ConocoPhillips Scooping Up Marathon Oil In $22.5 Billion Deal
Investor's Business Daily · 8 minutes ago
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1.98%
- Dividend Yield 1.98% Annual Dividend $2.32
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13 hours ago · ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction. Independent of the transaction, ConocoPhillips expects to increase its ordinary base dividend by 34% to 78 cents per share starting in the fourth quarter of 2024.
- 115.75Add to watchlist-3.21 (-2.70%)As of Wed. May 29, 2024 9:50 AM EDT · Nasdaq Real Time Price (USD) · Market open
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4 days ago · ConocoPhillips's next quarterly dividend payment of $0.78 per share will be made to shareholders on Monday, June 3, 2024. When was ConocoPhillips's most recent dividend payment? ConocoPhillips's most recent quarterly dividend payment of $0.78 per share was made to shareholders on Friday, March 1, 2024.
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- What is ConocoPhillips's dividend yield?The current dividend yield for ConocoPhillips is 1.99%. Learn more on COP's dividend yield history.
- How much is ConocoPhillips's annual dividend?The annual dividend for COP shares is $2.32. Learn more on COP's annual dividend history.
- How often does ConocoPhillips pay dividends?ConocoPhillips pays quarterly dividends to shareholders.
- When was ConocoPhillips's most recent dividend payment?ConocoPhillips's most recent quarterly dividend payment of $0.58 per share was made to shareholders on Friday, December 1, 2023.
- When was ConocoPhillips's most recent ex-dividend date?ConocoPhillips's most recent ex-dividend date was Monday, November 13, 2023.
- Is ConocoPhillips's dividend growing?Over the past three years, the company's dividend has grown by an average of 7.68% per year.
- What track record does ConocoPhillips have of raising its dividend?ConocoPhillips has increased its dividend for the past 7 consecutive years.
- When did ConocoPhillips last increase or decrease its dividend?The most recent change in the company's dividend was an increase of $0.07 on Thursday, November 2, 2023.
- What is ConocoPhillips's dividend payout ratio?The dividend payout ratio for COP is: 25.36% based on the trailing year of earnings 25.78% based on this year's estimates 20.19% based on next y...
13 hours ago · Under the terms of the agreement, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock, representing a 14.7% premium to ...
1 hour ago · Separate from the transaction, ConocoPhillips said that it anticipates raising its ordinary dividend by 34% to 78 cents per share starting in the fourth quarter. The company said that once the Marathon Oil deal closes and assuming recent commodity prices, ConocoPhillips plans to buy back more than $7 billion in shares in the first full year.
2 hours ago · ConocoPhillips also said it expects to increase its ordinary base dividend by 34% to $0.78/share starting in Q4, and plans more than $20B in stock buybacks in the first three years following the ...
13 hours ago · ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive profits. The deal announced Wednesday is ...
13 hours ago · ConocoPhillips to acquire Marathon Oil in an all-stock deal valued at $22.5 billion, closing in Q4 2024. MRO shareholders receive 0.2550 COP shares per MRO share, representing a 14.7% premium to ...
