Conocophillips (COP) 50.34 $COP
ConocoPhillips Set to Possibly Rebound After Yesterday's Selloff of 3.32%
Comtex SmarTrend(R) - Fri Jul 31, 4:40PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $50.25 to a high of $51.45. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $50.87 on volume of 12.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
COP: 50.34 (-1.73)
Chevron Predicts Oil Prices Will Stay Low for a Long Time
at The Street - Fri Jul 31, 3:33PM CDT
The company is adjusting to what may be a very period of low oil prices.
XOM: 79.21 (-3.80), COP: 50.34 (-1.73), CVX: 88.48 (-4.55)
Exxon Profit Drops 51%, Chevron 90% On Low Oil Prices
at Investor's Business Daily - Fri Jul 31, 3:26PM CDT
ExxonMobil (XOM) and Chevron (CVX) reported mixed second-quarter results Friday as oil prices stayed down nearly 50% from a year ago. Exxon's Q2 earnings fell 51% to $1 per share, less than the $1.11 per share that analysts polled by Thomson Reuters...
COP: 50.34 (-1.73), XOM: 79.21 (-3.80), BP: 36.97 (-0.71), CVX: 88.48 (-4.55)
Oil Skidded 21% During July -- and Was a Big Drag on Stocks
at The Street - Fri Jul 31, 3:00PM CDT
July is a mixed month for markets as the S&P 500 and Nasdaq closes with slight gains, while the Dow Jones Industrial Average sees a loss.
RCL: 89.85 (+7.11), LNKD: 203.26 (-23.89), XOM: 79.21 (-3.80), COP: 50.34 (-1.73), AMGN: 176.59 (+4.90), BP: 36.97 (-0.71), CVX: 88.48 (-4.55), PTR: 98.39 (-1.72), XLE: 69.38 (-1.55), STO: 16.91 (-0.36)
ConocoPhillips (COP) Earnings Report: Q2 2015 Conference Call Transcript
at The Street - Fri Jul 31, 9:56AM CDT
The following ConocoPhillips (COP) conference call took place on July 30, 2015, 12:00 PM ET. This is a transcript of that earnings call:
COP: 50.34 (-1.73)
1% Q2 Profit Growth Is S&P 500's Weakest Since '12
at Investor's Business Daily - Fri Jul 31, 7:02AM CDT
Six companies now are keeping the second-quarter earnings growth rate in positive territory for S&P 500 businesses, and that may suggest more softness to come. With 64% of S&P 500 companies having reported their performance in the last calendar...
DHI: 29.69 (+0.22), CCI: 81.91 (+0.44), F: 14.83 (-0.27), EMN: 78.40 (-0.19), FB: 94.01 (-1.20), UTX: 100.31 (-0.42), C: 58.46 (-0.42), WMT: 71.98 (-0.18), COP: 50.34 (-1.73), BAC: 17.88 (-0.25), AA: 9.87 (-0.11), LEN: 53.04 (+0.86), GILD: 117.86 (-0.04), CHK: 8.66 (-0.31), PHM: 20.72 (+0.32), GM: 31.51 (-0.40), GOOGL: 657.50 (-7.06), CAT: 78.63 (+0.28), CVX: 88.48 (-4.55), DOW: 47.06 (-0.36), AAPL: 121.30 (-1.07), VZ: 46.79 (+0.12)
ConocoPhillips cuts capex
at Investor's Business Daily - Thu Jul 30, 5:47PM CDT
The oil major's Q2 EPS plunged to 7 cents from $1.61 in the year-ago quarter, as its average realized oil price tumbled to $39.09 a barrel from $70.17. (COP) still topped the 4 cents per share that analysts were expecting. Revenue sank 45.6% to $8...
COP: 50.34 (-1.73)
10 Oil and Gas Companies at Risk of Cutting Their Dividends
at The Street - Thu Jul 30, 4:10PM CDT
If low oil prices persist, even major oil companies could be forced to rethink their dividends.
DVN: 49.42 (-1.19), XOM: 79.21 (-3.80), COP: 50.34 (-1.73), SLB: 82.82 (-0.70), DO: 21.95 (-0.36), RIG: 13.26 (-0.69), MUR: 32.79 (-2.18), ESV: 16.58 (-0.05), CHK: 8.66 (-0.31), BP: 36.97 (-0.71), MRO: 21.01 (-0.85), OXY: 70.20 (-1.20), CVX: 88.48 (-4.55), APC: 74.35 (-2.28), NE: 11.95 (-0.44)
Stocks Tread Water as September Hike Grows More Likely
at The Street - Thu Jul 30, 3:06PM CDT
The Federal Reserve did nothing at its July meeting, but the likelihood that they soon will hung a cloud over trading on Thursday.
