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ConocoPhillips (COP.N)

COP.N on New York Stock Exchange

28 Jul 2017
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$0.98 (+2.19%)
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Latest Key Developments (Source: Significant Developments)

ConocoPhillips sees 'strong' U.S. shale output in Q4
Thursday, 27 Jul 2017 01:06pm EDT 

July 27 (Reuters) - ConocoPhillips ::Says shale development will be biggest contributor to production growth in next few years.Says no slowdown in pace of improvements to shale oil production efficiency.Says costs across its global portfolio, on average, are falling.Says has seen a 'stable' sand cost this year.Says does not believe will see a 'significant degradation of operating cash flow' at $50/barrel oil price.Says about half of 2018 capex will be 'fairly flexible' and able to be cut if oil prices fall.ConocoPhillips says if Alaska changes tax structure, would re-evaluate spending plans in state.Says expects 'pretty strong production' from U.S. shale operations in Q4.  Full Article

ConocoPhillips sets quarterly dividend of $0.265 per share
Wednesday, 12 Jul 2017 12:30pm EDT 

July 12 (Reuters) - ConocoPhillips ::Sets quarterly dividend of $0.265 per share.ConocoPhillips announces quarterly dividend.  Full Article

ConocoPhillips to recognize non-cash impairment of about $0.4 billion after tax in Q2
Thursday, 29 Jun 2017 07:58am EDT 

June 29 (Reuters) - Conocophillips :Conocophillips-As result of barnet assets sale, to recognize non-cash impairment of about $0.6 billion pre-tax, about $0.4 billion after tax, in q2-sec filing.  Full Article

ConocoPhillips revises Q2 production guidance
Thursday, 18 May 2017 02:52pm EDT 

May 18 (Reuters) - ConocoPhillips :ConocoPhillips says revised its second-quarter production guidance to 1,365 to 1,405 thousand barrels of oil equivalent per day - SEC filing.  Full Article

Cenovus says completed purchase of ConocoPhillips Canada assets
Wednesday, 17 May 2017 05:00pm EDT 

May 17 (Reuters) - Cenovus Energy Inc :Says completed acquisition of ConocoPhillips <<>> western Canadian assets.  Full Article

Soros Fund Management takes share stake in Citigroup, McDonalds
Monday, 15 May 2017 05:40pm EDT 

May 15 (Reuters) - Soros Fund Management :Soros Fund Management takes share stake of 109,800 shares in Citigroup Inc - sec filing.Soros Fund Management takes share stake of 402,500 shares in Conocophillips.Soros Fund Management takes share stake of 6,200 shares in International Business Machines.Soros Fund Management takes share stake of 2,000 shares in McDonalds Corp.Soros Fund Management - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.Source text for quarter ended March 31, 2017 (http://bit.ly/2pQ4JVX) .Source text for quarter ended Dec. 31, 2016: (http://bit.ly/2lHSLju) .  Full Article

Conocophillips sets quarterly dividend of $0.265 per share
Friday, 5 May 2017 12:00pm EDT 

May 5 (Reuters) - Conocophillips :Conocophillips sets quarterly dividend of $0.265per share.Conocophillips announces quarterly dividend.  Full Article

ConocoPhillips says revised Q1 earnings to $0.6 bln, or $0.47 per share
Thursday, 4 May 2017 04:30pm EDT 

May 4 (Reuters) - ConocoPhillips :ConocoPhillips provides update to first-quarter 2017 results based on subsequent partner disclosures and information.Q1 loss per share $0.14 excluding items.Q1 earnings per share $0.47.Q1 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.ConocoPhillips - revised first-quarter 2017 earnings were $0.6 billion, or $0.47 per share.ConocoPhillips - revising full-year guidance for dry hole expense to $400 million, which results in adjusted dry hole and leasehold impairment expense of $450 million.ConocoPhillips - special items for current quarter were primarily driven by a financial tax accounting benefit.ConocoPhillips - excluding special items, first-quarter 2017 adjusted earnings were a loss of $0.2 billion, or $0.14 per share.  Full Article

ConocoPhillips Q1 loss per share $0.02 excluding items
Tuesday, 2 May 2017 07:00am EDT 

May 2 (Reuters) - Conocophillips :Conocophillips reports first-quarter 2017 results; on track to deliver 2017 operating plan and accelerate value proposition.Q1 earnings per share $0.62.Conocophillips- second-quarter 2017 production is expected to be 1,495 to 1,535 mboed.Q1 loss per share $0.02 excluding items.Q1 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Production excluding libya for q1 2017 was 1,584 mboed, up 6 mboed versus same period a year ago.Says company's full-year guidance items, excluding impacts from canada and san juan basin dispositions, are unchanged.Q1 2017 total realized price was $36.18 per barrel of oil equivalent (boe), versus $22.94 per boe in q1 of 2016.Excluding net impact from dispositions of 36 mboed and reduced downtime of 18 mboed, q1 production increased 24 mboed, or 2%.Q1 total revenue and other income $7.77 billion versus $5.02 billion.Q1 revenue view $7.42 billion -- Thomson Reuters I/B/E/S.  Full Article

No vote on Conocophillips deal because confidentiality -Cenovus
Wednesday, 26 Apr 2017 04:57pm EDT 

April 26 (Reuters) - Cenovus Energy Inc :Says has ability to cut deep basin spending to focus on oil sands.Chief Executive Brian Ferguson says new deep basin gas assets could be 'crown jewel' and 'absolutely core'.Chair Michael Grandin, asked why no shareholder vote on ConocoPhillips deal, says 'once in a lifetime' deal needed confidentiality.  Full Article


ConocoPhillips trims capex after posting quarterly loss

HOUSTON ConocoPhillips cut its 2017 capital spending by 4 percent on Thursday, the latest U.S. oil and natural gas producer to do so in reaction to depressed crude prices.