ConocoPhillips (NYSE:COP) Updates On Dividend Release Date


On 2016-07-13, ConocoPhillips (NYSE:COP) confirmed the dividend disbursement of $0.25 a share to shareholders as on record 2016-07-25. The firm will release dividend on 2016-09-01 while ex-dividend date is reported to be 2016-07-21.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, ConocoPhillips (NYSE:COP) paid a total of $0.25 per share in dividends. This figure stood at $0.25 a share in the same period a year ago indicating a deviation of 3.5211%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $52.181 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $72 and $37, respectively.

Taking the mathematical rating formula, the price for ConocoPhillips (NYSE:COP) stands at 2.27. Earnings Review ConocoPhillips (NYSE:COP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $-0.39.

Coming to the quarter ending on 2015-12-31, ConocoPhillips (NYSE:COP) recorded EPS of $-0.79. The reported numbers came lower than the analysts’ estimates of $-0.62, demonstrating a miss of $-0.17 as against reported figures.

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