WFM: 36.40 (+0.32), FB: 94.01 (-1.20), STX: 50.60 (-0.69), WYNN: 103.23 (-0.89), COP: 50.34 (-1.73), WDC: 86.06 (-0.38), HPQ: 30.52 (-0.10), SLB: 82.82 (-0.70), BIDU: 172.66 (-1.81), QCOM: 64.39 (-0.02), XLK: 42.58 (-0.14), TWC: 190.01 (-0.83), PG: 76.70 (-0.69), TMUS: 40.66 (+1.80), MSFT: 46.70 (-0.18), PTR: 98.39 (-1.72), XLE: 69.38 (-1.55), CL: 68.02 (unch)
Stocks Trade Flat as Tech Gains, Energy Drags
at The Street - Thu Jul 30, 1:53PM CDT
Stocks hover close to the flatline in late afternoon trading on Thursday.
WFM: 36.40 (+0.32), FB: 94.01 (-1.20), STX: 50.60 (-0.69), WYNN: 103.23 (-0.89), COP: 50.34 (-1.73), WDC: 86.06 (-0.38), HPQ: 30.52 (-0.10), SLB: 82.82 (-0.70), BIDU: 172.66 (-1.81), RDS.A: 57.48 (+0.11), QCOM: 64.39 (-0.02), XLK: 42.58 (-0.14), TWC: 190.01 (-0.83), TMUS: 40.66 (+1.80), PG: 76.70 (-0.69), MSFT: 46.70 (-0.18), PTR: 98.39 (-1.72), XLE: 69.38 (-1.55), CL: 68.02 (unch)
Occidental Petroleum Q2 Earnings in Line, Revenues Lag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 1:23PM CDT
Occidental Petroleum's (OXY) total revenue was $3,469 million, lagging the Zacks Consensus Estimate of $3,899 million.
HES: 59.01 (-1.32), MPC: 54.67 (+0.73), COP: 50.34 (-1.73), OXY: 70.20 (-1.20)
Expect Exxon, Chevron, Conoco to Report Weak Earnings
at The Street - Thu Jul 30, 12:15PM CDT
Dan Dicker, energy contributor at TheStreet previews the earnings reports of Exxon Mobil, Chevron, Conoco-Phillips and other oil supermajors.
RDS.A: 57.48 (+0.11), TOT: 49.29 (+0.09), XOM: 79.21 (-3.80), COP: 50.34 (-1.73), BP: 36.97 (-0.71), CVX: 88.48 (-4.55)
Helmerich & Payne Beats on Q3 Earnings Despite Oil Rout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 11:15AM CDT
contractor Helmerich & Payne Inc. (HP) reported better-than-expected results for the third quarter of fiscal 2015 (three months ended Jun 30, 2015).
NOV: 42.13 (-1.26), APA: 45.86 (-0.62), COP: 50.34 (-1.73), HP: 57.74 (-0.99)
ConocoPhillips Q2 Earnings Beat Estimates, Revenues Miss - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 11:06AM CDT
ConocoPhillips (COP) reported second-quarter 2015 adjusted earnings of 7 cents per share, beating the Zacks Consensus Estimate of 5 cents.
LNG: 68.97 (-1.19), GLF: 9.42 (-0.56), COP: 50.34 (-1.73), LINE: 4.04 (-0.72)
Shell Cuts Jobs, Capex As Extended Oil Downturn Seen
at Investor's Business Daily - Thu Jul 30, 11:06AM CDT
Royal Dutch Shell (RDSA) announced job cuts and reductions in its capital investment on Thursday, but second-quarter profit topped estimates. The oil major said it will cut 6,500 staff and contractor positions this year to reduce operating costs by...
COP: 50.34 (-1.73), BP: 36.97 (-0.71)
ConocoPhillips Cuts Capex, Occidental Keeps Pumping
at Investor's Business Daily - Thu Jul 30, 11:00AM CDT
ConocoPhillips (COP) reported second-quarter profit above Wall Street estimates Thursday and cut spending plans further, while 's (OXY) revenue fell short despite surging Permian output. ConocoPhillips' Q2 earnings plunged to 7 cents per share from...
COP: 50.34 (-1.73), OXY: 70.20 (-1.20)
ConocoPhillips’ Earnings Don’t Disappoint
Matthew DiLallo, The Motley Fool - Motley Fool - Thu Jul 30, 9:37AM CDT
Source: ConocoPhillips While ConocoPhillips hasn't been immune to the oil market downturn, the oil and gas driller is muting some of its impact thanks to stronger than expected operations. Those operations were on full display in the company's...
