FINWIRES · TerminalLIVE
FINWIRES
ConocoPhillips

ConocoPhillips

$COP
NYSEEnergy

111 stories mentioning ConocoPhillipsUpdated 2d ago

An oil producer pressured as crude fell on diplomatic progress with Iran, with Libya's refinery restart and a possible Norway offshore strike in the mix.

Wire

ConocoPhillips' Drilling Rigs Expansion to Ramp Production in 2027, RBC Capital Markets Says

ConocoPhillips (COP) will add drilling rigs to sustain operational efficiencies, given the duration of Permian inventory, which should ramp production starting in 2027, RBC Capital Markets said in a note Sunday.The company likely has two decades of inventory that can grow Permian production at a low-to-mid single digit rate, the brokerage said. Performance in Q1 was better than expected while impacts to offline production in Qatar were largely offset by higher commodity prices, analysts wrote.The company now expects oil demand to remain flat in 2026, compared with prior outlook of growth. RBC said it expects 2026 and 2027 free cash flow of $14.06 billion and $13.78 billion, respectively.The brokerage has an outperform rating on the stock and price target of $152 per share.Shares of ConocoPhillips were up more than 1% in Monday trading.Price: $124.74, Change: $+1.55, Percent Change: +1.26%

$COP
Oil & Energy

Market Chatter: Oil Markets Likely to Pivot Higher as Reserves Dwindle With Hormuz Strait Closed

Crude oil markets may be on the verge of pivoting towards a period of sustained higher prices with the Strait of Hormuz now closed for more than two months, some of America's biggest oil companies are warning, Bloomberg reported on Friday.Global stockpiles, strategic reserves and volumes stored on vessels before Feb. 28 -- the start of Iran war -- are now steadily being used up, according to Exxon Mobil (XOM), Chevron (CVX) and ConocoPhillips (COP).These supplies have been providing a buffer against higher prices in the last two months but are now running low, said Chevron Chief Financial Officer Eimear Bonner in an interview on Friday with Bloomberg TV."A lot of the inventory and spare capacity has been depleted already," Bonner said. "There's very little of the buffer left."Bloomberg notes that at just above $100 per barrel, oil prices are far from record levels, even with a key through-route for about a fifth of the world's oil and gas closed for now more than two months.When current reserves run out, prices are likely to reflect the increased imbalance between supply and demand quite quickly, said Exxon CEO Darren Woods on a call with analysts on Friday, Bloomberg reported."It's obvious to most that if you look at the unprecedented disruption and the world's supply of oil and natural gas, the market hasn't seen the full impact of that yet," he said. "There's more to come if the strait remains closed."ConocoPhillips Chief Financial Officer Andy O'Brien describes the increases in oil prices since the global energy crisis began as merely a "grace period" because ships that crossed the Strait of Hormuz took weeks more to deliver their cargoes, buffering the supply impact.Crude markets have been in a "grace period" since late February until now because ships loaded before the war take weeks to complete their journeys and so have still been delivering cargoes, O'Brien said on a call with analysts Thursday."Now, all of those have reached their destination," he said. "The impacts of the lost supply is going to start to become more apparent," he said, predicting that "critical shortages" would appear in import-dependent countries by June or July.The Bloomberg article made reference to a JPMorgan Chase (JPM) note by analyst Natasha Kaneva which said that developed countries would fall to their lowest ever by September if the strait remains closed and force consumption lower.has contacted the three oil companies to confirm the comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$COP$CVX$JPM$XOM
Equities

Big Oil Warns of Further Price Surge as Hormuz Disruption Drains Buffers

Exxon Mobil (XOM), Chevron (CVX) and ConocoPhillips (COP) have warned that global energy markets may face further price increases as supply buffers are rapidly being depleted amid the ongoing Strait of Hormuz disruption, Bloomberg reported on Friday.Executives said inventories, strategic reserves and floating storage have helped cushion prices so far, but those supplies are now running low, reducing the market's ability to absorb prolonged supply shocks.Chevron's CFO told Bloomberg that much of the spare capacity has already been used, leaving limited leeway if the disruption continues, while Exxon's CEO warned markets have yet to fully reflect the scale of the supply hit.With roughly a fifth of global oil and LNG flows typically passing through the strait, companies indicated that a prolonged closure could push crude prices significantly higher.

