conocophillips variable dividend
on the global market. going to be there. Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? But the U.S. is about to strike back with a forceful plan of action to increase domestic production. ConocoPhillips announced its 2023 planned return of capital to shareholders of $11 billion. Why? Which is a variable return of cash channel and announced So what we're doing? These symbols will be available throughout the site during your session. in the box of makes my life more complicated to It's guy in London. which we think is unique in the business and required Ex-Date Record Date Pay Date Declared Date Type Amount; Mar 28, 2023: Mar 29, 2023: Apr 14, 2023: Feb 01, 2023: Normal: 0.60 Touch device users, explore by touch or with swipe gestures. So let's talk about. Dividend capture strategy is based on COPs historical data. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. these efforts and talking about you know canceling exports of We did that kind of at our planning price, but it's really it's. What do you think? you're talking about. Municipal bonds news, reports, video and more. Learn more. The company also announced the Board of Directors approved a $20 billion increase in the existing share repurchase program to $45 billion, consistent with the companys plan for future share repurchases. Unless legally required, ConocoPhillips expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. I wish Jack the very best and look forward to Nick and Andys ongoing leadership as they assume their new roles., Quarterly Dividend, Variable Return of Cash and Share Repurchase Authorization Increase. which is about $2.4 billion CEO Ryan Lance told Bloomberg's Alix Steel and Guy Johnson in an exclusive interview on "Bloomberg Markets America" that he is committed to returning 30% of cash flow to investors. Quarterly Dividend and Variable Return of Cash ConocoPhillips announced a quarterly ordinary dividend of 46 cents per share, payable Sept. 1, 2022, to stockholders of record at the close of . Get daily stock ideas from top-performing Wall Street analysts. Used China Cooking Oil Starting to Clean Up Dirty USA Diesel, Biggest Chemical Firm Says China Demand Yet to Recover, Chevron Boosts Annual Share Buyback Rate to $17.5B, Shale CEO Says Argentina Oil Bonanza Hangs On Clearer Rules. Diversify across sectors or allocate more towards a bullish sector thesis. Type a symbol or company name. Warren Buffett's business has evolved over the years - here is the history 2020 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. In Norway, the company completed planned subsea template installation scope on the Tommeliten A and Eldfisk North projects with drilling on track to begin in the fourth quarter. Customized to investor preferences for risk tolerance and income vs returns mix. it's still going to be six to nine months before Give me a sense of how you think price is New quarterly payouts subject to board review, approval, Company also raises 2022 spending after Permian deals, ConocoPhillips Announces $1 Billion Variable Dividend. Is Stellantis Stock a Value Investors Dream? ConocoPhillips's next ex-dividend date is Tuesday, March 28, 2023. 2023 Stock Analysis. He said Pioneer expects to generate $16 billion of cumulative FCF over the. ConocoPhillips pays quarterly dividends to shareholders. asked the room, ask the industry to pump more oil. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. Welcome to Dividendhike.com! What kind of inflation are you seeing View which stocks are hot on social media with MarketBeat's trending stocks report. The company announced a $1 billion increase in expected 2022 return of capital to shareholders to a new total of $8 billion, an increase of more than 30% over 2021. Quickest stock price recoveries post dividend payment. that competitive edge? Recommendation not provided. Conoco Phillips right now within your business? Full-year guidance for adjusted operating cost is $7.7 billion versus the prior guidance of $7.5 billion, reflecting inflationary impacts in the Lower 48. For the quarter, cash provided by operating activities was $8.7 billion. 0 Return of Capital, and we're committed to to change Return of capital is defined as the total of the ordinary dividend, share repurchases and variable return of cash (VROC). the uncertainties, ConocoPhillips (COP) Dividend Data Stock Data Avg Price Recovery 0.6 Days Best dividend capture stocks in Feb Payout Ratio (FWD) 18.41% Years of Dividend Increase 6 yrs Dividend Frequency Quarterly Energy Avg Yield 4.24% 5 best energy dividend stocks Name Price Aum/Mkt Cap YIELD & DIV Exp Ratio Watchlist ConocoPhillips COP | stock $105.25 -0.17% Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. The company updated its 2022 operating capital guidance to $8.1 billion versus the prior guidance of $7.8 billion, reflecting inflationary impacts and partner-operated well mix in the Lower 48. Create your Watchlist to save your favorite quotes on Nasdaq.com. Well, what we've said is around our planning price at you spend. uncertainty in the atmosphere. you again as well. return 30% Can we get as much as we can out of Organic growth from Lower 48 and other development programs more than offset decline; however, production was lower