ConocoPhillips (NYSE:COP) will release earnings results for the first quarter, before the opening bell on Thursday, May 8.

Analysts expect the Houston-based company to report quarterly earnings at $2.05 per share, up from $2.03 per share in the year-ago period. ConocoPhillips projects to report quarterly revenue at $15.91 billion, compared to $14.48 billion a year earlier, according to data from Benzinga Pro.

On April 29, Bank of America Securities analyst Kalei Akamine downgraded the rating for ConocoPhillips from Buy to Neutral and lowered the price target from $138 to $107.

With the recent buzz around ConocoPhillips, some investors may be eyeing potential gains from the company’s dividends. As of now, ConocoPhillips offers an annual dividend yield of 3.56% — a quarterly dividend of 78 …

Full story available on Benzinga.com

ConocoPhillips (NYSE:COP) will release earnings results for the first quarter, before the opening bell on Thursday, May 8.

Analysts expect the Houston-based company to report quarterly earnings at $2.05 per share, up from $2.03 per share in the year-ago period. ConocoPhillips projects to report quarterly revenue at $15.91 billion, compared to $14.48 billion a year earlier, according to data from Benzinga Pro.

On April 29, Bank of America Securities analyst Kalei Akamine downgraded the rating for ConocoPhillips from Buy to Neutral and lowered the price target from $138 to $107.

With the recent buzz around ConocoPhillips, some investors may be eyeing potential gains from the company’s dividends. As of now, ConocoPhillips offers an annual dividend yield of 3.56% — a quarterly dividend of 78 …

Full story available on Benzinga.com

 ConocoPhillips (NYSE:COP) will release earnings results for the first quarter, before the opening bell on Thursday, May 8.
Analysts expect the Houston-based company to report quarterly earnings at $2.05 per share, up from $2.03 per share in the year-ago period. ConocoPhillips projects to report quarterly revenue at $15.91 billion, compared to $14.48 billion a year earlier, according to data from Benzinga Pro.
On April 29, Bank of America Securities analyst Kalei Akamine downgraded the rating for ConocoPhillips from Buy to Neutral and lowered the price target from $138 to $107.
With the recent buzz around ConocoPhillips, some investors may be eyeing potential gains from the company’s dividends. As of now, ConocoPhillips offers an annual dividend yield of 3.56% — a quarterly dividend of 78 …Full story available on Benzinga.com   Read More$500 Dividend, COP, dividend yield, dividends, Earnings, Long Ideas, News, Stories That Matter, Markets, Trading Ideas, COP, US20825C1045, Long Ideas, News, Earnings, Markets, Trading Ideas, Benzinga Markets