COP: 50.34 (-1.73)
Stock Market News for July 30, 2015 - Market News
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 9:10AM CDT
Benchmarks ended higher on Wednesday after Fed’s policymakers kept key interest rates unchanged and acknowledged that the economy and job market are strengthening
RIG: 13.26 (-0.69), GILD: 117.86 (-0.04), NOC: 173.01 (-2.40), IP: 47.87 (+0.40), COP: 50.34 (-1.73), XOM: 79.21 (-3.80), CVX: 88.48 (-4.55), SLB: 82.82 (-0.70), MA: 97.40 (-1.01)
ConocoPhillips reports 2Q loss but tops Street expectations
AP - Thu Jul 30, 8:32AM CDT
HOUSTON (AP) — ConocoPhillips lost $179 million in the second quarter, after booking a profit in the same period last year, as a sizeable drop in oil prices weighed on the energy company's results.
COP: 50.34 (-1.73)
Day Ahead: FOMC Aftermath; Earnings Continue
at The Street - Thu Jul 30, 8:22AM CDT
There is building consensus around a September rate hike.
EA: 71.55 (-0.75), CAH: 84.98 (+1.64), HP: 57.74 (-0.99), DLPH: 78.08 (+0.58), HOT: 79.46 (+1.26), SWK: 105.49 (+0.98), LNKD: 203.26 (-23.89), LINE: 4.04 (-0.72), NICE: 64.56 (+1.73), APD: 142.51 (+0.17), FEYE: 44.49 (-3.27), WU: 20.24 (+1.22), COP: 50.34 (-1.73), COLM: 71.54 (+8.90), AMGN: 176.59 (+4.90), CI: 144.06 (+0.16), BWA: 49.71 (-0.14), ADP: 79.77 (-0.36), EXPE: 121.44 (+13.83), TEVA: 69.02 (-0.05), KLAC: 53.05 (+0.99), PG: 76.70 (-0.69), CRL: 77.62 (+3.18), LLL: 115.46 (+0.71), OSK: 36.54 (+0.49), CL: 68.02 (unch)
ConocoPhillips Set to Possibly Rebound After Yesterday's Selloff of 3.32%
Comtex SmarTrend(R) - Fri Jul 31, 4:40PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $50.25 to a high of $51.45. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $50.87 on volume of 12.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
COP: 50.34 (-1.73)
Chevron Predicts Oil Prices Will Stay Low for a Long Time
at The Street - Fri Jul 31, 3:33PM CDT
The company is adjusting to what may be a very period of low oil prices.
XOM: 79.21 (-3.80), COP: 50.34 (-1.73), CVX: 88.48 (-4.55)
Exxon Profit Drops 51%, Chevron 90% On Low Oil Prices
at Investor's Business Daily - Fri Jul 31, 3:26PM CDT
ExxonMobil (XOM) and Chevron (CVX) reported mixed second-quarter results Friday as oil prices stayed down nearly 50% from a year ago. Exxon's Q2 earnings fell 51% to $1 per share, less than the $1.11 per share that analysts polled by Thomson Reuters...
COP: 50.34 (-1.73), XOM: 79.21 (-3.80), BP: 36.97 (-0.71), CVX: 88.48 (-4.55)
Oil Skidded 21% During July -- and Was a Big Drag on Stocks
at The Street - Fri Jul 31, 3:00PM CDT
July is a mixed month for markets as the S&P 500 and Nasdaq closes with slight gains, while the Dow Jones Industrial Average sees a loss.
RCL: 89.85 (+7.11), LNKD: 203.26 (-23.89), XOM: 79.21 (-3.80), COP: 50.34 (-1.73), AMGN: 176.59 (+4.90), BP: 36.97 (-0.71), CVX: 88.48 (-4.55), PTR: 98.39 (-1.72), XLE: 69.38 (-1.55), STO: 16.91 (-0.36)
ConocoPhillips (COP) Earnings Report: Q2 2015 Conference Call Transcript
at The Street - Fri Jul 31, 9:56AM CDT
The following ConocoPhillips (COP) conference call took place on July 30, 2015, 12:00 PM ET. This is a transcript of that earnings call:
COP: 50.34 (-1.73)
1% Q2 Profit Growth Is S&P 500's Weakest Since '12
at Investor's Business Daily - Fri Jul 31, 7:02AM CDT
Six companies now are keeping the second-quarter earnings growth rate in positive territory for S&P 500 businesses, and that may suggest more softness to come. With 64% of S&P 500 companies having reported their performance in the last calendar...
