ConocoPhillips-Marathon Synergy Will Boost Free Cash Flow And Stock Buyback: Analyst
ConocoPhillips-Marathon Synergy Will Boost Free Cash Flow And Stock Buyback: Analyst
Analysts expressed views on ConocoPhillips' (NYSE:COP) mixed third-quarter results.
分析师对康菲石油（纽交所：COP）第三季度的业绩表现出不同看法。
On Thursday, ConocoPhillips reported an adjusted EPS of $1.78, beating estimates; revenue of $13.6 billion vs. $14 billion expected.
周四，康菲石油报告调整后每股收益为1.78美元，超出预期；营业收入为136亿美元，预期为140亿美元。
The company boosted its quarterly dividend by 34% to $0.78/share. The company raised the outlook for FY24 production to 1.94-1.95 MMBOED (from 1.93 to 1.94 MMBOED).
该公司将季度股息提高了34%，至0.78美元/股。该公司将FY24年产量展望提高至1.94-1.95 MMBOED（从1.93到1.94 MMBOED）。
Truist Securities analyst Neal Dingmann expects pro forma FCF to rise substantially due to strong organic performance and additional cash flow from Marathon Oil. The analyst reiterated the Buy rating and $138 price target on COP.
Truist证券分析师Neal Dingmann预计，由于强劲的有机业绩和来自马拉松石油的额外现金流，Pro Forma FCF将大幅增长。该分析师重申了对COP的买入评级和138美元的目标价。
With stable prices, ConocoPhillips could potentially repurchase nearly all shares issued to MRO within 6-7 quarters, assuming the dividend remains steady and debt repayment is deprioritized, given the company's strong balance sheet, adds the analyst.
在稳定的价格下，康菲石油有望在6-7个季度内回购几乎所有已发行给MRO的股份，假设股息保持稳定且债务偿还受到次要优先考虑，鉴于公司强劲的资产负债表，分析师补充道。
The analyst says that ConocoPhillips' FCF is anticipated to be driven by a balanced portfolio, including Lower 48 activities, LNG projects, and Alaskan operations.
分析师表示，康菲石油的FCF料将受到平衡组合的推动，包括Lower 48项目、LNG项目和阿拉斯加运营。
Dingmann revised EBITDAX estimates to $24.988 billion (from $24.719 billion) vs. consensus of $24.443 billion for 2024 and $33.208 billion (from $33.745 billion) vs. estimate of $27.939 billion for 2025.
Dingmann将2024年EBITDAX预估修订为249.88亿美元（从247.19亿美元），而共识为244.43亿美元；2025年为332.08亿美元（从337.45亿美元），而估计为279.39亿美元。
Scotiabank analyst Paul Y.Cheng expects ConocoPhillips' (Sector Perform, $115 price target) third-quarter 2024 results to positively influence its near-term share price performance.
Scotiabank分析师Paul Y. Cheng预计，康菲石油（板块表现，115美元目标价）2024年第三季度的业绩将对其近期股价表现产生积极影响。
The analyst estimates adjusted EPS of $7.40 and EBITDA of $22.912 billion in 2024.
分析师预计2024年调整后每股收益为7.40美元，EBITDA为229.12亿美元。
Investors can gain exposure to the COP stock via Texas Capital Funds Trust Texas Capital Texas Oil Index ETF (NYSE:OILT) and IShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO).
投资者可以通过Texas Capital Funds Trust Texas Capital Texas Oil Index ETF（纽交所：OILT）和iShares美国石油和天然气勘探开发ETF（BATS：IEO）获得对COP股票的暴露。
Price Action: COP shares are down 1.66% at $107.71 at the last check Thursday.
股价走势：康菲石油股票在上周四最后一次检查时下跌1.66%，报107.71美元。
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