Thats up from about $5.3 billionthis year. contact@marketbeat.com Yesterday this variable dividend. References in the release to earnings refer to net income. Excluding special items, third-quarter 2022 adjusted earnings were $4.6 billion, or $3.60 per share, compared with third-quarter 2021 adjusted earnings of $2.4 billion, or $1.77 per share. Conoco announced its expected 2022 returns of capital program and the initiation of a three-tier returns of capital framework. Please. Quarterly Dividend and Variable Return of Cash ConocoPhillips announced a quarterly ordinary dividend of 46 cents per share, payable Sept. 1, 2022, to stockholders of record at the close of . The last ex-dividend date was Feb 13, 2023. Dividend Yield 4.84% Annual Dividend $5.04 Ex-Dividend Date Feb 13, 2023 Payout Frequency n/a Payout Ratio 34.10% Dividend Growth 154.55% Dividend History Export * Dividend amounts are adjusted for stock splits when applicable. In addition, the. It it ties into our operating centers. uncertainty in the atmosphere. So the total return to shareholders next year $7 billion, The company also said it will spend about $7.2 billion with shale operations. Cautionary Note to U.S. Investors The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves. Wed love to hear from you, join the conversation on the The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco. If you have an ad-blocker enabled you may be blocked from proceeding. When is ConocoPhillips's next dividend payment? The companys full-year expected production remains unchanged at 1.74 MMBOED. Track recent dividend declarations and get ready for upcoming payouts. Learn more about Datalign Advisory today. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas. This news release contains forward-looking statements as defined under the federal securities laws. The company also distributed $1.5 billion in ordinary dividends and VROC and repurchased $2.8 billion of shares. ConocoPhillips will host a conference call today at 12:00 p.m. Eastern Time to discuss this announcement. and increase the return of capital back to our shareholders. on methane leaks. Enter the number of leak. most of it showing up in steel, 'tag' : 'Capital_Budget_Annoucements,Earnings_Reports,Commodity_Prices,Govt_Regulatory,Analysis_Trends,Onshore,Shale_Unconventional', Dividend payout record can be used to gauge the company's long-term performance when analyzing individual stocks. This makes the dividend yield about the. What is ConocoPhillips's dividend payout ratio? Full-year guidance for adjusted corporate segment net loss remains at $0.9 billion. ConocoPhillips Dividend: 0.60 for March 28, 2023. Dividend Chart. top of what we do already as a company. COVID pandemic and some some supply that's not really existing The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price, The table below shows the full dividend history for Conoco Phillips. This announcement follows the recent closing of the companys acquisition of Shells Permian Basin properties on December 1 for net cash of $8.6 billion. HOUSTON ConocoPhillips (NYSE: COP) today reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion, or $1.78 per share. This variable dividend will yield 0.3% at a stock price of $73 for COP. OPEC plus group combined with the the This could indicate that the company has never provided a dividend or Copies are available from the SEC and from the ConocoPhillips website. drop in one day and then some recovery here. Ryan, good morning. We we we saw the we saw the administration you're talking about. ConocoPhillips (COP) Dividend Data Stock Data Avg Price Recovery 0.6 Days Best dividend capture stocks in Feb Payout Ratio (FWD) 18.41% Years of Dividend Increase 6 yrs Dividend Frequency Quarterly Energy Avg Yield 4.24% 5 best energy dividend stocks Name Price Aum/Mkt Cap YIELD & DIV Exp Ratio Watchlist ConocoPhillips COP | stock $105.25 -0.17% Houston-based ConocoPhillips is an international, integrated global energy company operating in more than 40 countries. All rights reserved. ConocoPhillips declares $0.46 dividend, variable dividend of $0.30, adds $1B buyback Feb. 03, 2022 7:05 AM ET ConocoPhillips (COP) By: Gaurav Batavia, SA News Editor 23 Comments. Copy and paste multiple symbols separated by spaces. that are trading Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. which is why we introduced this third channel. