COP Dividend 2024 – ConocoPhillips Declares a Dividend of $0.58

COP Dividend 2024 – ConocoPhillips declares a dividend of $0.58. The COP Dividend 2024 record date is 19 Feb 2024 and the ex-dividend date is 15 Feb 2024. In a positive development for shareholders, ConocoPhillips has announced a generous interim dividend of $0.58 per equity share. The forward yield of ConocoPhillips is 2.07%. This demonstrates the company’s commitment to rewarding its investors while maintaining balance for future growth. This news has been met with enthusiasm, and it will be interesting to see how it impacts the company’s stock price in the upcoming trading sessions.

Investors who hold ConocoPhillips stocks are likely to benefit from this announcement as they will receive the dividend payout. ConocoPhillips’ dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.

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About ConocoPhillips

ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production.

ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

The market capitalization of ConocoPhillips is $133.37 B. It belongs to the energy sector. The current chairman of the company is Mr. Ryan M. Lance.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States and internationally.

ConocoPhillips Share Price

ConocoPhillips total revenue in Q1 FY2023 was $14.8B, in Q2 FY2023 $12.4B, and in Q3 FY2023 $14.3B.

ConocoPhillips net income in Q1 FY2023 was $2.9B, in Q2 FY2023 $2.2B, and in Q3 FY2023 $2.8B.

ConocoPhillips operating cash flow in FY20 was $4.8B, in FY21 $17.0B, and in FY22 $28.3B.

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COP Dividend 2024 Record Date – COP Dividend History

Dividend TypeAmountEx-Date
Regular$0.580011/13/2023
Special$0.60009/27/2023
Regular$0.51008/15/2023
Special$0.60006/26/2023
Regular$0.51005/15/2023
Dividend History

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COP SHARE PRICE TARGET 2024

The US share market is at its peak and most of the US stocks like ConocoPhillips have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for COP is expected to be $135.00 and the maximum price target for 2024 will be $140.00. With market conditions, the price target of ConocoPhillips may vary.

COP SHARE PRICE TARGET 2030

The US share market is at its peak and most of the US stocks like ConocoPhillips have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for COP is expected to be $200.00 and the maximum price target for 2024 will be $220.00. With market conditions, the price target of ConocoPhillips may vary.

Disclaimer

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