$COP$CVX$XOM
Commodities

Midstream Stocks Climb on Permian Strength, Export Demand Outlook, RBC Says

Midstream energy firms are set for a busy earnings week after a strong run in the sector, with rising oil prices and robust volumes underpinning investor optimism, RBC Capital Markets strategists said in a note on Friday.RBC said the Alerian Midstream Index climbed 4.3% in the week ended Apr. 30, outperforming the broader S&P 500, which rose 1.4%. Year-to-date, the AMZ is up 19.5%, significantly ahead of the S&P 500's 5.3% gain.Though the sector has also outpaced defensive segments such as utilities, RBC said it continues to lag upstream oilfield services and exploration and production companies.Crude prices provided a tailwind, with front-month West Texas Intermediate futures rising about 10% during the week to around $105 per barrel, while US natural gas benchmark Henry Hub gained about 6% to $2.77 per MMBtu.Targa Resources led weekly gains, climbing 8.4% as investors responded to higher crude prices and improving dynamics in the Permian Basin.Rising gas-oil ratios in the region, highlighted in Enterprise Products Partners LP's earnings, are boosting demand for processing and takeaway capacity, RBC said.The bank said additional capital spending by ConocoPhillips (COP) in the Delaware Basin has also reinforced expectations for incremental activity, supporting Targa's growth outlook.Valuations remain elevated but supported by earnings visibility. RBC estimates the midstream universe is trading at about 10.2 times enterprise value to 2027 EBITDA, suggesting investors are willing to pay a premium for stable cash flows and exposure to rising US hydrocarbon exports.Meanwhile, RBC said recent earnings have reinforced that narrative. Enterprise Products Partners (EPD) beat expectations on stronger volumes and gains in natural gas marketing, while Oneok (OKE) raised its 2026 adjusted EBITDA guidance following a Q1 beat and a more constructive outlook for volumes.RBC analysts say export demand, partly driven by disruptions in the Middle East, could provide an additional tailwind for companies with Gulf Coast exposure, including Targa and Energy Transfer.Price: $123.80, Change: $-1.98, Percent Change: -1.57%

$COP$OKE
Research

Research Alert: CFRA Keeps Hold Opinion On Shares Of Conocophillips

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price of $128, raised $11, reflects a combination of relative valuation and DCF model analyses. On a relative basis, we apply a 5.5x multiple of enterprise value to projected 2027 EBITDA, about in line with COP's historical forward average. This approach yields a value of $100 per share. Meanwhile, our DCF model, applying medium-term free cash flow growth of 5%, terminal value of 2.5%, discounted at a WACC of 6.1%, yields intrinsic value of $156 per share. We lift our 2026 EPS estimate by $3.40 to $8.51 and 2027's by $0.14 to $7.31. COP should benefit in the near term from the rise in crude oil prices, although we see more risk in 2027 given the potential for a 2026 price spike to weigh on the global economy. The Willow project in Alaska is still on track for first oil in 2029, and could be coming at a welcome time.

$COP
Wire

Susquehanna Adjusts ConocoPhillips Price Target to $152 From $149

ConocoPhillips (COP) has an average rating of overweight and mean price target of $141.30, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $123.54, Change: $-2.24, Percent Change: -1.78%

$COP
Commodities

Market Chatter: BP Explores Sale of UK North Sea Assets Under New CEO's Disposal Drive

BP (BP) is reviewing its presence in the UK North Sea and considering a sale of part or all of its operations in the basin, as the energy giant seeks to streamline its portfolio and slash debt, Bloomberg reported on Friday, citing industry sources.The company is conducting an internal review of its UK upstream operations, with a full divestment of its remaining oil and gas assets in the region projected to fetch about 2 billion British pounds ($2.7 billion).The review is ongoing, and no final decision has been made on whether to proceed with a divestment, the report said.The London-listed energy firm remains one of the few oil majors still operating in the aging basin. Its evaluation comes as rivals continue to exit or scale back their presence in the region.Chevron (CVX) and ConocoPhillips (COP) recently sold off their North Sea assets, while Shell (SHEL), Exxon Mobil (XOM), and TotalEnergies (TTE) have moved to restructure or divest portions of their holdings, often through joint venture agreements.BP did not respond to' request for comments.BP has reduced its footprint in the UK North Sea over the past decade, including by selling its stake in the Shearwater field to Shell and divesting the Forties pipeline system to Ineos Group Holdings.The oil firm retains a 45% interest in the Clair field, the largest oilfield on the UK Continental Shelf.Plans to dispose of additional assets could rank among the first strategic moves under CEO Meg O'Neill, who took the helm in April as the company's first external appointee.O'Neill and Chairman Albert Manifold vowed to address years of underperformance, which have drawn pressure from activist investor Elliott Investment Management and led to the departure of former CEO Murray Auchincloss.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $46.55, Change: $-0.84, Percent Change: -1.76%

