ConocoPhillips Reports Fourth-Quarter and Full-Year 2015 Results; Lowers Quarterly Dividend and Revises 2016 Operating Plan Guidance
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UBS Cuts Price Target as ConocoPhillips (COP) Cuts Dividends and Guidance
February 5, 2016 10:00 AM ESTUBS maintained a Neutral rating on ConocoPhillips (NYSE: COP), and cut the price target to $38.00 (from $42.00), following the company's 4Q earnings report. COP cut its quarterly dividend from $0.74/sh to $0.25/sh, implying a dividend yield of ~2.8% (vs. ~7.9% prior). COP also further reduced its 2016... More
Scotia Howard Weil Downgrades ConocoPhillips (COP) to Sector Perform
February 5, 2016 9:14 AM ESTScotia Howard Weil downgraded ConocoPhillips (NYSE: COP) from Outperform to Sector Perform.
For an analyst ratings summary and ratings history on ConocoPhillips click here. For more ratings news on ConocoPhillips click here.
Shares of ConocoPhillips closed at $35.32 yesterday.
... MoreConocoPhillips (COP) Lowers Quarterly Dividend 66.2% to $0.25; 2.6% Yield
February 4, 2016 7:05 AM ESTConocoPhillips (NYSE: COP) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 66.2% decrease from the prior dividend of $.74.
The dividend will be payable on March 1, 2016, to stockholders of record on February 16, 2016, with an ex-dividend date of February 11,... More
ConocoPhillips (COP) Misses Q4 EPS by 25c; Slashes Dividend 66%
February 4, 2016 7:04 AM ESTConocoPhillips (NYSE: COP) reported Q4 EPS of ($0.90), $0.25 worse than the analyst estimate of ($0.65).
The company announced that its board of directors approved a reduction in the companys quarterly dividend to 25 cents per share, compared with the previous quarterly dividend of 74 cents per share. The dividend is payable on March 1, 2016 to... More
