The Latest Breaking News from ConocoPhillips

Reports from the North Dakota Fire Marshal's office say flares from natural gas at oil wells sparked two North Dakota wildfires earlier this fall

ConocoPhillips has substantially underperformed the broader market over the past year, yet analysts remain bullish on the stock’s prospects.

With robust demand and supply expectations, geopolitical instability and extended OPEC+ production cuts have positioned the oil and gas market for strong growth. Hence, quality energy stocks Marathon Oil (MRO), Cenovus Energy (CVE), and Energy Transfer (ET) with solid upside could be ideal investment choices. Read more.

ConocoPhillips has underperformed the broader market over the past year, but Wall Street analysts are bullish about the stock’s prospects.

September Nasdaq 100 E-Mini futures (NQU24) are up +0.36% this morning as strong quarterly results from Meta Platforms and dovish comments from Federal Reserve Chair Jerome Powell boosted sentiment, while investors awaited a new round of U.S. economic data and earnings reports.

Marathon Oil is expected to release its second-quarter earnings next month, and analysts project a double-digit bottom-line growth.

ConocoPhillips is all set to announce fiscal second-quarter results next month, and analysts are projecting double-digit earnings growth.

Oil prices recently hit seven-week highs on expectations of robust energy demand and supply concerns amid escalating geopolitical instability and extended OPEC+ production cuts. Hence, quality energy stocks ConocoPhillips (COP), Schlumberger (SLB), and Baker Hughes (BKR), with solid upside potential, could be ideal investments now. Read more….

ConocoPhillips' stock has recently underperformed the broader Energy sector. Despite this, Wall Street analysts remain optimistic about the stock’s prospects.