ConocoPhillips Stock News

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE: TPL) will replace Marathon Oil Corp. (NYSE: MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE: MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE: AESI) will replace Mueller Industries in the S&P SmallCap 600 effective p...

AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by November 2025 for top-ten F500IL dogs, with Energy Transfer as the standout “safer” choice. Eight F500IL stocks show negative free cash flow margins, making them unsafe buys; price drops or dividend inc...

ConocoPhillips reported better-than-expected Q3 earnings, despite a 20% decline in adjusted earnings. The acquisition of Marathon Oil is boosting COP's production, adding 2B barrels of resources, and is expected to result in a significant ramp in stock buybacks going forward. ConocoPhillips generated $1.8B in free cash flow in Q3, returning $2.1B to shareholders through dividends and buybacks.

The most important element of corporate stock buybacks is the reduction in the share count.

These Top Oil Stocks Are Handing Their Investors a Lot of Cash, With Even More Expected to Flow to Shareholders in 2025 and Beyond

Special dividends are an added potential benefit for shareholders in certain companies. These payments are separate from a stock's regular dividend, which is usually paid on a quarterly basis.

U.S. oil company stocks rose Wednesday, with former President Donald Trump, viewed as a big backer of increased oil supply, set to return to the White House.

ConocoPhillips remains an excellent value in the oil patch.