ConocoPhillips: Oil At $85, Buy Or Sell? [Seeking Alpha]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
conocophillips.com/investor-relations/investor-presentations
Company Research
Source: Seeking Alpha
The favorable operating environment is expected to result in a significant boost to ConocoPhillips' average petroleum prices in Q1'24. ConocoPhillips has potential for increased earnings and free cash flow, leading to potential stock buybacks and a higher variable rate of cash returns. The risk profile remains favorable ahead of Q1'24 earnings. ConocoPhillips's ( NYSE: COP ) shares have soared year-to-date, largely because the U.S. economy is expanding rapidly and OPEC+ members last month agreed to a new round of voluntary supply limitations that boosted petroleum prices to the $80+ per barrel price range. With improved operating conditions, production-focused energy companies like ConocoPhillips also have higher investment appeal for investors and are likely to boost their capital returns. I believe ConocoPhillips is headed for a very strong Q1'24 earnings release at the beginning of May and I continue to see a favorable risk profile, despite the strong increase in the company
Show less
Read more
Impact Snapshot
Event Time:
COP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COP alerts
High impacting ConocoPhillips news events
Weekly update
A roundup of the hottest topics
COP
News
- ConocoPhillips (NYSE:COP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips (COP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips Q1 2024 profit slumps more than 12% to $2.55bn [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips (COP) Q1 Earnings Beat on Higher Oil Volumes [Yahoo! Finance]Yahoo! Finance
- US law firm Mayer Brown to split from Hong Kong partnership [Reuters]Reuters
COP
Earnings
- 5/2/24 - Beat
COP
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 10-Q
- COP's page on the SEC website