DHI: 29.69 (+0.22), CCI: 81.91 (+0.44), F: 14.83 (-0.27), EMN: 78.40 (-0.19), FB: 94.01 (-1.20), UTX: 100.31 (-0.42), C: 58.46 (-0.42), WMT: 71.98 (-0.18), COP: 50.34 (-1.73), BAC: 17.88 (-0.25), AA: 9.87 (-0.11), LEN: 53.04 (+0.86), GILD: 117.86 (-0.04), CHK: 8.66 (-0.31), PHM: 20.72 (+0.32), GM: 31.51 (-0.40), GOOGL: 657.50 (-7.06), CAT: 78.63 (+0.28), CVX: 88.48 (-4.55), DOW: 47.06 (-0.36), AAPL: 121.30 (-1.07), VZ: 46.79 (+0.12)
ConocoPhillips cuts capex
at Investor's Business Daily - Thu Jul 30, 5:47PM CDT
The oil major's Q2 EPS plunged to 7 cents from $1.61 in the year-ago quarter, as its average realized oil price tumbled to $39.09 a barrel from $70.17. (COP) still topped the 4 cents per share that analysts were expecting. Revenue sank 45.6% to $8...
COP: 50.34 (-1.73)
10 Oil and Gas Companies at Risk of Cutting Their Dividends
at The Street - Thu Jul 30, 4:10PM CDT
If low oil prices persist, even major oil companies could be forced to rethink their dividends.
DVN: 49.42 (-1.19), XOM: 79.21 (-3.80), COP: 50.34 (-1.73), SLB: 82.82 (-0.70), DO: 21.95 (-0.36), RIG: 13.26 (-0.69), MUR: 32.79 (-2.18), ESV: 16.58 (-0.05), CHK: 8.66 (-0.31), BP: 36.97 (-0.71), MRO: 21.01 (-0.85), OXY: 70.20 (-1.20), CVX: 88.48 (-4.55), APC: 74.35 (-2.28), NE: 11.95 (-0.44)
Stocks Tread Water as September Hike Grows More Likely
at The Street - Thu Jul 30, 3:06PM CDT
The Federal Reserve did nothing at its July meeting, but the likelihood that they soon will hung a cloud over trading on Thursday.
WFM: 36.40 (+0.32), FB: 94.01 (-1.20), STX: 50.60 (-0.69), WYNN: 103.23 (-0.89), COP: 50.34 (-1.73), WDC: 86.06 (-0.38), HPQ: 30.52 (-0.10), SLB: 82.82 (-0.70), BIDU: 172.66 (-1.81), QCOM: 64.39 (-0.02), XLK: 42.58 (-0.14), TWC: 190.01 (-0.83), PG: 76.70 (-0.69), TMUS: 40.66 (+1.80), MSFT: 46.70 (-0.18), PTR: 98.39 (-1.72), XLE: 69.38 (-1.55), CL: 68.02 (unch)
Stocks Trade Flat as Tech Gains, Energy Drags
at The Street - Thu Jul 30, 1:53PM CDT
Stocks hover close to the flatline in late afternoon trading on Thursday.
WFM: 36.40 (+0.32), FB: 94.01 (-1.20), STX: 50.60 (-0.69), WYNN: 103.23 (-0.89), COP: 50.34 (-1.73), WDC: 86.06 (-0.38), HPQ: 30.52 (-0.10), SLB: 82.82 (-0.70), BIDU: 172.66 (-1.81), RDS.A: 57.48 (+0.11), QCOM: 64.39 (-0.02), XLK: 42.58 (-0.14), TWC: 190.01 (-0.83), TMUS: 40.66 (+1.80), PG: 76.70 (-0.69), MSFT: 46.70 (-0.18), PTR: 98.39 (-1.72), XLE: 69.38 (-1.55), CL: 68.02 (unch)
Occidental Petroleum Q2 Earnings in Line, Revenues Lag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 1:23PM CDT
Occidental Petroleum's (OXY) total revenue was $3,469 million, lagging the Zacks Consensus Estimate of $3,899 million.
HES: 59.01 (-1.32), MPC: 54.67 (+0.73), COP: 50.34 (-1.73), OXY: 70.20 (-1.20)
Expect Exxon, Chevron, Conoco to Report Weak Earnings
at The Street - Thu Jul 30, 12:15PM CDT
Dan Dicker, energy contributor at TheStreet previews the earnings reports of Exxon Mobil, Chevron, Conoco-Phillips and other oil supermajors.