$BP$COP$CVX$SHEL$TTE
Wire

Barclays Adjusts Price Target on ConocoPhillips to $136 From $128

ConocoPhillips (COP) has an average rating of overweight and mean price target of $141.30, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $123.74, Change: $-2.05, Percent Change: -1.63%

$COP
Oil & Energy

ConocoPhillips Reports Q1 2026 Production Declines

ConocoPhillips (COP) on Thursday reported a decline over the year in Q1 2026 production, as total output slipped both on a reported and adjusted basis.The company said Q1 production averaged 2.309 million barrels of oil equivalent per day, down from 2.389 million boe/d from the same period a year earlier.Adjusted for acquisitions and dispositions, production fell by 14,000 boe/d, or about 1%, from Q1 2025.In the US Lower 48, production totaled 1.453 million boe/d in the quarter, down from the 1.462 million boe/d reported a year earlier.That included 698,000 boe/d from the Delaware Basin, 200,000 boe/d from the Midland Basin, 367,000 boe/d from the Eagle Ford and 183,000 boe/d from the Bakken.Looking ahead, the company said it is excluding Qatar from its Q2 production guidance due to uncertainty tied to the conflict in the Middle East.It expects Q2 production to range between 2.185 million boe/d and 2.215 million boe/d. For the full year, ConocoPhillips projected production of 2.295 million boe/d to 2.325 million boe/d.The outlook includes a 20,000 boe/d annual adjustment reflecting the exclusion of Qatar from Q2 guidance, as well as a 15,000 boe/d impact from higher royalty rates at Surmont driven by stronger oil prices.The company expects 2026 capital expenditures to come in between $12 billion and $12.5 billion, including additional activity in the Permian Basin.It said the spending range reflects ongoing uncertainty in the macroeconomic environment and the timing of capital projects tied to North Field East and North Field South in Qatar.Price: $127.25, Change: $-1.00, Percent Change: -0.78%

$COP
Sectors

Sector Update: Energy Stocks Decline Premarket Thursday

Energy stocks were declining premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) 1.2% lower.The United States Oil Fund (USO) was down 3.4% and the United States Natural Gas Fund (UNG) was 0.6% lower.Front-month US West Texas Intermediate crude oil was 1.5% lower at $105.33 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 3.3% to $114.13 per barrel, and natural gas futures were up 0.6% at $2.66 per 1 million British Thermal Units.ConocoPhillips (COP) shares were down more than 2% after the company posted lower Q1 adjusted earnings and revenue.TotalEnergies (TTE) and partner Nextnorth have reached financial close and broke ground on a 440 MWp solar power plant in Ilagan, the Philippines, the companies said. TotalEnergies stock was down more than 1% premarket.TechnipFMC (FTI) shares were down more than 3% after the company reported Q1 revenue that missed analysts' expectations.

$COP$FTI$TTE$UNG$USO$XLE
Research

Research Alert: Cop: A Q1 Beat And A Turning Of The Corner In Alaska

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:COP reported Q1 adjusted EPS of $1.89 vs. $2.09 prior year, beating the consensus of $1.71 by $0.18, while production declined 3.3% Y/Y to 2.31M boe/d but only 1% excluding acquisitions and divestitures. Average realized pricing fell 6% to $50.36/boe from $53.34/boe in Q1 '25. Key developments include the Willow project in Alaska reaching 50% completion with first oil still targeted for 2029, and continued LNG development with North Field East due for completion in the second half of 2026. COP guided 2026 production to 2.295M-2.325M boe/d (flat at midpoint) and capex of $12.0B-$12.5B, stripping out 20K boe/d from Qatar and 15K boe/d royalty adjustment from Surmont. The U.S. Lower 48 led production at 1.45M boe/d (63% of total), with Delaware Basin contributing 698K boe/d. In our view, successful completion of Willow would materially advance Alaska production from current 195K boe/d levels. COP maintained its 45% CFO return commitment, distributing $2.0B through equal portions of buybacks and dividends.

$COP
Sectors

Sector Update: Energy

Energy stocks were declining premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) 1.2% lower.The United States Oil Fund (USO) was down 2.8% and the United States Natural Gas Fund (UNG) was 0.4% higher.Front-month US West Texas Intermediate crude oil was 1.3% lower at $105.48 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 3.2% to $114.28 per barrel, and natural gas futures were down 0.1% at $2.64 per 1 million British Thermal Units.ConocoPhillips (COP) shares were down more than 2% after the company posted lower Q1 adjusted earnings and revenue.

