Posts

Showing posts with the label ConocoPhillips

Oil In My Pocket

Image
The Buy On August 5th I bought 12 shares of ConocoPhillips at $80 or an initial yield of 3.65%.  After my review of COP and looking at my alternatives I decided this was a good buy for the price.  This purchase will increase my annual revenue by a good $35 dollars.  This brings my number of positions up to lucky number 13 in my taxable account.  While I did not have enough cash from July I do have some cash saved from earlier in the year to use for the next couple of months.  When that runs out hopefully I will have my budget in better shape and have saved more. COP ConocoPhillips is a major international company in the energy field.  Their diversification in the many areas of energy production and transportation play well nicely with the energy companies I already hold.  This I my first energy conglomerate while the others I hold are more specialized.  Dividend Life did a compare on the stability of the dividend vs. XOM.  XOM won...

Analysis of ConocoPhillips (COP)

Image
Dividend Family Guy Ranking of ConocoPhillips (COP) 6/543 ConocoPhillips is a major multinational energy company sitting on a hefty market cap of 99 Billion Dollars and about $7.5 billion in cash.  Gee that is allot of money.  No wonder energy companies always seem to land in my top ten each month.  I had meant to write this earlier today but as luck would have it I worked an 11 hour day on an emergency.  As always as a busy family man I try to do my analysis when I have time and withing a 1 hour time box. Value The value rank of COP landed in at 100/543.    That has slightly improved since I did my screen at the beginning of the month.  But since my screen is based on the U.S.DividendChampions spreadsheet I am sticking with it.  The improvement takes place in the trailing twelve months price-to-earnings ratio.  It was at 12.67 but is now sitting at 12.4 at the time of this writing.  This has been steadily declining over t...

Investment Disclaimer

This webpage is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any security. If you have any questions please feel free to contact me at dividendfamilyguy at gmail dot com.