ConocoPhillips Aktie News

ConocoPhillips is rated a Buy, offering strong growth potential via major projects and recent Marathon Oil acquisition synergies. COP is adapting to lower oil prices with significant cost cuts, reduced CapEx guidance, and a major workforce reduction to preserve cash flow. Dividend yield is moderate, while buybacks are potentially unsustainable if oil prices remain low, with past precedent for d...

Chevron is one of the largest integrated energy companies on the planet, with exposure to the entire energy value chain. ConocoPhillips is a large independent energy producer, operating only in the upstream segment of the energy industry.

ConocoPhillips has built a durable portfolio backed by a rock-solid balance sheet. The oil company expects a trio of catalysts to add up to $7 billion in incremental annual free cash flow by 2029.

U.S. oil producer ConocoPhillips will begin layoffs at its Canadian operations in the first week of November, according to a memo seen by Reuters on Thursday.

ConocoPhillips' low-cost operations in Texas generate lots of cash flow. The energy company is investing heavily to grow its LNG business, including owning a stake in Port Arthur LNG.

The past year has not been kind to the shares of ConocoPhillips (COP -1.08%). The share price has fallen around 22% or so, which is twice the drop of the broader energy sector, using Energy Select SPDR ETF (XLE -1.21%) as an industry proxy.

Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand.

The S&P 500 index, a popular benchmark used to measure U.S. large-cap stocks, has risen 12.7% over the last year through Oct. 10.