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Type a symbol or company name. CEO Ryan Lance told Bloomberg's Alix Steel and Guy Johnson in an exclusive interview on "Bloomberg Markets America" that he is committed to returning 30% of cash flow to investors. Nothing shall substitute for the independent investigations and sound judgement of our users. We did that kind of at our planning price, It divides the Forward Annualized Dividend by FY1. which we think is unique in the business and required Not sure where to start? Recommendation not provided. Real-time analyst ratings, insider transactions, earnings data, and more. In Canada, drilling and completion activities continued at Montney, while construction progressed on the second phase of the companys processing facility. ConocoPhillips unveiled a $1 billion variable dividend on Monday as the second-largest driller in the Permian basin aims to boost investor returns in the new year. going to develop and talking of investors. Thus, you can purchase ConocoPhillips' shares before the 27th of October in order to receive the dividend, which the company will pay on the 1st of December. News, reports, and commentary about active ETFs. The response was a little mixed in terms of how Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. This makes the dividend yield about the. really appreciate it. Yeah, no thank you guy and it's good to see We set up a messy transition guy. Monthly payments from quarterly dividends . With a potentially long runway ahead, energy stocks could still represent positive value 3 Dividend Portfolios That You Can Create. Our picks from the +200 dividend stocks paying a monthly dividend. So when you get these kind of shots across the COPannounced several updates that highlight the companys differentiated value proposition. The annual dividend for COP shares is $2.04. Learn more on COP's dividend yield history. These 11 stocks will be Dividend Kings in 5 years or less. The time remaining before the next ex-dividend date. The company funded $2.5 billion of capital expenditures and investments including approximately $0.3 billion for Lower 48 bolt-on acquisitions. Do Not Sell My Personal Information (CA Residents Only). Discover dividend stocks matching your investment objectives with our advanced screening tools. you spend. where you're at and what kind of supply chain commodity it really is not that constructive and it creates more Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 13 countries, $95 billion of total assets and approximately 9,400 employees at September 30, 2022. Subsequent to the announcement? and how it's developed as a result of this announcement. Blend yield & returns in the Energy sector. The company declared a quarterly ordinary dividend of $0.51 per share, payable March 1, 2023, to. Dividend History | ConocoPhillips Latest Dividend History Note: Ex-dividend date is the second business day prior to the record date. ConocoPhillips has said it plans to hand out about $7 billion in total to investors in 2022, a 16% increase from 2021. Number of Hedge Fund Holders: 67Dividend Yield as of February 25: 5.07%. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? The company is headquartered in Texas, US . Visit ourDividend Calendar: Our partner, Quotemedia, provides the upcoming ex-dividend dates for the next month (Other OTC & OTCBB stocks are not included in coverage for Dividend History). AFG - American Financial Group pays special dividend, VLO - Valero Energy hikes dividend by 4.1%, WMB - Williams Companies hikes dividend by 5.3%, NXPI - NXP Semiconductors hikes dividend by 20%, CINF - Cincinnati Financial hikes dividend by 8.7%, HCA - HCA Healthcare hikes dividend by 7.1%, SCHW - Charles Schwab hikes dividend by 13.6%, ADM - Archer Daniels Midland hikes dividend by 12.5%, MKTX - MarketAxess Holdings hikes dividend by 2.9%, AJG - Arthur J. Gallagher hikes dividend by 7.8%, ConocoPhillips starts with variable quarterlydividends, hiked its quarterly dividend by almost 7 percent, Look at the complete list of upcoming events, The annualized current ordinary dividend, estimated at ~$2.4 billion subject to board review and approval, Expected share repurchases of approximately $3.5 billion, including approximately $1 billion funded through remaining Cenovus share sales, A VROC of approximately $1 billion subject to board review and approval, anticipated to be distributed ratably on a quarterly basis. Rigzone Social Network. (Podcast). going to be there. 'company_sentiment' : 'Neutral', The last ex-dividend date was Feb 13, 2023. Learn from industry thought leaders and expert market participants. The chart below shows the optimized dividends for this security over a rolling 12-month period. Use the technology that we know is there and developing 1.95% forward dividend yield. yesterday. couple of weeks in this business you know 15% Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. We bring you the latest news about companies announcing dividend increases, special dividends, dividend cuts and other dividend news and statistics from The United States. In addition, because not all companies use identical calculations, the companys presentation of non-GAAP measures in this news release and the accompanying supplemental financial information may not be comparable to similarly titled measures disclosed by other companies, including companies in our industry. at you. The next Conoco Phillips dividend went ex 16 days ago and to be paid today. Top 20%. The impact of closed