ConocoPhillips (COP) Misses Q4 EPS by 25c; Slashes Dividend 66%
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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
