Why ConocoPhillips Oil Stock Popped Today [Yahoo! Finance]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
conocophillips.com/investor-relations/investor-presentations
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Source: Yahoo! Finance
major in light of an ongoing trade war and recent declines in oil prices. On Wednesday, however, Conoco stock perked back up, rising a modest 2.3%, and indeed, recovering all of yesterday's losses. And why? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Because oil prices are going back up. As OilPrice.com reports, oil inventories rose by 500,000 barrels last week, which bodes ill for oil prices (the laws of supply and demand being what they are). However, the U.S. Energy Information Administration notes that while crude supplies are up, inventories of gasoline and middle distillates (such as diesel and kerosene) are both down -- about 2 million barrels each. Investors are reacting to the mixed news by bidding oil prices higher on Wednesday. At last report, WTI crude oil prices had risen 2% to roughly $62.60 a barrel, and Brent Crude was up nearly as much, 1.9%, at just under $66 a barrel
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COP
News
- ConocoPhillips (NYSE:COP) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- ConocoPhillips (NYSE:COP) was given a new $121.00 price target on by analysts at Mizuho.MarketBeat
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COP
Earnings
- 11/6/25 - Beat
COP
Sec Filings
- 12/3/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- COP's page on the SEC website