ConocoPhillips (COP) To Go Ex-Dividend on August 17th

ConocoPhillips (NYSE:COPGet Free Report) announced a quarterly dividend on Thursday, August 6th. Investors of record on Monday, August 17th will be given a dividend of 0.84 per share by the energy producer on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Monday, August 17th.

ConocoPhillips has raised its dividend by an average of 0.1%annually over the last three years. ConocoPhillips has a payout ratio of 47.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect ConocoPhillips to earn $8.99 per share next year, which means the company should continue to be able to cover its $3.36 annual dividend with an expected future payout ratio of 37.4%.

ConocoPhillips Stock Up 1.7%

Shares of NYSE COP opened at $126.67 on Friday. The company has a current ratio of 1.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The company has a market cap of $152.17 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.38 and a beta of 0.11. ConocoPhillips has a 12 month low of $85.57 and a 12 month high of $135.87. The stock has a 50-day moving average price of $113.88 and a two-hundred day moving average price of $116.60.

ConocoPhillips (NYSE:COPGet Free Report) last posted its earnings results on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $0.34. The firm had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The business’s revenue for the quarter was up 32.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.42 earnings per share. As a group, analysts forecast that ConocoPhillips will post 10.05 earnings per share for the current fiscal year.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

  • Positive Sentiment: Traders purchased 68,293 call options on Friday, roughly 339% above the average daily call volume of 15,545. The unusually high call activity signals increased speculative and potentially bullish interest in COP.
  • Positive Sentiment: ConocoPhillips reported record Permian production and generated approximately $4.2 billion in second-quarter free cash flow. Management discussed using its financial strength to support expansion in Iraq and liquefied natural gas, which could improve future production and cash generation. ConocoPhillips Q2 2026 Earnings Call Transcript
  • Positive Sentiment: The Coyote 3SX project on Alaska’s North Slope has achieved first oil. The start-up adds production from a project that received approximately $800 million in funding and reinforces COP’s growth outlook. ConocoPhillips Alaska’s Coyote 3SX Project Achieves First Oil
  • Positive Sentiment: Rising oil prices amid tensions around the Strait of Hormuz are providing a favorable commodity-price backdrop for COP, whose earnings and cash flow remain sensitive to oil prices. Why ConocoPhillips Is in Focus as Oil Climbs on Hormuz Tensions
  • Positive Sentiment: Susquehanna forecast strong price appreciation for COP, adding to the positive analyst outlook. Susquehanna Forecasts Strong Price Appreciation for ConocoPhillips
  • Neutral Sentiment: Brokerages maintain an average “Moderate Buy” recommendation, indicating constructive but not overwhelmingly bullish institutional sentiment. ConocoPhillips Given Average Recommendation of Moderate Buy
  • Neutral Sentiment: A broader LNG investment wave involving Qatar, the United States and Argentina may support the long-term market for gas producers, although the article does not announce a new COP project. Five LNG Megaprojects Poised to Power the Next Gas Boom

ConocoPhillips Company Profile

(Get Free Report)

ConocoPhillips (NYSE: COP) is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company’s activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.

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Dividend History for ConocoPhillips (NYSE:COP)

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