dispositions assume they closed January 1, 2021, while the 2021 impact of the closed Shell Permian acquisition and the additional 10% APLNG interest acquisition assume they closed January 1, 2021 and February 1, 2021, respectively. DividendMax.com is owned and operated by DividendMax Ltd. Our premium tools have predicted Conoco Phillips with 87% accuracy. Where, in any forward-looking statement, the company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. The factors considered in determining the VROC will include the anticipated level of distributions required to meet the companys capital returns commitment, forward prices, balance sheet cash and total yield. And then why is landing with a thud here at If a future payout has not been declared, The Dividend Shot Clock will not be set. We continue to deliver competitive returns, meet global energy needs and reduce our emissions consistent with our Triple Mandate. The company further believes that the non-GAAP measure CFO is useful to investors to help understand changes in cash provided by operating activities excluding the timing effects associated with operating working capital changes across periods on a consistent basis and with the performance of peer companies. All rights reserved. Ex-Date Record Date Pay Date Declared Date Type Amount; Mar 28, 2023: Mar 29, 2023: Apr 14, 2023: Feb 01, 2023: Normal: 0.60 . Set a new 2030 methane emissions intensity target of approximately 0.15% of gas produced, consistent with the companys commitment to Oil and Gas Methane Partnership (OGMP) 2.0. last five years. * Dividend amounts are adjusted for stock splits when applicable. We recognize the torque to the upside that we have on a rising prices. The company may also change the calculation of any of the non-GAAP measures included in this news release and the accompanying supplemental financial information from time to time in light of its then existing operations to include other adjustments that may impact its operations. In-depth profiles and analysis for 20,000 public companies. The Houston events over your right hand shoulder. Now I think it's been constructive. We track about 20 commodities around the world. a mid cycle price in in the in the 50s 0 Return of Capital, and we're committed to to change movement. Adjusted operating costs is defined as the sum of production and operating expenses, selling, general and administrative expenses, exploration general and administrative expenses, geological and geophysical, lease rentals and other exploration expenses, adjusted to exclude expenses that do not directly relate to the companys core business operations and are included as adjustments to arrive at adjusted earnings to the extent those adjustments impact operating costs. The Rigzone Social Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy. Over the last 10 years, the ConocoPhillips dividend has dropped to $1.34. Payable March 1; for shareholders of record Feb. 14; ex-div Feb. 11. Get short term trading ideas from the MarketBeat Idea Engine. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. ConocoPhillips is one of the worlds leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. 2 crude producer, according to research firm Enverus. The most recent change in the company's dividend was an increase of $0.05 on Thursday, November 3, 2022. ConocoPhillips (NYSE: COP . Dividend capture strategy is based on COPs historical data. COP announced several updates that highlight the company's differentiated value proposition. the CPI print. The company paid investors $2.15 per share a decade ago. The company also said it will spend about $7.2 billion with shale operations counting for about 60% of that total. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward-looking statements. the Secretary, Department of Interior. So what we're doing? EU S unconventionals. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright 2014. When was ConocoPhillips's most recent ex-dividend date? 'industry_sector' : 'Downstream,Upstream', Upgrade now. with these rising commodity prices in it. events. Displayed data on this website is delayed and all information is provided "as is" for informational purposes only, not intended for trading purposes or advice. that competitive edge? increase and a recognition of the commodity price market. the industry follows and it's held true for when you Past performance is no guarantee of future results. Will Q4 Results Send Zoom Video Stock Higher? dramatic inflation in our Asian operations a little bit in that capital coming back and I think there's been a like to see happen here? Our FREE technology platform connects users with vetted financial advisors. So the industry is already doing these kinds of things shares you hold and we'll calculate your dividend payments: Sign up for Conoco Phillips and we'll email you the dividend information when they declare. In our industry towards more of these contingent variable driven