ConocoPhillips Company Profile (NYSE:COP)

ConocoPhillips trades on the New York Stock Exchange (NYSE) under the ticker symbol "COP."

ConocoPhillips announced a quarterly dividend on Friday, October 6th. Shareholders of record on Monday, October 16th will be paid a dividend of $0.265 per share on Friday, December 1st. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Friday, October 13th. View ConocoPhillips' Dividend History.

ConocoPhillips announced that its board has initiated a share repurchase program on Friday, April 7th 2017, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

ConocoPhillips (NYSE:COP) released its quarterly earnings data on Thursday, July, 27th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.02) by $0.16. The company had revenue of $8.88 billion for the quarter, compared to analysts' expectations of $6.74 billion. ConocoPhillips had a negative return on equity of 2.86% and a negative net margin of 12.29%. During the same period last year, the firm earned ($0.79) EPS. View ConocoPhillips' Earnings History.

ConocoPhillips is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for ConocoPhillips.

22 brokerages have issued twelve-month price targets for ConocoPhillips' stock. Their forecasts range from $42.00 to $65.00. On average, they anticipate ConocoPhillips' share price to reach $54.31 in the next year. View Analyst Ratings for ConocoPhillips.

Here are some recent quotes from research analysts about ConocoPhillips stock:

• 1. According to Zacks Investment Research, "Being a firm in the exploration and production industry, ConocoPhillips’ profitability has expectedly been hit by this weakly priced oil and gas market. As a result, the company’s revenue has been decreasing at a CAGR of 33.8% over the last three years. We are concerned about the company’s escalating debt levels. It is to be noted that at the end of second-quarter 2017, ConocoPhillips had only $7.5 billion in cash and cash equivalents, while its debt had climbed to $23.5 billion. Moreover, the company’s cash flow is expected to remain tight even after the capital-expenditure reductions. Hence, we do not see any improvement in the company’s upstream operations unless there’s a recovery in commodity prices." (10/10/2017)
• 2. Credit Suisse Group analysts commented, "However, there are pure plays delivering 15+ percent pa multiyear cash flow growth from a deep shale inventory that [has] also sold off unfairly. The competition is fierce," (3/30/2017)

Some companies that are related to ConocoPhillips include CNOOC Limited (CEO), EOG Resources (EOG), Occidental Petroleum Corporation (OXY), Canadian Natural Resources Limited (CNQ), Williams Partners LP (WPZ), Anadarko Petroleum Corporation (APC), Pioneer Natural Resources Company (PXD), Concho Resources (CXO), Devon Energy Corporation (DVN), Apache Corporation (APA), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil Corporation (MRO), Cabot Oil & Gas Corporation (COG), Encana Corp (ECA), EQT Corporation (EQT), Cimarex Energy Co (XEC) and Diamondback Energy (FANG).

ConocoPhillips' management team includes the folowing people:

• Ryan Michael Lance, Chairman of the Board, Chief Executive Officer
• Donald Evert Wallette Jr., Chief Financial Officer, Executive Vice President - Finance, Commercial
• Matthew J. Fox, Executive Vice President - Strategy, Exploration and Technology
• Alan J. Hirshberg, Executive Vice President - Production, Drilling and Projects
• Janet L. Carrig, Senior Vice President - Legal, General Counsel, Corporate Secretary
• Andrew D. Lundquist, Senior Vice President - Government Affairs
• Glenda Mae Schwarz, Vice President, Controller
• Ellen R. DeSanctis, Vice President - Investor Relations and Communications
• James D. McMorran, Vice President - Human Resources, Real Estate and Facilities Services
• Caroline Maury Devine, Director

ConocoPhillips' stock is owned by many different of institutional and retail investors. Top institutional investors include Rockefeller Financial Services Inc. (0.14%), Shell Asset Management Co. (0.03%), Robeco Institutional Asset Management B.V. (0.01%), Assenagon Asset Management S.A. (0.01%), Mutual of America Capital Management LLC (0.01%) and Park National Corp OH (0.01%). Company insiders that own ConocoPhillips stock include Arjun N Murti, Ellen Desanctis, James D Mcmorran and Jeffrey Wayne Sheets. View Institutional Ownership Trends for ConocoPhillips.

ConocoPhillips' stock was sold by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC, Inverness Counsel LLC NY, Rockefeller Financial Services Inc., Meeder Asset Management Inc., Arrow Financial Corp, Park National Corp OH, Sumitomo Life Insurance Co. and Private Asset Management Inc.. View Insider Buying and Selling for ConocoPhillips.

ConocoPhillips' stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Shell Asset Management Co., Robeco Institutional Asset Management B.V., Alpha Windward LLC, Quantitative Systematic Strategies LLC, Founders Capital Management, Lincoln Capital Corp and First National Bank of Hutchinson. Company insiders that have bought ConocoPhillips stock in the last two years include Arjun N Murti and Ellen Desanctis. View Insider Buying and Selling for ConocoPhillips.

Shares of ConocoPhillips can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ConocoPhillips stock can currently be purchased for approximately $50.25.