RDS.A: 57.48 (+0.11), TOT: 49.29 (+0.09), XOM: 79.21 (-3.80), COP: 50.34 (-1.73), BP: 36.97 (-0.71), CVX: 88.48 (-4.55)
Helmerich & Payne Beats on Q3 Earnings Despite Oil Rout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 11:15AM CDT
contractor Helmerich & Payne Inc. (HP) reported better-than-expected results for the third quarter of fiscal 2015 (three months ended Jun 30, 2015).
NOV: 42.13 (-1.26), APA: 45.86 (-0.62), COP: 50.34 (-1.73), HP: 57.74 (-0.99)
ConocoPhillips Q2 Earnings Beat Estimates, Revenues Miss - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 11:06AM CDT
ConocoPhillips (COP) reported second-quarter 2015 adjusted earnings of 7 cents per share, beating the Zacks Consensus Estimate of 5 cents.
LNG: 68.97 (-1.19), GLF: 9.42 (-0.56), COP: 50.34 (-1.73), LINE: 4.04 (-0.72)
Shell Cuts Jobs, Capex As Extended Oil Downturn Seen
at Investor's Business Daily - Thu Jul 30, 11:06AM CDT
Royal Dutch Shell (RDSA) announced job cuts and reductions in its capital investment on Thursday, but second-quarter profit topped estimates. The oil major said it will cut 6,500 staff and contractor positions this year to reduce operating costs by...
COP: 50.34 (-1.73), BP: 36.97 (-0.71)
ConocoPhillips Cuts Capex, Occidental Keeps Pumping
at Investor's Business Daily - Thu Jul 30, 11:00AM CDT
ConocoPhillips (COP) reported second-quarter profit above Wall Street estimates Thursday and cut spending plans further, while 's (OXY) revenue fell short despite surging Permian output. ConocoPhillips' Q2 earnings plunged to 7 cents per share from...
COP: 50.34 (-1.73), OXY: 70.20 (-1.20)
ConocoPhillips’ Earnings Don’t Disappoint
Matthew DiLallo, The Motley Fool - Motley Fool - Thu Jul 30, 9:37AM CDT
Source: ConocoPhillips While ConocoPhillips hasn't been immune to the oil market downturn, the oil and gas driller is muting some of its impact thanks to stronger than expected operations. Those operations were on full display in the company's...
COP: 50.34 (-1.73)
Stock Market News for July 30, 2015 - Market News
Zacks Equity Research - Zacks Investment Research - Thu Jul 30, 9:10AM CDT
Benchmarks ended higher on Wednesday after Fed’s policymakers kept key interest rates unchanged and acknowledged that the economy and job market are strengthening
RIG: 13.26 (-0.69), GILD: 117.86 (-0.04), NOC: 173.01 (-2.40), IP: 47.87 (+0.40), COP: 50.34 (-1.73), XOM: 79.21 (-3.80), CVX: 88.48 (-4.55), SLB: 82.82 (-0.70), MA: 97.40 (-1.01)
ConocoPhillips reports 2Q loss but tops Street expectations
AP - Thu Jul 30, 8:32AM CDT
HOUSTON (AP) — ConocoPhillips lost $179 million in the second quarter, after booking a profit in the same period last year, as a sizeable drop in oil prices weighed on the energy company's results.
COP: 50.34 (-1.73)
Day Ahead: FOMC Aftermath; Earnings Continue
at The Street - Thu Jul 30, 8:22AM CDT
There is building consensus around a September rate hike.
EA: 71.55 (-0.75), CAH: 84.98 (+1.64), HP: 57.74 (-0.99), DLPH: 78.08 (+0.58), HOT: 79.46 (+1.26), SWK: 105.49 (+0.98), LNKD: 203.26 (-23.89), LINE: 4.04 (-0.72), NICE: 64.56 (+1.73), APD: 142.51 (+0.17), FEYE: 44.49 (-3.27), WU: 20.24 (+1.22), COP: 50.34 (-1.73), COLM: 71.54 (+8.90), AMGN: 176.59 (+4.90), CI: 144.06 (+0.16), BWA: 49.71 (-0.14), ADP: 79.77 (-0.36), EXPE: 121.44 (+13.83), TEVA: 69.02 (-0.05), KLAC: 53.05 (+0.99), PG: 76.70 (-0.69), CRL: 77.62 (+3.18), LLL: 115.46 (+0.71), OSK: 36.54 (+0.49), CL: 68.02 (unch)
