ConocoPhillips (COP) Declares $0.42 Quarterly Dividend; 3.8% Yield

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Go back to ConocoPhillips (COP) Declares $0.42 Quarterly Dividend; 3.8% Yield

ConocoPhillips (COP) Tops Q1 EPS by 21c

April 30, 2020 7:05 AM EDT

ConocoPhillips (NYSE: COP) reported Q1 EPS of $0.45, $0.21 better than the analyst estimate of $0.24.

For earnings history and earnings-related data on ConocoPhillips (COP) click here.

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Coming U.S. shale results will test extent of oil hedges, output cuts

April 28, 2020 5:12 PM EDT

By Arathy S Nair and Arunima Kumar

(Reuters) - As low crude oil prices leave U.S. producers struggling to eke out profits, investors will focus on production hedges and cost-cuts to determine winners from losers as first quarter earnings roll out in coming days.

Global energy demand have tumbled by nearly a third due to coronavirus lockdowns, fueling an oil glut that halved U.S. crude prices in March.

The collapse of an OPEC pact to curb production then had some producers fighting to survive and shale investors prizing access to cash above other measures, said energy... More