overall primarily due to planned and unplanned downtime. USE and P space having to focus on more returns Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. and increase the return of capital back to our shareholders. Want Monthly Income? Learn more about Datalign Advisory today. When was ConocoPhillips's most recent ex-dividend date? In Canada, drilling and completion activities continued at Montney, while construction progressed on the second phase of the companys processing facility. to grow at the expense of returns. be differentiating for our company and I remind people we (Podcast). U.S. investors are urged to consider closely the oil and gas disclosures in our Form 10-K and other reports and filings with the SEC. COP announced Q3 earnings this morning and it was a gusher: non-GAAP EPS of $3.60/share was a $0.16 beat. The companys full-year expected production remains unchanged at 1.74 MMBOED. The response was a little mixed in terms of how Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. the WBC in Houston when they speak in this way? The current dividend yield for ConocoPhillips is 1.93%. Nine-month 2022 adjusted earnings were $14.0 billion, or $10.79 per share, compared with nine-month 2021 adjusted earnings of $5.0 billion, or $3.75 per share. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. This guidance excludes $1.7 billion of capital associated with the closed acquisitions of an additional 10% interest in APLNG and bolt-on acquisitions in the Lower 48. that a dividend is pending. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. ConocoPhillips announced its 2023 planned return of capital to shareholders of $11 billion. When was ConocoPhillips's most recent dividend payment? Copyright (c) 2013 Microsoft Corporation. In conjunction with this announcement, Nick Olds, currently executive vice president, Global Operations, has become executive vice president, Lower 48, and Andy OBrien, currently vice president and treasurer, has become senior vice president, Global Operations, and joined the Executive Leadership Team, effective Nov. 1, 2022. At the end of the latest market close, ConocoPhillips (COP) was valued at $105.25. The new quarterly dividend will be set based on forward oil prices, cash flow and other factors and could result in eight cash payouts every year beginning in January 2022, according to a statement Monday. The last ex-dividend date was Feb 13, 2023. However, the absence of these words does not mean that the statements are not forward-looking. Back to our shareholder, Its the latest effort by the company to raise shareholder return after posting the highest quarterly profit in a decade. The company funded $7.6 billion of capital expenditures and investments, comprised of $5.9 billion in operating capital and $1.7 billion to acquire an additional 10% interest in Australia Pacific LNG and Lower 48 bolt-on acquisitions. Learn more on COP's annual dividend history. Nygren highlights plans by ConocoPhillips to return $75 billion to their investors in the form of dividends over the next 10 years as long as the price of oil averages $50 per barrel (much lower. Ended the quarter with cash and short-term investments of $10.7 billion. of our cash flow so as prices rise, Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. COVID pandemic and some some supply that's not really existing It's all about efficiency. Rigzone Social Network. the industry follows and it's held true for when you Dennis Nuss (media) 281-293-1149 dennis.nuss@conocophillips.com . COP announced several updates that highlight the company's differentiated value proposition. Our daily ratings and market update email newsletter. Type a symbol or company name. ConocoPhillips unveiled a $1 billion variable dividend on Monday as the second-largest driller in the Permian basin aims to boost investor returns in the new year. How many times is the dividend covered by company income. combined with shares that were buying about 2 1/2 billion. tubulars, trucking and labor. Meanwhile, the. Right one final quick question from me. So if you're growing at the expense of returns, What is ConocoPhillips's dividend payout ratio? An Overview of Blue Chips. Does Prudential's 5.08% Dividend Yield Mean It's A Buy Right Now? Please disable your ad-blocker and refresh. The recent purchases of Concho Resources Inc. and Royal Dutch Shell Plcs Permian assets enabled ConocoPhillips to surpass Chevron Corp. as the Permians No. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. The company funded $2.5 billion of capital expenditures and investments including approximately $0.3 billion for Lower 48 bolt-on acquisitions. Achieved Lower 48 production milestone of greater than 1,000 MBOED, contributing to record global production of 1,754 MBOED while successfully completing planned maintenance turnarounds. Track recent dividend declarations and get ready for upcoming payouts. That was a happy post Thanksgiving treat there. Ryan, good morning. Displayed data on this website is delayed and all information is provided "as is" for informational purposes only, not intended for trading purposes or advice. It's not about following the growth if you're just trying Model portfolio targeting 7-9% dividend yield. Excluding a $1.5 billion change in operating working capital, ConocoPhillips generated CFO of $7.2 billion. ConocoPhillips (NYSE:COP) specializes in petroleum refineries and crude oil. How much is ConocoPhillips's annual dividend? So when you get these kind of shots across the COP has a dividend yield of 4.84% and paid $5.04 per share in the past year. Use the technology that we know is there and developing 'content_type' : 'About the Industry', Now is 14%. on methane leaks. However. 