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INX:COP, Jan 21, 04:50 UTC

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See what the IHS Markit Score report has to say about Visa Inc.

COP CAT +1 more COP CAT V

See what the IHS Markit Score report has to say about Visa Inc. MarkitJanuary 21, 2019, 1:06 PM GMT. Short interest is moderately high for V with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 17. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.

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Friday, January 18


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ConocoPhillips (COP) Shares Sold by Highland Capital Management LLC – Fairfield Current

COP

Highland Capital Management LLC decreased its holdings in shares of ConocoPhillips (NYSE:COP) by 19.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). Shares of COP stock opened at $67.06 on Friday. The energy producer reported $1.36 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.19. ValuEngine lowered ConocoPhillips from a “buy” rating to a “hold” rating in a report on Tuesday, October 23rd. Societe Generale reduced their price objective on ConocoPhillips from $85.00 to $73.00 and set a “buy” rating for the company in a report on Wednesday, December 19th.

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Thursday, January 17


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ConocoPhillips gets busy with Barossa gas push

COP

ConocoPhillips is nearing a decision on its choice of contractor to provide a subsea production system as it gets busy with the issue of which contractors will be responsible for the significant subsea elements of its Barossa gas project off northern Australia. It is understood the majors of this sector — Aker Solutions, GE-controlled Baker Hughes, TechnipFMC and OneSubsea — are in contention for a contract to supply christmas trees, wellheads, a control system, subsea well intervention system, manifolds and other structures. Pipeline-end terminations at either end of the gas export pipeline will allow for connection to a floating production, storage and offloading vessel and to the existing Bayu-Undan pipeline. As for the export pipeline, the 260-kilometre 26-inch carbon steel line will have a concrete coating for stability and mechanical protection. A semi-submersible rig will be required to drill, complete and flow six subsea production wells in water depths of between 240 metres and 260 metres.

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Wednesday, January 16


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Bluecrest Capital Management LTD Has Upped Conocophillips (COP) Holding by $10.48 Million as Stock Price Declined

COP

789.31 million shares or 1.47% less from 801.11 million shares in 2018Q2 were reported. Juncture Wealth Strategies Limited Liability Corp holds 0.45% of its portfolio in ConocoPhillips (NYSE:COP) for 11,000 shares. Tradewinds Capital Ltd Liability, a Washington-based fund reported 734 shares. Since August 22, 2018, it had 0 insider purchases, and 4 selling transactions for $20.77 million activity. Bluecrest Capital Management Ltd who had been investing in Conocophillips for a number of months, seems to be bullish on the $75.82B market cap company.

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Friday, January 11


News

Why ConocoPhillips Stock Rose More Than 10% in 2018

COP

Shares of the largest independent oil and gas exploration and production company (E&P) in the U.S., ConocoPhillips(NYSE: COP), rose 13.6% in 2018, according to data provided by S&P Global Market Intelligence. That handily beat the returns of the broader stock market; the S&P 500 fell 6.2% over the same time frame. The record-setting margins that some drillers enjoyed in the first three quarters as WTI Crude prices crept above $70/barrel and Brent Crude prices topped $80/barrel seemed likely to be decimated in Q4 as prices crashed. Its stock is still down from where it was five years ago before the big oil price slump of 2014-2017 began. And, like I said, it lost value in Q4 2018 like everyone else. But oil prices seem to have stabilized -- for now -- and Conoco has a solid plan to create value for its shareholders in 2019. If you're looking to invest in the oil and gas industry, now may be a good time to pick up some stock in this shareholder-friendly company at a discount.

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News

New Research Coverage Highlights Arthur J. Gallagher, Ultragenyx Pharmaceutical, Empire State Realty Trust, ConocoPhillips, Kilroy Realty, and NETGEAR — Consolidated Revenues, Company Growth, and Expectations for 2019

COP

The new research reports from Market Source Research, available for free download at the links above, examine Arthur J. Gallagher & Co. (AJG), Ultragenyx Pharmaceutical Inc. (RARE), Empire State Realty Trust, Inc. (ESRT), ConocoPhillips (COP), Kilroy Realty Corporation (KRC), and NETGEAR, Inc. (NTGR) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. Arthur J. Gallagher's Recent Financial Performance. For the three months ended September 30th, 2018 vs September 30th, 2017, Arthur J. Gallagher reported revenue of $1,778.50MM vs $1,593.70MM (up 11.60%) and analysts estimated basic earnings per share $0.70 vs $0.61 (up 14.75%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Arthur J. Gallagher reported revenue of $6,159.60MM vs $5,594.80MM (up 10.10%) and analysts estimated basic earnings per share $2.57 vs $2.33 (up 10.30%). The estimated EPS forecast for the next fiscal year is $3.98 and is expected to report on February 7th, 2019.

