ConocoPhillips Suspends Share Repurchases, Slashes Spending and Production [The Motley Fool]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
conocophillips.com/investor-relations/investor-presentations
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Source: The Motley Fool
Matthew DiLallo(TMFmd9)Author BioMatthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on for the latest news and analysis of the energy and materials industries:Follow @matthewdilalloConocoPhillipsNYSE:COPearlier spending cuts, will save the company more than $ billion this year.The company's latest budget reduction will push its capital plan down to $. billion, which is % below its original estimate. It will reduce its activity levels all around the world, though the bulk of the spending cut will impact its North American operations. ConocoPhillips also expects to cut its operating costs by another 0%, bringing them down to $. billion.Image source: Getty Images.ConocoPhillips has also suspended its share repurchase program. The company initially expected to buy back $70 million in shares each quarter, which it reduced to $0 million
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COP
News
- BofA shifts energy ratings for 2026: COP cut, MGY upgraded [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips (NYSE:COP) had its "underperform" rating reaffirmed by analysts at Bank of America Corporation. They now have a $102.00 price target on the stock.MarketBeat
- Trump is sending funds from Venezuela oil to a bank in Qatar: report [Yahoo! Finance]Yahoo! Finance
- Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million [MSNBC.com]MSNBC.com
- Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million [CNBC]CNBC
COP
Earnings
- 11/6/25 - Beat
COP
Sec Filings
- 1/16/26 - Form 3/A
- 12/23/25 - Form 4
- 12/16/25 - Form 4
- COP's page on the SEC website