COP
$126.92+0.90 (+0.71%)
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.
Recent News
Big Oil Flocks to Alaska in Record-Setting Petroleum Lease Sale
The first lease sale in the National Petroleum Reserve-Alaska in seven years became the most successful auction in the area ever
ConocoPhillips Buyout Move In Otway Basin Meets Strong COP Share Momentum
ConocoPhillips Australia has issued a buyout notice to 3D Energi for its 20% interest in the offshore VIC/P79 exploration permit. The move follows alleged defaults by 3D Energi under the joint operating agreement and triggers a process to determine fair market value for the stake. If ConocoPhillips proceeds with the buyout, it could obtain full control of the VIC/P79 asset in the Otway Basin. For investors tracking NYSE:COP, this development sits against a backdrop of solid recent stock...
Qatar's energy boss says he had warned of dangers of provoking Iran
DUBAI, March 20 (Reuters) - As Qatar reels from an Iranian attack that has hobbled its giant natural gas company, its boss, who doubles as the country's energy minister, says he had warned officials and executives of just such a danger should Iran's own sites be hit. "I was always warning, talking to executives from oil and gas that are partnered with us, talking to the U.
ConocoPhillips (COP) Valuation Check After Higher Oil Price Assumptions And Middle East Supply Risks
Several major banks recently updated their oil price assumptions following the Iran war and rising uncertainty around the Strait of Hormuz. As a result, ConocoPhillips (COP) is squarely in focus as investors reassess exposure to producers. See our latest analysis for ConocoPhillips. Those higher oil price assumptions have coincided with strong share price momentum for ConocoPhillips, with a 30.3% year to date share price return and a 27.4% total shareholder return over the past year. This...
U.S. oil producers could get $63 billion boost from high crude prices
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.