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

ConocoPhillips (NYSE:COP) declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Monday, August 17th will be paid a dividend of 0.84 per share by the energy producer on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, August 17th.

ConocoPhillips has raised its dividend payment by an average of 0.1%annually over the last three years. ConocoPhillips has a dividend payout ratio of 47.7% meaning its dividend is sufficiently covered by earnings. Analysts expect ConocoPhillips to earn $8.38 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 40.1%.

ConocoPhillips Trading Up 0.6%

NYSE:COP opened at $117.48 on Friday. The stock has a fifty day simple moving average of $113.08 and a 200 day simple moving average of $115.61. The firm has a market capitalization of $143.13 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 1.37 and a beta of 0.11. ConocoPhillips has a 1-year low of $85.57 and a 1-year high of $135.87. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.35.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $0.34. ConocoPhillips had a return on equity of 14.72% and a net margin of 14.22%.The business had revenue of $19.52 billion for the quarter, compared to the consensus estimate of $18.79 billion. During the same quarter in the previous year, the company posted $1.42 earnings per share. ConocoPhillips’s revenue for the quarter was up 32.4% compared to the same quarter last year. Sell-side analysts forecast that ConocoPhillips will post 9.49 earnings per share for the current year.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Q2 results exceeded expectations: ConocoPhillips reported adjusted earnings of $3.24 per share versus the roughly $2.90–$2.96 consensus, while revenue reached $19.52 billion, ahead of the $18.79 billion estimate. Earnings more than doubled year over year, supported by a 36% increase in realized prices to $62.33 per barrel of oil equivalent. ConocoPhillips Q2 earnings report
• Positive Sentiment: Cash flow and shareholder returns remained strong: The company generated approximately $7.4 billion in operating cash flow, repurchased $2 billion of stock and paid $1 billion in ordinary dividends. COP also declared another $0.84-per-share quarterly dividend, payable September 1 to shareholders of record August 17. ConocoPhillips second-quarter results and dividend
• Positive Sentiment: Long-term free-cash-flow outlook was reaffirmed: Management continues to target a $7 billion free-cash-flow inflection by 2029, helped by lower capital spending, major projects and improved Permian efficiency. Record Permian output and doubled share repurchases further supported the investment case. COP earnings call free-cash-flow outlook
• Positive Sentiment: Analyst sentiment improved: Goldman Sachs maintained a Buy rating and raised its price target to $140 following the earnings beat. Goldman Sachs raises COP price target
• Neutral Sentiment: Leadership transition appears orderly: CFO Andy O’Brien will become president and CEO on September 1, while Ryan Lance moves to transitional executive chair. The internal succession limits disruption but places execution expectations on the incoming chief executive. ConocoPhillips leadership succession announcement
• Negative Sentiment: Production declined year over year: Second-quarter production was 2.248 million barrels of oil equivalent per day, down from the prior year, although management expects third-quarter production to rise to 2.29–2.32 million barrels per day. ConocoPhillips Q2 2026 production and earnings data

ConocoPhillips Company Profile

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.