - Executive Vice President, Lower 48 Kirk Johnson - Senior Vice President, Global Operations Conference Call Participants Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Scott Hanold - RBC Capital Markets Betty Jiang - Barclays Stephen Richardson - Evercore ISI John Royall - JPMorgan Roger Read - Wells Fargo Ryan Todd - Piper Sandler Neal Dingmann - Truist Leo Mariani - ROTH Kalei Akamine - Bank of America Bob Brackett - Bernstein Research Kevin MacCurdy - Pickering Energy Partners Paul Cheng - Scotiabank Joshua Silverstein - UBS Operator Welcome to the Second Quarter 2024 ConocoPhillips Earnings Conference Call.
ConocoPhillips Reports Record Production, Says $22.5B Marathon Deal on Track
ConocoPhillips (COP) on Thursday reported second-quarter results below analysts' expectations and narrowed its full-year production outlook.
ConocoPhillips (COP) Q2 Earnings Miss, Revenues Increase Y/Y
ConocoPhillips (COP) reports lower-than-expected Q2 earnings, primarily due to increased total costs and expenses. This is somewhat counterbalanced by higher oil equivalent production volumes and elevated average realized oil equivalent prices.
ConocoPhillips increases dividend, narrows production guidance
Exploration and production company ConocoPhillips (NYSE:COP, ETR:YCP) tightened its third-quarter production guidance in today's second-quarter earnings print. The Houston-based group now forecasts between 1.87 and 1.91 million barrels of oil equivalent per day (MMBOED), with full-year production of around 1.93 to 1.94 MMBOED, adjusted from prior guidance of 1.91 to 1.95 MMBOED.