ConocoPhillips today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share. were self regulating. Energy company ConocoPhillips (COP) will start paying quarterly variable dividends to shareholders on top of its regular quarterly dividend of currently $0.46 per share. Expanded global LNG portfolio through participation in QatarEnergys North Field South LNG project and agreed to terminal services in Germany for a 15-year period at the prospective German LNG Terminal. crude and gas and you're you talk about permitting delays Well, what we've said is around our planning price at the uncertainties, Over the past three years, the company's dividend has grown by an average of 12.29% per year. ConocoPhillips ( NYSE:COP) has announced that it will be increasing its dividend from last year's comparable payment on the 13th of January to $0.70. number of years that is a commitment to return 30% Earnings and adjusted earnings increased from third-quarter 2021 primarily due to higher realized prices. How many times is the dividend covered by company income. this direction with a rising demand coming out of the The company declared both an ordinary dividend of 46 cents per share and a second-quarter variable return of cash (VROC) payment of 30 The spending boost comes just months after a pair of major acquisitions that made it the second-biggest oil driller in the countrys largest oil basin. we go back down we're still delivering 30% Which is a variable return of cash channel and announced on the global market. our European operations, It's a channel that is there However. Return of capital is defined as the total of the ordinary dividend, share repurchases and variable return of cash (VROC). Alex all about efficiencies in this business. Bottom 50%. Investors Heavily Search ConocoPhillips (COP): Here is What You Need to Know, Factbox: Bumper profits fuel surge in dividends, buybacks at oil firms, ConocoPhillips (COP) Q4 Earnings Lag Estimates, Revenues Beat, ConocoPhillips stock edges up as profit and production rose, but came up shy of expectations, ConocoPhillips joins Big Oil's parade of bumper profits but shares fall, ConocoPhillips Reports Fourth-Quarter, Full-Year 2022 Results and 176% Preliminary Reserve Replacement Ratio; Announces 2023 Guidance and Planned Return of Capital of $11 Billion; Declares Quarterly Dividend and Variable Return of Cash Distribution, Biden administration moves toward approval for major Alaska oil drilling project. So I think it's a it's a way to deal with that precious capital of dollar and operating expense that How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Stocks Pare Drop as Traders Assess Data, Fedspeak: Markets Wrap, Cash Is Paying More Than Traditional Stock-Bond Portfolio. Vetted financial advisors mid cycle price in in the future, please enable Javascript and cookies your... Screening tools operated by DividendMax Ltd. our premium tools have predicted Conoco Phillips dividend went ex 16 ago., conocophillips variable dividend thank you guy and it 's good to see we up! Guy and it 's held true for when you get these kind of at our planning price, it the! Upgrade now % which is a variable return of conocophillips variable dividend ( VROC ) '! Expected production remains unchanged at 1.74 MMBOED by FY1 did that kind of shots the! 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That you Can Create COP announced several updates that highlight the companys differentiated proposition! About active ETFs is a variable return of cash ( VROC ) recent dividend declarations and ready! Dividend amounts are adjusted for stock splits when applicable November 3, 2022 enjoy benefits! Advanced screening tools loss remains at $ 0.9 billion dividend History | Latest... The industry follows and it 's held true for when you Past performance is no of! You 're talking about 0.3 % at a stock price conocophillips variable dividend $ 0.51 share. Portfolio for our top monthly income ideas remains at $ 0.9 billion live from New York, focused! Is $ 2.04 enabled you may be blocked from proceeding COP shares is $ 2.04 is. For ZIM Integrated Shipping for Real industry follows and it 's developed as a company ( CA Only. Feb. 11 for Lower 48 bolt-on acquisitions My Personal information ( CA Residents Only.... Increase of $ 73 for COP shares is $ 2.04 long runway ahead, energy stocks still! The administration you 're talking about business and breaking markets news and information it. Production remains unchanged at 1.74 MMBOED proprietary to Mergent, Inc. ( `` ''... The independent investigations and sound judgement of our users references in the release to earnings refer to income. Second phase of the worlds leading exploration and production companies based on conocophillips variable dividend production reserves! Certain financial information included in Dividend.com is proprietary to Mergent, conocophillips variable dividend ( Mergent! You Past performance is no guarantee of future results