$COP
Commodities

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Big Tech Earnings, Economic Data

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.5% in Thursday's premarket activity, amid optimistic big tech earnings reports and a deluge of economic data.US stock futures were also higher, with S&P 500 Index futures up 0.4%, Dow Jones Industrial Average futures advancing 0.6%, and Nasdaq futures gaining 0.5% before the start of regular trading.Reports releasing at 8:30 am ET include the Q1 gross domestic product (GDP) from Washington, the personal consumption expenditures (PCE)-core inflation report for March, the weekly jobless claims bulletin, and the Q1 Employment Cost Index.The April Chicago PMI posts at 9:45 am, followed by the February leading indicators report at 10 am, and the weekly natural gas stocks at 10:30 am ET.In premarket action, bitcoin was down by 0.7%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.7% higher, Ether ETF (EETH) advanced 1.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) was down 1.5%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was up 1.9%.Willis Towers Watson (WTW) shares were down more than 9% pre-bell after the company reported higher Q1 adjusted earnings and revenue.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 1.2%, the Vanguard Health Care Index Fund (VHT) was 1.1% higher, while the iShares US Healthcare ETF (IYH) was up 0.7%. The iShares Biotechnology ETF (IBB) gained 0.2%.Eli Lilly (LLY) stock was up more than 7% premarket after the company reported higher Q1 non-GAAP earnings and revenue.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) gained by 0.4%, and the iShares US Technology ETF (IYW) was 1% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 1.7%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) rose 2%, while the iShares Semiconductor ETF (SOXX) advanced by 1.3%.Alphabet's (GOOG, GOOGL) shares were up 7% in Thursday's premarket activity after the tech giant reported overnight Q1 earnings and sales above market expectations.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.5%, while the Vanguard Industrials Index Fund (VIS) was up 1.6% and the iShares US Industrials ETF (IYJ) gained 0.4%.Caterpillar (CAT) stock was up more than 5% before the opening bell after the company reported higher Q1 adjusted profit and revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.3%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was 0.2% lower, and the iShares US Consumer Staples ETF (IYK) retreated 0.1%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) was up 0.6%. The VanEck Retail ETF (RTH) gained 0.03%, while the State Street SPDR S&P Retail ETF (XRT) declined by 0.6%.Unilever (UL) shares were up more than 2% pre-bell after the company said its Q1 underlying sales grew by 3.8%.EnergyThe iShares US Energy ETF (IYE) was down 0.9%, while the State Street Energy Select Sector SPDR ETF (XLE) declined by 1.1%.ConocoPhillips (COP) stock was down more than 2% before the opening bell after the company reported lower Q1 adjusted earnings and revenue.CommoditiesFront-month US West Texas Intermediate crude oil fell by 2.3% to $104.44 per barrel on the New York Mercantile Exchange. Natural gas retreated by 1.4% to $2.61 per 1 million British Thermal Units. The United States Oil Fund (USO) decreased by 2.6%, while the United States Natural Gas Fund (UNG) was 1.5% lower.Gold futures for May were up by 1.8% to $4,641.80 an ounce on the Comex. Silver futures rose by 2.6% to $73.96 an ounce. SPDR Gold Shares (GLD) was 1.9% higher, and the iShares Silver Trust (SLV) gained by 2.7%.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$CAT$COP$EEM$EETH$EXI$FAS$FAZ$GLD$GOOG$GOOGL$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$LLY$PMR$QQQ$RTH$SLV$SOXX$SPY$UL$UNG$USO$VDC$VHT$VIS$WTW$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Equities

ConocoPhillips' Q1 Adjusted Earnings, Revenue Decline

ConocoPhillips (COP) reported Q1 adjusted earnings Thursday of $1.89 per share, down from $2.09 a year earlier.Analysts polled by FactSet expected $1.68.Revenue for the quarter was $16.05 billion, compared with $17.10 billion a year earlier.Analysts polled by FactSet expected $15.36 billion.

