News & Events:COP

* Australia a safe supplier in geopolitical split. * Long dormant projects gain impetus. * Filling existing LNG plants gives cost advantage. * CCS projects to boost Australian LNG appeal. By Sonali Paul. Gas producers in Australia are dusting off plans for new projects as Asian customers fret over energy security following Russia's invasion of Ukraine and seek gas with lower carbon credentials.

Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year's punishing run of hostile investor votes tied to climate concerns, as those issues have been eclipsed by tight oil supplies. Major oil companies have handily defeated several high-profile climate resolutions brought by shareholder activists in the current run of annual general meetings.

Someone with a lot of money to spend has taken a bullish stance on ConocoPhillips. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year's punishing run of hostile investor votes tied to climate concerns, as those issues have been eclipsed by tight oil supplies. Major oil companies have handily defeated several high-profile climate resolutions brought by shareholder activists in the current run of annual general meetings.

Friday marks the last chance for investors to receive the next dividend payout from ConocoPhillips. The company announced on Thursday that it would pay shareholders a quarterly dividend of $0.46 per share. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday.

ConocoPhillips's short percent of float has fallen 13.27% since its last report. Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock.

ConocoPhillips (COP) shareholders on Tuesday did not support a proposal to include its customers' emissions to its greenhouse gas reduction targets, according to a preliminary tally of votes on the resolution. Only 39% of shareholders voted in favor of an environmental group's proposal for the company to set overall reductions targets aligned with the goals of the Paris Climate Agreement.

-ConocoPhillips (COP) shareholders on Tuesday did not support a proposal to include its customers' emissions to its greenhouse gas reduction targets, according to a preliminary tally of votes on the resolution. Only 39% of shareholders voted in favor of an environmental group's proposal for the company to set overall reductions targets aligned with the goals of the Paris Climate Agreement.

Shareholders of oil and gas producer ConocoPhillips (COP) on Tuesday did not support a proposal to include Scope 3 greenhouse gas emissions, or those generated by its products, in its emissions reduction targets, according to a preliminary tally of votes on the resolution. Only 39% of shareholders voted in favor of the motion, according to the tally.

Norwegian oil major Equinor (EQNR) said on Tuesday it had agreed to sell its 7.6% stake in Norway's giant Ekofisk field as well as a 19% stake in the Martin Linge field to private equity-backed Sval Energi. "The agreement includes a cash consideration of $1 billion and a contingent payment structure linked to realised oil and gas prices for both assets for 2022 and 2023," Equinor (EQNR) said in a statement.

ConocoPhillips (COP) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns, the first of an expected rush of new petroleum projects to be launched in Norway this year. Known as Eldfisk North, the development is part of the wider Ekofisk area, where ConocoPhillips (COP) has pumped hydrocarbons for more than 50 years.

ConocoPhillips (COP) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns, the first of an expected rush of new petroleum projects to be launched in Norway this year. Known as Eldfisk North, the development is part of the wider Ekofisk area, where ConocoPhillips (COP) has pumped hydrocarbons for more than 50 years.

ConocoPhillips (COP) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns, the U.S. petroleum company said. Known as Eldfisk North, the development is part of the wider Ekofisk area, where oil has been pumped for more than 50 years, and the new reserves are expected to come on stream in 2024, the company said.

Someone with a lot of money to spend has taken a bearish stance on ConocoPhillips. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

U.S. oil producer ConocoPhillips (COP) on Thursday reported a first-quarter profit that jumped five-fold and exceeded Wall Street estimates on higher energy prices and volumes. Conoco pledged to bump up shareholder returns by 25% to $10 billion this year but gave a weaker-than-expected outlook for full-year production while raising project spending.

  ConocoPhillips reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM. Here's what investors need to know about the announcement. ConocoPhillips beat estimated earnings by 9.0%, reporting an EPS of $3.27 versus an estimate of $3.0. Revenue was up $8.73 billion from the same period last year.

Conocophillips (COP): * REPORTS FIRST-QUARTER 2022 RESULTS; ANNOUNCES INCREASE IN PLANNED 2022 RETURN OF CAPITAL TO $10 BILLION AND DECLARES QUARTERLY DIVIDEND AND VARIABLE RETURN OF CASH DISTRIBUTION. * Q1 ADJUSTED EARNINGS PER SHARE $3.27 EXCLUDING ITEMS.

U.S. oil producer Conocophillips (COP) reported a higher first-quarter profit on Thursday, helped by a surge in crude prices following heavy sanctions on Russia after it invaded Ukraine. The Houston-based company's adjusted earnings rose to $4.29 billion, or $3.27 per share, in the quarter ended March 31, from $902 million, or 69 cents per share, a year earlier.

ConocoPhillips (COP) today reported first-quarter 2022 earnings of $5.8 billion, or $4.39 per share, compared with first-quarter 2021 earnings of $1.0 billion, or $0.75 per share. In addition, ConocoPhillips (COP) today announced a $2 billion increase in expected 2022 returns of capital to $10 billion.

Pre-open movers U.S. stock futures traded lower in early pre-market trade. The Challenger job-cut report for April is scheduled for release at 7:30 a.m. ET, while data on initial jobless claims for the latest week, nonfarm productivity and unit labor costs for the first quarter will be released at 8:30 a.m. ET.