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Thursday, January 10


News

Jefferies Financial Group Weighs in on Welltower Inc’s FY2019 Earnings (WELL)

JEF COP +1 more JEF COP WELL

Jefferies Financial Group analyst O. Okusanya now expects that the real estate investment trust will post earnings of $4.27 per share for the year, up from their prior forecast of $4.26. 2,488,397 shares of the stock traded hands, compared to its average volume of 2,172,642. Welltower has a fifty-two week low of $49.58 and a fifty-two week high of $74.75. In other Welltower news, EVP Mercedes Kerr sold 4,342 shares of Welltower stock in a transaction dated Tuesday, December 11th.

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News

ConocoPhillips to Hold Fourth-Quarter Earnings Conference Call on Thursday, Jan. 31

COP

ConocoPhillips (COP) will host a conference call webcast on Thursday, Jan. 31, 2019 at 12:00 p.m. EST to discuss fourth-quarter and full-year 2018 financial and operating results. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. Production excluding Libya averaged 1,221 MBOED for the nine months ended Sept. 30, 2018, and proved reserves were 5.0 billion BOE as of Dec. 31, 2017. For more information, go to www.conocophillips.com. The actual results of operations can and will be affected by a variety of risks and other matters including, but not limited to changes in commodity prices; changes in expected levels of oil and gas reserves or production; operating hazards, drilling risks, unsuccessful exploratory activities; difficulties in developing new products and manufacturing processes; unexpected cost increases or technical difficulties in constructing, maintaining, or modifying company facilities; international monetary conditions and exchange rate fluctuations; changes in international trade relationships, including the imposition of trade restrictions or tariffs relating to crude oil, bitumen, natural gas, LNG, natural gas liquids and any materials or products (such as aluminum and steel) used in the operation of our business; our ability to collect payments when due under our settlement agreement with PDVSA; our ability to reach a definitive agreement with INEOS Oil and Gas on the terms disclosed, or at all; our ability to liquidate the common stock issued to us by Cenovus Energy Inc. at prices we deem acceptable, or at all; our ability to complete the sale of our announced dispositions or acquisitions on the timeline currently anticipated, if at all; the possibility that regulatory approvals for our announced dispositions or acquisitions will not be received on a timely basis, if at all, or that such approvals may require modification to the terms of our announced dispositions, acquisitions or our remaining business; business disruptions during or following our announced dispositions or acquisitions, including the diversion of management time and attention; the ability to deploy net proceeds from our announced dispositions in the manner and timeframe we currently anticipate, if at all; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets; and general domestic and international economic and political conditions; as well as changes in tax, environmental and other laws applicable to our business.

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Friday, January 04


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Moving Average Crossover Alert: ConocoPhillips

COP

Recently, the 50 Day Moving Average for COP broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 5.3% in the past four weeks. And with the recent moving average crossover, investors have to think that more unfavorable trading is ahead for COP stock. If that wasn’t enough, COP isn’t looking too great from an earnings estimate revision perspective either. It appears as though many analysts have been reducing their earnings expectations for the stock lately, which is usually not a good sign of things to come. Add this in to a similar move lower in the consensus estimate, and there is plenty of reason to be bearish here.

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Wednesday, December 26


News

ConocoPhillips only company in S&P's 500 Energy Index up for the year

COP

ConocoPhillips only company in S&P's 500 Energy Index up for the year. In a measure of how badly U.S. energy equities have fared this year, only one company in Standard and Poor’s 500 Energy Index has posted a year-to-date gain. ConocoPhillips is up 3.9 percent this year through Monday’s close, while the other 29 members of the index are in negative territory. Earlier this month, the company said it planned to buy back $3 billion of shares in 2019, bringing investor payouts, including dividends, to half its cash from operations if oil averages $50 a barrel (although Brent dipped below $50 on Wednesday for the first time since July 2017).

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