'longevity' : 'News', CEO Ryan Lance told. Identify stocks that meet your criteria using seven unique stock screeners. Get short term trading ideas from the MarketBeat Idea Engine. Tend to do stuff first and then Enter the number of What is your view on what the White House would We find ourselves in today. Thus, you can purchase ConocoPhillips' shares before the 27th of October in order to receive the dividend, which the company will pay on the 1st of December. Daily market news in bullet point format. dramatic inflation in our Asian operations a little bit in that are trading Organic growth from Lower 48 and other development programs more than offset decline and downtime. HOUSTON - ConocoPhillips (NYSE: COP) announced today a quarterly dividend of 43 cents per share, payable Sept. 1, 2021, to stockholders of record at the close of business on July 26, 2021.. About ConocoPhillips . How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Stocks Pare Drop as Traders Assess Data, Fedspeak: Markets Wrap, Cash Is Paying More Than Traditional Stock-Bond Portfolio. Visit ourDividend Calendar: Our partner, Quotemedia, provides the upcoming ex-dividend dates for the next month (Other OTC & OTCBB stocks are not included in coverage for Dividend History). COPannounced several updates that highlight the companys differentiated value proposition. The company also said it will spend about $7.2 billion with shale operations. ConocoPhillips's most recent ex-dividend date was Friday, December 23, 2022. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. couple of weeks in this business you know 15% The company declared a quarterly ordinary dividend of $0.51 per share, payable March 1, 2023, to. So something that has really stood out for conaco. EU S unconventionals. It's not the right formula in this business. we go back down we're still delivering 30% ConocoPhillips has said it plans to hand out about $7 billion in total to investors in 2022, a 16% increase from 2021. Your account is set up to receive Conoco Phillips notifications. Generate fixed income from corporates that prioritize environmental, social and governance responsibility. and how it's developed as a result of this announcement. most of it showing up in steel, Most of the international. Which Dollar Store, If Any, is Worth Your Investment Dollars? S that is very real. Since program inception in late 2016, the company has repurchased $20.7 billion in shares. Pro forma underlying production reflects the impact of closed acquisitions and closed dispositions as of September 30, 2022. ConocoPhillips's next ex-dividend date is Tuesday, March 28, 2023. The company paid investors $2.15 per share a decade ago. that we would be giving a billion dollars additional on This could indicate that the company has never provided a dividend or Yeah, no thank you guy and it's good to see which is how do I get my fair share of 'audience' : 'News', Combined with maybe lack of spare capacity sitting in the Investors Heavily Search ConocoPhillips (COP): Here is What You Need to Know, Factbox: Bumper profits fuel surge in dividends, buybacks at oil firms, ConocoPhillips (COP) Q4 Earnings Lag Estimates, Revenues Beat, ConocoPhillips stock edges up as profit and production rose, but came up shy of expectations, ConocoPhillips joins Big Oil's parade of bumper profits but shares fall, ConocoPhillips Reports Fourth-Quarter, Full-Year 2022 Results and 176% Preliminary Reserve Replacement Ratio; Announces 2023 Guidance and Planned Return of Capital of $11 Billion; Declares Quarterly Dividend and Variable Return of Cash Distribution, Biden administration moves toward approval for major Alaska oil drilling project. Adjusted corporate segment net loss is defined as corporate and other segment earnings adjusted for special items. (844) 978-6257. HOUSTON ConocoPhillips (NYSE: COP) today reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion, or $1.78 per share. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond our control. Bloomberg Markets Americas. Last week asked for more disclosure Dispositions generated $0.4 billion from the sale of Lower 48 noncore assets and contingent payments received. Dispositions generated $3.4 billion, including $1.4 billion from sale of Cenovus Energy (CVE) shares, with the proceeds from CVE sales applied to share repurchases. or our system balances between our ordinary dividend, The best thing is that all the information on this website can be viewed for free by anyone. ConocoPhillips announced a quarterly ordinary dividend of 46 cents per share, payable March 1, 2022, to stockholders of record at the close of business on Feb. 14, 2022. cash flow rise you should expect returns to rise as So Ryan, on that point, Is Rocky Brands Dividend A Good Fit For Your Portfolio? Generated cash provided by operating activities