ConocoPhillips (COP)
ConocoPhillips' Merger With Marathon Oil Offers Synergies (Rating Upgrade)
ConocoPhillips, a $123 billion market cap company, successfully completed its acquisition of the much smaller Marathon Oil. It has an investor-friendly capital return program with a 3.3% dividend, and large share repurchases. Pro forma post-acquisition annual cost savings are estimated at $500 million, while asset disposition is expected to total another $2 billion.
COP's Valuation Looks Attractive: Is it Time to Buy the Stock?
While the undervaluation of ConocoPhillips stock presents an investment opportunity, investors might prefer to wait until some uncertainties are addressed.
US Oil Imports Set for Multidecade Low in 2025: Who Benefits?
The fall in oil import volumes in 2025 is expected to create opportunities for upstream players like EOG and COP, as well as midstream firms like KMI and ENB.
3 Top Oil Stocks to Buy Before 2024 Is Over
Oil prices bounced around quite a bit in 2024. They rallied more than 20% at one point -- topping $85 per barrel -- before cooling off toward the end of the year.
JPMorgan Bets On Natural Gas For 2025: Upgrades ConocoPhillips, Lowers 3 Energy Stocks
While shale oil producers have enjoyed an advantage over gas producers over the past 15 years, the situation is likely to reverse in 2025, according to JPMorgan.
With Their Needle-Moving Acquisitions Now Closed, These 2 Top Oil Stocks Look Like Great Buys for 2025
A consolidation wave has washed over the oil patch this year. Several oil companies secured needle-moving acquisitions, including ConocoPhillips (COP -2.03%) and Devon Energy (DVN -0.90%).
ConocoPhillips Acquires Marathon Oil to Bring Over $1B in Synergies
COP's acquisition of Marathon Oil will transform the framework of the oil and energy sector with a $1 billion synergy target.
Is ConocoPhillips a Millionaire Maker?
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.
These Oil Stocks Are Delivering High-Octane Dividend Growth
These Oil Stocks Are Delivering High-Octane Dividend Growth
Here's Why Hold Strategy is Apt for ConocoPhillips Stock Now
Favorable oil prices are aiding COP's bottom line. However, the stock is exposed to commodity price volatility.
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.
