Conoco Phillips

With the cost of crude oil on the rise, will it reach the wild price of $100 a barrel?

With nearly 100 percent gains YTD, natural gas has become one of the top-performing commodities in 2021. What are the best natural gas stocks to buy now?

The availability of takeaway capacity from the Bakken can affect producers’ earnings.

ConocoPhillips’s (COP) total production volume in 2015 was 1,589 Mboe/d excluding Libya. This represents a 5% year-over-year growth after adjusting for asset dispositions and downtime.

In terms of profitability, OXY has the highest profit margins amongst its peers at 24.2%. OXY also has one of the highest dividend yields at 2.85%.

Since ConocoPhillips (COP) reported its fourth-quarter earnings results on January 31, the stock has fallen 1.7%.

For the second quarter, EOG Resources expects total production in the range of 670.3–706.2 Mboepd (thousand barrels of oil equivalent per day).

For 1Q16, Denbury Resources (DNR) reported an adjusted EBITDA of ~$105 million with an EBITDA margin of ~40%. Its EBITDA margin is only ~20% lower.

For 1Q18, ConocoPhillips (COP) reported revenues of ~$9.0 billion—higher than analysts’ consensus of ~$8.8 billion.

The WTI-Brent spread remained relatively unchanged last week, but has closed in significantly since year-end 2012.

Investors may be seeing a lot of reports about rising US LNG (liquefied natural gas) exports. Let’s review the basics of LNG.

The PCE price index is the Federal Reserve’s preferred measure of inflation because it covers the broadest set of goods and services.

Stock performance In this article, we’ll discuss the year-to-date (YTD) stock performance of ConocoPhillips (COP), Devon Energy (DVN), Occidental Petroleum (OXY), Anadarko Petroleum (APC), and EOG Resources (EOG), which reported the highest revenue among upstream companies in fiscal 2017. Outliers and underperformers The above image shows that ConocoPhillips (COP) is the outlier among peers. YoY […]

In 2013, Phillips 66 generated 67%, 13%, and 6% of its revenues from the United States, the United Kingdom, and Germany, respectively. The company’s other foreign operations contributed ~16%.

The simple moving average (or SMA) is an average of the closing price of a stock over a specified number of periods. The moving average smooths the short-term fluctuations in the stock prices.

Kinder Morgan Energy Partners plans several major Eagle Ford joint ventures and projects that could reach almost $900 million in expenditures if company reports are to be believed.

Analysts had expected a drop of 1.5 million barrels (mmbbls) in crude inventories last week. The following parts will cover actual changes in inventories.

U.S. crude oil refinery inputs averaged 15.2 million barrels per day during the week ending October 17. Input levels were 113,000 bpd less than the previous week’s average.

High market share gives OPEC bargaining power to price oil above a competitive market. It can sway crude oil prices by increasing or decreasing production.

Recent consensus says the production cost of crude oil could range from $20 to $25 per barrel.

To understand the US energy sector, it’s essential first to understand the country’s energy needs. The US uses various energy sources to meet its energy needs.

Several factors contributed to the rising crude oil exports in 2018.

OPEC (the Organisation of the Petroleum Exporting Countries) aims to “coordinate and unify the petroleum policies of its Member Countries.”

So far in this series, we’ve looked at institutional investments in five major oil-weighted E&P (exploration and production) stocks: ConocoPhillips (COP), EOG Resources (EOG), Occidental Petroleum (OXY), Anadarko Petroleum (APC), and Pioneer Natural Resources (PXD).

On July 11, ConocoPhillips (COP) announced a dividend of $0.285 per share on its common stock.

ConocoPhillips’s stock performance As we saw in the previous part of this series, ConocoPhillips’s (COP) stock price rose ~2% in the week ended March 9, while crude oil (UWT) (SCO) (DWT) rose ~1%, suggesting that COP stock followed crude oil. In this part, we’ll try to quantify this correlation between COP stock and crude oil. ConocoPhillips’s stock […]

Sequentially, Southwestern Energy’s 4Q17 production is ~3% higher compared to its production of 232 Bcfe in 3Q17.

As of March 1, 2018, a total of 34 analysts have made recommendations on EOG Resources (EOG) stock, according to Reuters.

Free cash flow (or FCF) is an important metric for the crude oil (USO) and natural gas (UNG) production (or upstream) sector.

On a year-over-year basis, OXY’s 3Q17 operating cash flow was ~65% higher than the ~$650 million it generated in 3Q16.

Short interest in COP On August 14, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~33.4 million, while its average daily volume was ~8.02 million. This means the short interest ratio for COP’s stock was ~4.6x. COP’s average daily volume is calculated for the short interest reporting period from August 1, 2017, […]

A Reuters survey estimated that US crude oil inventories would fall 3.5 MMbbls between August 11, 2017, and August 18, 2017.

Year-to-date, Encana’s (ECA) stock has fallen ~19% to $9.53. The stock is trading below its 50-week and 200-week moving averages.

As of July 31, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) was ~31.6 million, and its average daily volume was ~8.0 million.

As of July 14, 2017, Southwestern Energy’s (SWN) total shares shorted (or short interest) stood at ~49.5 million, whereas its average daily volume was ~18.4 million.

As of July 28, 2017, 43.48% of the total Wall Street analysts covering ConocoPhillips (COP) have a “hold” recommendation on ConocoPhillips.

As of July 14, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~31.48 million, whereas its average daily volume is ~5.91 million.

On March 31, 2017, 1,282 13F filers held ConocoPhillips (COP) stock in their portfolios. However, only 19 filers featured COP in their top ten holdings.

What is the operating netback? The operating netback (also referred as production netback) is oil and gas revenue realized per boe (barrel of oil equivalent) after all costs to bring one boe to the market are subtracted from the realized price. The operating netback is derived by subtracting production expenses (or field operating expenses), production taxes, […]

In 1Q17, Devon Energy’s (DVN) reported operating netback was ~$16.68 per boe (barrel of oil equivalent), which is ~178% higher than in 1Q16.

For 1Q17, Devon Energy (DVN) reported total production of 563 MBoepd, which is ~18% lower when compared with 1Q16.

In the last two weeks, the stock of ConocoPhillips (COP), a crude oil (USO) and natural gas (UNG) producer, has outperformed crude oil prices.

In 3Q16, ConocoPhillips (COP) reported lifting costs of ~$11.78 per boe (barrel of oil equivalent), which is ~17.0% lower than 3Q15.

In 2Q16, Marathon Oil (MRO) reported an operating netback of ~$13.45 per boe (barrel of oil equivalent), which is ~41% lower than in 2Q15.

Since 2014, ConocoPhillips (COP) has been focusing on reducing its break-even price.

In this series, we’ll take a look at the effect of declining natural gas prices on Encana. We’ll also cover its May 17 Presentation for Investors on its Montney Resource Play.

A rise in the ratio can be correlated the corresponding rise in gold prices. An increase in the ratio indicates that gold is more expensive than crude oil.

Since July 2011, the S&P 500 Index has gained about 62% and touched its high of 2130 in July 2015. During the same period, gold (GLD) has lost about 92%.

China and the United States are the largest crude oil importers in the world. In 2015, they consumed about 30.5 MMbpd (million barrels per day) of crude oil and liquid fuels, per the EIA.

OPEC has estimated that the road transportation sector will account for one-third of the global crude oil demand growth between 2014 and 2040.