Home Markets Dividend Growth of ConocoPhillips(COP)

Dividend Growth of ConocoPhillips(COP)


ConocoPhillips(COP) is having a Dividend Yield of 2.15% with the Annual cash Dividend per share of $1. The last quarter cash dividend per share pay out was $0.25. ConocoPhillips has a 5 year average dividend yield of 4.08% and the stock has a Indicated annual dividend of $1.06. ConocoPhillips(COP) formally announced its most recent dividend on January 31, 2017 with a Dividend per share of $0.27. The new indicated annual dividend based on announced dividend per share is $1.06. The dividend yield based on the forward looking indicated annual dividend is 2.15%. The Ex-Dividend amount last paid was $0.27 on February 10, 2017. The 5 year historical dividend growth of ConocoPhillips(COP) is at the rate of -16.24% while the R-Squared dividend growth is 0.39. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

ConocoPhillips (NYSE:COP) witnessed a decline in the market cap on Thursday as its shares dropped 2.07% or 1.02 points. After the session commenced at $49.59, the stock reached the higher end at $49.65 while it hit a low of $48.27. With the volume soaring to 9,689,101 shares, the last trade was called at $48.34. The company has a 52-week high of $53.17. The company has a market cap of $59,895 million and there are 1,239,027,410 shares in outstanding. The 52-week low of the share price is $31.82. ConocoPhillips has lost 2.43% in the last five trading days and dropped 3.32% in the last 4 weeks. ConocoPhillips is up 7.33% in the last 3-month period. Year-to-Date the stock performance stands at -3.07%.

Currently the company Insiders own 0.07% of ConocoPhillips shares according to the proxy statements. Institutional Investors own 65.39% of ConocoPhillips shares. Company has reported several Insider transactions to the SEC, on Sep 2, 2016, John V Faraci (director) purchased 3,879 shares at 51.02 per share price.On Aug 15, 2016, Ellen Desanctis (Vice President) purchased 5,000 shares at 40.50 per share price.On Aug 3, 2016, James E Jr Copeland (director) purchased 12,500 shares at 39.74 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.ConocoPhillips was Upgraded by Societe Generale to Buy on Jan 11, 2017. ConocoPhillips was Upgraded by Goldman to Buy on Nov 28, 2016.

ConocoPhillips Last issued its quarterly earnings results on Feb 2, 2017. The company reported $-0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.17. Analyst had a consensus of $-0.43.Analysts expectations of $ 7633.67.During the same quarter in the previous year, the company posted $-0.90 EPS.

ConocoPhillips is a major global exploration and production (E&P) company with operations all over the world. As year-end 2014, the company had estimated proved reserves of 8.9 billion oil-equivalent barrels (BOE). Production from continuing operations, excluding Libya, averaged 1,532 thousand barrels of oil equivalent per day (MBOED) in 2014. In May 2012, ConocoPhillips completed the spin-off of its refining/sales business into a separate, independent and publicly traded company, Phillips 66 (Ticker: PSX).



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