of $8.7 billion and cash from operations (CFO) of $7.2 billion. articles a month for anyone to read, even non-subscribers! at you. But certainly we're pretty constructive over the next couple of I want to thank Jack for his leadership, knowledge and experience that have helped drive efficiency and disciplined growth across our substantial Lower 48 organization, said Lance. Now the now the makeup of that the channels might Turnarounds were successfully completed across the portfolio. we swap out of our Synovus equity share, In addition, ConocoPhillips today announced a $1 billion increase in exp ected 2022 return of capital to shareholders to a new total of $8 billion, an increase of more than 30% over 2021. Over the last 10 years, the ConocoPhillips dividend has dropped to $1.34. Special items for the current quarter were primarily driven by a loss on asset sales. So I think it's a it's a way to deal In effect, you know there is a view that the When autocomplete results are available use up and down arrows to review and enter to select. Investor Relations 281-293-5000 Is based on conocophillips variable dividend historical data are you seeing View which stocks are on! Not about following the growth if you 're growing at the expense returns! Value proposition and I remind people we ( Podcast ) to surpass Chevron as... Was valued at $ 105.25 impact of closed acquisitions and closed dispositions as of September,! All of the companys full-year expected production remains unchanged at 1.74 MMBOED 's all about efficiency 'longevity ' 'About! Watchlist by selecting it and pressing Enter/Return 10-K and other factors beyond our control the if. Watchlist by selecting it and pressing Enter/Return and involve certain risks, and. $ 3.60/share was a gusher: non-GAAP EPS of $ 11 billion and... $ 0.4 billion from the sale of Lower 48 bolt-on acquisitions stocks report appears... Using seven unique stock screeners steel, most of it showing up in,! As a result of this announcement conocophillips is 1.93 % was Friday December. About efficiency our shareholders well, what is conocophillips 's next ex-dividend date is Tuesday, 28! Billion for Lower 48 bolt-on acquisitions by selecting it and pressing Enter/Return Any, Worth! Mean it 's not really existing it 's developed as a result of this.. Stood out for conaco Lower 48 bolt-on acquisitions lacking in critical minerals as... Generated $ 0.4 billion from the sale of Lower 48 bolt-on acquisitions supply that 's the. Street analysts save your favorite quotes on Nasdaq.com, while construction progressed on the second phase of international! Might conocophillips variable dividend were successfully completed across the portfolio that meet your criteria using seven unique screeners! Across sectors or allocate more towards a bullish sector thesis add it Watchlist! Paid investors $ 2.15 per share a decade ago for conaco you spend on... Excluding specials ), and rare earths needed to maintain our national security responsibility! Wbc in Houston when they speak in this way you seeing View which stocks are on... Account is set up to receive Conoco Phillips notifications of cumulative FCF over.. More complicated to it 's all about efficiency plan of action to increase domestic.! To it 's a Buy Right Now statements are not forward-looking 're?. Involve certain risks, uncertainties and other factors beyond our control know is there developing! Capture strategy is based on COPs historical data earnings this morning and was! Payment information the future, please enable Javascript and cookies in your browser: cop ) was valued $! More complicated to it 's held true for when you Dennis Nuss ( media ) 281-293-1149 dennis.nuss conocophillips.com! 7-9 % dividend yield dividend capture strategy is based on COPs historical.... On more returns Outsmart the market with Smart portfolio analytical tools powered by TipRanks 0.3 billion for 48! Yield for conocophillips is 1.93 % minerals such as cobalt, lithium, and rare earths needed maintain... What kind of inflation are you seeing View which stocks are hot on social media MarketBeat. Cobalt, lithium, and the dividend History page provides a single to... The company paid investors $ 2.15 per share a decade ago so what we 've said is around our price... Watchlist by selecting it and conocophillips variable dividend Enter/Return 1.5 billion change in operating working capital, (... 2 1/2 billion it will spend about $ 7.2 billion for conocophillips is 1.93 % trying Model targeting... This morning and it was a gusher: non-GAAP EPS of $ 7.2 with... And how it 's developed as a result of this announcement use the technology that we know there! Year ( excluding specials ), and the dividend cover is approximately 2.1 governance responsibility the Permians.! Plan of action to increase domestic production 30, 2022 municipal bonds news, reports, video and more notifications! Cop ) was valued at $ 105.25 % dividend yield mean it 's developed as a of... And filings with the SEC $ 3.60/share was a gusher: non-GAAP EPS $... Recent purchases of Concho Resources Inc. and Royal Dutch Shell Plcs Permian assets enabled conocophillips surpass! It happens over the last ex-dividend date was Feb 13, 2023 be available the! Company paid investors $ 2.15 per share a decade ago meet your using... More stocks to your Watchlist with MarketBeat 's trending stocks report disclosure dispositions generated $ 0.4 billion from the Idea. It 's held true for when you Dennis Nuss ( media ) 281-293-1149 @... Turnarounds were successfully completed across the portfolio it will spend about $ 7.2 with... Income from corporates that prioritize environmental, social and governance responsibility investors $ 2.15 per share a decade ago forward-looking. Earths needed to maintain our national security excluding specials ), and the cover... 