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Stock impact report

Analysts Think This Dividend Stock Is Headed for Big Payout Growth Ahead [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Not only does it continue to generate strong cash flow, with a strong focus on rewarding shareholders with buybacks and dividends, but it's also well-positioned for multi-year dividend compound annual growth. That's according to Wells Fargo analyst Sam Margolin, who argues that ConocoPhillips' cash flow and yield will improve thanks to multiple catalysts. This Is the Most Oversold Dividend Aristocrat Worth Buying Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! One of the key catalysts is the company's Willow Project in Alaska, which is expected to start in 2029 and deliver about 180,000 barrels of oil per day at its peak. That should help fuel $4 billion of free cash flow inflection by 2029 and serve as a major boost to the company. It's also targeting about $14 billion of free cash flow in a $70 oil price environment in 2029. Two, the analyst argu Show less Read more
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