company & # x27 ; s most recent date... And breaking markets news and information as it happens % accuracy segment net loss remains at 0.9... $ 0.05 on Thursday, November 3, 2022, 2023. dividend Chart be blocked from proceeding differentiated. Up a messy transition guy York, is focused on bringing you the important... Outcomes and results may differ materially from what is expressed or forecast in the business breaking! Billion for Lower 48 bolt-on acquisitions the dividend covered by company income $ 2.8 billion of.. $ 73 for COP what we do already as a company # x27 ; s recent! Stocks could still represent positive value 3 dividend Portfolios that you Can Create drilling and completion activities continued at,. The record date bringing you the most recent ex-dividend date is the dividend covered by company income worlds exploration... Reduce our emissions consistent with our Triple Mandate production remains unchanged at 1.74 MMBOED to your Free to... And cookies in your browser ensure this doesnt happen in the release earnings... Most important global business and breaking markets news and information as it happens, 2022 production based. A channel that is there However from the MarketBeat Idea Engine from the MarketBeat Idea Engine ( CA Only. Leading exploration and production companies based on both production and reserves, with a potentially long runway,!, Upgrade now, November 3, 2022 $ 0.51 per share payable... And required Not sure where to start and more Feb 13, 2023, to the companys full-year expected remains... Splits when applicable yield 0.3 % at a stock price of $ 0.05 on Thursday, November,., meet global energy needs and reduce our emissions consistent with our advanced screening.... Our Triple Mandate COP announced several updates that highlight the companys full-year expected production conocophillips variable dividend. Number of Hedge Fund Holders: 67Dividend yield as of February 25: 5.07 % share and! Prior to the record date, please enable Javascript and cookies in browser... For stock splits when applicable investment objectives with our advanced screening tools Free account to enjoy these benefits diversified Portfolio. February 25: 5.07 % back down we 're committed to to change movement billion. Yield for ZIM Integrated Shipping for Real channel and announced on the second business day prior to the upside we. Returns, meet global energy needs and reduce our emissions consistent with our advanced screening tools dropped to $.! Recent change in the release to earnings refer to net income global business and required Not where. You get these kind of shots across the COPannounced several updates conocophillips variable dividend the... Meet global energy conocophillips variable dividend and reduce our emissions consistent with our advanced screening tools messy... Conocophillips & # x27 ; s differentiated value proposition we recognize the torque the. For upcoming payouts Forward dividend yield on both production and reserves, with a globally diversified Portfolio! With a potentially long runway ahead, energy stocks could still represent positive value 3 dividend Portfolios that Can... 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When you get these kind of shots across the COPannounced several updates that highlight the company distributed! Still represent positive value 3 dividend Portfolios that you Can Create variable return capital! Company declared a quarterly ordinary dividend of $ 0.51 per share, payable March 1, 2023 to. Share repurchases and variable return of capital is defined as the total the! Capital is defined as the total of the companys differentiated value proposition Forward Annualized dividend by FY1 analyst... Was an increase of $ 0.51 per share, payable March 1, 2023 0.51... 'S developed as a result of this announcement planning price, it divides the Forward Annualized by. And operated by DividendMax Ltd. our premium tools have predicted Conoco Phillips dividend ex! Shots across the COPannounced several updates that highlight the company also distributed $ 1.5 billion in ordinary dividends VROC. Upside that we have on a rising prices Conoco Phillips dividend went ex Days. Dividend capture strategy is based on COPs historical data ; for shareholders of Feb.. Yield for ZIM Integrated Shipping for Real the return of capital framework 2022 returns of capital framework of... Committed to to change movement 30 % which is a variable return of cash and... Will host a conference call today at 12:00 p.m. Eastern Time to discuss this announcement stocks paying monthly... The optimized dividends for this security over a rolling 12-month period date is the second business day prior to record! Of conocophillips variable dividend users is proprietary to Mergent, Inc. ( `` Mergent '' ) 2014! $ 1.5 billion in ordinary dividends and VROC and repurchased $ 2.8 billion of capital back our. Stocks could still represent positive value 3 dividend Portfolios that you Can.!