ConocoPhillips (COP)
ConocoPhillips closes $22.5 billion deal for Marathon Oil
U.S. shale oil producer ConocoPhillips said on Friday it has completed the $22.5 billion deal to acquire smaller peer Marathon Oil.
ConocoPhillips: Stock Buybacks, Growth And 7% Earnings Yield
ConocoPhillips reported better-than-expected Q3 earnings, despite a 20% decline in adjusted earnings. The acquisition of Marathon Oil is boosting COP's production, adding 2B barrels of resources, and is expected to result in a significant ramp in stock buybacks going forward. ConocoPhillips generated $1.8B in free cash flow in Q3, returning $2.1B to shareholders through dividends and buybacks.
These Top Oil Stocks Are Handing Their Investors a Lot of Cash, With Even More Expected to Flow to Shareholders in 2025 and Beyond
These Top Oil Stocks Are Handing Their Investors a Lot of Cash, With Even More Expected to Flow to Shareholders in 2025 and Beyond
3 Stocks With Special Dividends: Big Payouts for Savvy Investors
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.
Oil Stocks Rise as Trump Prepares to Return to Presidency
U.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.
My Top Upstream Oil and Gas Dividend Stock to Buy in November (and It's Not Even Close)
ConocoPhillips remains an excellent value in the oil patch.
These High-Yielding Energy Dividend Stocks Continue to Deliver High-Octane Growth
These energy stocks offer high yielding payouts that they're growing at high rates.
Marathon Oil and ConocoPhillips' $22.5B Deal Sparks Major Layoffs
As COP is all set to acquire MRO, a major layoff of about 500 employees is announced in Houston to reduce costs and improve performance.
Fueled by a Needle-Moving Acquisition, This Oil Stock Is Boosting Its Dividend by 34% and Plans to Buy Back $20 Billion of Its Stock
ConocoPhillips is very optimistic about what's ahead.
ConocoPhillips-Marathon Synergy Will Boost Free Cash Flow And Stock Buyback: Analyst
Analysts expressed views on ConocoPhillips' COP mixed third-quarter results.
ConocoPhillips (COP) Q3 2024 Earnings Call Transcript
ConocoPhillips (NYSE:COP ) Q3 2024 Earnings Conference Call October 31, 2024 12:00 PM ET Company Particiapants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman and CEO Bill Bullock - Executive Vice President and Chief Financial Officer Andy O'Brien - SVP of Strategy, Commercial Sustainability and Technology Nick Olds - Executive Vice President of Lower 48 Kirk Johnson - Senior Vice President of Global Operations Conference Call Participants Neil Mehta - Goldman Sachs Doug Leggate - Wolf Research Steve Richardson - Evercore ISI Devin McDermott - Morgan Stanley Arun Jayaram - JPMorgan Lloyd Byrne - Jefferies Betty Jiang - Barclays Bob Brackett - Bernstein Ryan Todd - Piper Sandler Roger Read - Wells Fargo Scott Hanold - RBC Capital Markets Neal Dingmann - Truist Josh Silverstein - UBS Alastair Syme - Citi Kalei Akamine - Bank of America Charles Meade - Johnson Rice Paul Cheng - Scotiabank Kevin MacCurdy - Pickering Energy Partners Phillips Johnston - Capital One Securities Leo Mariani - ROTH Operator Welcome to the Third Quarter 2024 ConocoPhillips Earnings Conference Call. My name is Liz and I will be your operator for today's call.
ConocoPhillips (COP) Q3 Earnings Surpass Estimates
ConocoPhillips (COP) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $2.16 per share a year ago.