$COP
Commodities

US Oil, Gas Reserves Fall as Alaska Gains on New Projects, EIA Says

US oil and gas proved reserves declined in 2024 as lower prices weighed on estimates, though Alaska bucked the national trend with gains driven by increased development activity, the Energy Information Administration strategists said in a note on Wednesday.Steven Grape, EIA analyst, said total US proved reserves of crude oil and lease condensate fell 1% to about 46 billion barrels at year-end 2024, while natural gas reserves dropped 3% to 584 trillion cubic feet.Alaska, in contrast, posted increases in both categories. Crude oil and lease condensate proved reserves in the state rose 5% to 3.1 billion barrels, while natural gas reserves climbed nearly 7% to 103 Tcf.Benchmark prices declined for a second consecutive year in 2024, weighing on reserve estimates nationwide. Average spot prices for West Texas Intermediate crude oil slipped 1% from 2023 levels, while Henry Hub natural gas prices fell 13%.The EIA said the price downturn contributed to reserve reductions in key producing states. Texas recorded the largest drop in crude oil reserves, down 529 million barrels, or 3%, followed by North Dakota, down 487 million barrels, or 11%.For natural gas, Texas again led losses with a 10.2 Tcf decline, or 7%, while Louisiana saw reserves fall by 8.4 Tcf, or 26%, the agency said.Alaska's gains were supported by increased exploration and development activity, which led to upward revisions despite the weaker price environment. EIA analysts said the startup of the Nuna project, operated by ConocoPhillips (COP), contributed to higher oil reserves during the year.Future projects are projected to further boost Alaska's reserves, including new drilling at Prudhoe Bay and infrastructure developments such as the planned Alaska LNG Project.Meanwhile, recent US policy measures have also aimed to accelerate resource development in the state. President Trump signed an executive order in January 2025 to expedite permitting and leasing of energy projects in Alaska and promote LNG exports to domestic and allied markets.The Bureau of Land Management awarded leases covering 1.3 million acres in the National Petroleum Reserve in Alaska in March.Price: $126.79, Change: $+2.47, Percent Change: +1.99%

$COP
Wire

Morgan Stanley Adjusts ConocoPhillips Price Target to $149 From $108, Maintains Overweight Rating

ConocoPhillips (COP) has an average rating of overweight and mean price target of $0, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $122.73, Change: $+1.05, Percent Change: +0.86%

$COP
Equities

Raymond James Adjusts Price Target on ConocoPhillips to $145 From $118, Maintains Outperform Rating

ConocoPhillips (COP) has an average rating of overweight and mean price target of $140.37, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$COP
Wire

Scotiabank Adjusts ConocoPhillips Price Target to $125 From $100, Maintains Sector Perform Rating

ConocoPhillips (COP) has an average rating of overweight and mean price target of $139.26, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $121.90, Change: $+1.64, Percent Change: +1.36%

$COP
Commodities

US Active Rig Count Slips by 1 Week Over Week, US-Focused Service Firms Perform Strongly in Q1: RBC

Baker Hughes (BKR) US active land rig count fell by one week over week to 529, RBC Capital Markets said on Monday, while the US oil land rig count was flat at 397.The gas land rig count decreased by two in the week to 125, while miscellaneous rigs increased by one. The US oil land rig count fell by four month over month, while the gas land rig count fell by six over the same period.The Permian Basin's active rig count was flat over the week at 242. That region alone has 61% of the Lower 48 rigs and 46% of total land rigs in the US.US December production, based on EIA data, was 13.2 million barrels a day, rising 1% year over year, mainly driven by rising offshore production, which climbed 12% year over year.At the same time, land production decreased by an average 111,000 barrels per day as increases in New Mexico were partially offset by reductions elsewhere.Natural gas withdrawals in the US were 132 billion cubic feet per day, up 4% and supported by gains in Louisiana and New Mexico, RBC said.The three most active drillers in the Permian Basin are Helmerich & Payne (HP), with 88 rigs and 35% of the total, Patterson-UTI Energy (PTEN) with 31 rigs and Nabors Industries (NBR) with 27 rigs.The most active Permian operators are Exxon Mobil (XOM) with 34 rigs, Occidental (OXY) with 20 and ConocoPhillips (COP) with 16.In Haynesville, the rig count fell by 1 to 55 and the three most active drillers were Helmerich & Payne with 10 rigs, Independence Contract Drilling (ICD) with 9 and Precision Drilling (PD) with 8.WTI crude stocks fell by 5% week on week, RBC said.NOV (NOV) lowered its first quarter guidance due to financial impacts from disruption in the Middle East during March. Its updated EBITDA guidance is for $177 million,RBC has downgraded NOV to sector perform it said, noting less compelling risk/reward opportunity in its shares.Stocks in RBC's coverage universe within oil and gas services have risen by 36% this year with US-focused firms outperforming those with exposure in the Middle East.

$BKR$COP$HP$NOV$OXY$PTEN$XOM
Equities

Susquehanna Adjusts PT on ConocoPhillips to $149 From $121, Maintains Positive Rating

ConocoPhillips (COP) has an average rating of overweight and mean price target of $138.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$COP

Showing 81-100 of 111

Track with the FINWIRES app suite