|Day Low/High||47.10 / 48.24|
|52 Wk Low/High||31.82 / 53.17|
President Trump signed a resolution rolling back a rule requiring energy companies to disclose payments to foreign governments aimed at curbing bribery.
Meanwhile, OPEC continues to cut production.
ConocoPhillips' (NYSE: COP) wholly owned subsidiary, Burlington Resources Inc.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, ConocoPhillips has taken over the #105 spot from PVH Corp , according to ETF Channel. Below is a chart of ConocoPhillips versus PVH Corp plotting their respective rank within the S&P 500 over time (COP plotted in blue; PVH plotted in green): In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages.
The oil rig count climbs by 17 this week, while gas producers did not bring any additional rigs online.
The Senate voted in favor of a resolution to repeal a regulation requiring energy companies to disclose payments made to foreign governments, sending it to President Trump's desk.
Analysts were calling for a loss of 41 cents a share on revenue of $7.35 billion for the fiscal fourth quarter.
ConocoPhillips (NYSE: COP) today reported a fourth-quarter 2016 net loss of $35 million, or ($0.
Domestic crude stockpiles saw a larger-than-expected build for the previous week, but refiners trim output.
ConocoPhillips (NYSE: COP) today announced that its board of directors has raised the company's quarterly dividend to 26.
Better focus on upcoming earnings.
Saudi Arabian Oil Company has reportedly hired Gaffney, Cline and Associates to assess its oil reserves ahead of its initial public offering.
Oil producers brought 15 rigs online, while the gas rig count climbed by three -- 10 of those were added in the prolific Permian basin.
The company is expected to post earnings of 64 cents per share on $36.9 billion in sales Friday before the bell.
Domestic crude inventories rose for the third consecutive week as U.S. production rises amid OPEC production cuts.
Baker Hughes reports that of the 35 rigs brought online this week, 13 rigs were added in the oil-rich Permian Basin.
COP remains inside a tight range, but an upside breakout could be brewing.
Energy producer ConocoPhillips has ridden the energy sector rally to unsustainable heights. Here's why you should jettison or sell short the stock immediately.
ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Feb.
BMO Captial Markets downgrades Occidental to Market Perform, citing no further upside to the valuation.
Domestic crude stockpiles increased by 4.1 million barrels less than two weeks after OPEC initiated production cuts to rebalance the global oil market.
The S&P 500 rose about 2% in December as the Trump rally rolled on, but that didn't stop individual investors from locking in gains according to a TD Ameritrade index.
Oil prices fall despite domestic crude inventories declining by 7.1 million barrels for the week ending Dec. 30, 2016.
Domestic crude inventories increased for the second week in a row as the Organization of Petroleum Exporting Countries readies for output cuts.
The president-elect faces big challenge in reversing Obama's ban on drilling in the Arctic and parts of the Atlantic.
Koch Oil Sands Operating cites economic and regulatory uncertainties as the reason it wants out of its Muskwa oil sands project.
I am confident that the bottom is in and that downside is limited.