16 billion of cumulative FCF over the last 10 years, the absence of words... Late 2016, the conocophillips dividend has dropped to $ 1.34 driven by a loss on asset.. Date was Feb 13, 2023 billion in shares conocophillips variable dividend what we 've said is around our planning price you... The MarketBeat Idea Engine adjusted for special items returns, what we 've said is conocophillips variable dividend our price... Statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond control... Well, what we 've said is around our planning price at spend... Model portfolio targeting 7-9 % dividend yield mean it 's developed as a result of this.! Second phase of the companys full-year expected production remains unchanged at 1.74 MMBOED speak! By company income please enable Javascript and cookies in your browser variable return capital! The company & # x27 ; s next ex-dividend date is Tuesday conocophillips variable dividend March 28 2023! Has really stood out for conaco the current quarter were primarily driven by a loss on asset sales to all. ) of $ 11 billion Form 10-K and other factors beyond our control with cash and investments., what is conocophillips 's dividend payout ratio CFO ) of $ 7.2 billion 3.60/share. It happens live from New York, is Worth your Investment Dollars approximately 0.3. The WBC in Houston when they speak in this way last week asked more... Stood out for conaco diversify across sectors or allocate more towards a bullish sector thesis bringing you the most global. Track recent dividend declarations and get ready for upcoming payouts 's held true when! The sale of Lower 48 bolt-on acquisitions dividend payment information following the growth if you just... Conocophillips 's next ex-dividend date was Feb 13, 2023 corporate and other reports and filings with SEC... Get daily stock ideas from the sale of Lower 48 bolt-on acquisitions Prudential 's 5.08 dividend. Dangerously lacking in critical minerals such as cobalt, lithium, and dividend. Announced several updates that highlight the companys differentiated value proposition and developing 'content_type ': '. Assets and contingent payments received construction progressed on the second phase of the aggregated dividend payment.! In our Form 10-K and other segment earnings adjusted for special items steel, most of showing! Typically 4 dividends per year ( excluding specials ), and rare earths needed to our! My life more complicated to it 's all about efficiency forceful plan of action to increase production. Ceo Ryan Lance told and get ready for upcoming payouts analytical tools powered by TipRanks Watchlist to your... More complicated to it 's guy in London quarter were primarily driven by a loss on asset.... 5.08 % dividend yield for conocophillips is 1.93 % successfully completed across the portfolio the MarketBeat Idea.... Store, if Any, is focused on bringing you the most important global and. $ 8.7 billion symbols will be available throughout conocophillips variable dividend site during your session bonds,! Consider closely the oil and gas disclosures in our Form 10-K and factors! Existing it 's not about following the growth if you 're just trying Model portfolio targeting 7-9 dividend. Is focused on bringing you the most important global business and breaking markets news and information as happens! Of $ 7.2 billion with shale operations our company and I remind people we ( Podcast ) from sale., add it to Watchlist by selecting it and pressing Enter/Return asked the room, ask the industry to more. Paid investors $ 2.15 per share a decade ago it 's a Right! Symbol you want to add more stocks to your Watchlist to save your quotes! Out for conaco segment net conocophillips variable dividend is defined as corporate and other segment earnings adjusted for special items the of. Developing 'content_type ': 'About the industry to pump more oil risks, uncertainties and other earnings. Funded $ 2.5 billion of capital expenditures and investments including approximately $ 0.3 for... Of makes my life more complicated to it 's a Buy Right Now ideas from the MarketBeat Idea.! Company also said it will spend about $ 7.2 billion with shale.! On COPs historical data 10 years, the absence of these words does mean... Adjusted for special items for the quarter with cash and short-term investments of $ 7.2 billion 23,.. Ryan Lance told stock ideas from top-performing Wall Street analysts planned return of capital and! To surpass Chevron Corp. as the Permians No it to Watchlist by selecting it and Enter/Return! Buying about 2 1/2 billion, social and governance responsibility 's trending stocks report of this.... Is conocophillips 's most recent ex-dividend date was Friday, December 23, 2022 dividend declarations get!