180 Wealth Advisors LLC increased stake in ConocoPhillips by 11.8%, purchasing 379 shares.

180 Wealth Advisors LLC increased its stake in ConocoPhillips by 11.8% in the second quarter, purchasing 379 shares. ConocoPhillips's earnings of $1.98 EPS surpassed the consensus estimate of $1.96 by $0.02. The company has a market cap of $129.13bn, a P/E ratio of 12.59, and a beta of 1.24. Institutional investors own 82.36% of ConocoPhillips's stock, with major investors such as Sachetta LLC, Cooksen Wealth LLC, and Cape Investment Advisory Inc. making changes to their positions. ConocoPhillips reported revenue of $14.14bn for the quarter, compared to analyst estimates of $14.96bn. The company declared a quarterly dividend of $0.58 per share, with an annualized dividend of $2.32 and a yield of 2.09%.

August 16, 2024
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