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An acquisition-fueled uplift expected in 2025. Matt DiLallo (ConocoPhillips): ConocoPhillips closed its $22.5 billion acquisition of Marathon Oil at the end of November. The company expects that ...
So versus 2024 capital spend, we plan to reduce the combined ConocoPhillips and Marathon program by at least $500 million in 2025. Now, these reductions come primarily from Eagle Ford and Bakken.
And, thus, ConocoPhillips' stock price has been heading lower, too. It's almost as if the Marathon Oil acquisition didn't matter to investors. COP Chart. COP data by YCharts.
Priced at 14.8 times trailing earnings, ExxonMobil stock is the most expensive of the three. ConocoPhillips stock costs only 12.2 times earnings, while Shell is the cheapest of the three at just a ...
Here's a complete rundown of Wall Street's 2025 predictions. The stock market has been on a tear since its October 12, 2022 bottom, with the S&P 500 and Nasdaq 100 up 70% and 101%, respectively.
The last couple of years have been strong for the stock market, with the S&P 500 (SNPINDEX: ^GSPC) surging by just over 70% since late 2022, as of this writing. Just over 30% of U.S. investors are ...
This puts Belski's forecast for returns in 2025 at 9.8%, right in line with the index's average historical gain. Wilson's 12-month target represents a nearly 11% increase for the benchmark index ...
Dividend boost: ConocoPhillips raised the quarterly dividend per share by 34% to $0.78, payable on December 2, 2024, to stockholders of record as of November 11, 2024.
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