Colin Anderson Productions pty ltd/DigitalVision via Getty Images ConocoPhillips (NYSE:COP) is the largest independent oil and gas producer in North America. Unlike its major integrated peers, the company has no downstream processing capacity which exposes it to the whims of energy markets to a great degree. During periods of commodity price strength COP is expected to do particularly well and underperform when the markets turn, just like we have seen over the past month. This business is risky you migh ...

Loading...Loading...The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major ov ...

With the first-quarter 2024 results of all major oil energy companies out, investors gained valuable insights into their projections for the upcoming quarters and the entirety of the year. The guidance of energy giants such as EOG Resources, Inc. (EOG) , ConocoPhillips (COP) , and Diamondback Energy Inc. (FANG) indicate that they are intensifying efforts to leverage the strength of crude prices.High Oil Price to Drive ProductionThe price of West Texas Intermediate (WTI) crude is trading at close to the $80 ...

HOUSTON, TEXAS - MARCH 19: S&P Global Vice Chairman, Daniel Yergin, left, discusses current issues ... [+] facing the energy industry with ConocoPhillips Chairman and Chief Executive Officer Ryan Lance during a panel discussion at CERAWeek by S&P Global Tuesday, March 19, 2024 in Houston. (Kirk Sides/Houston Chronicle via Getty Images)Houston Chronicle via Getty ImagesAfter a 4% increase since the beginning of this year, at the current price of around $121 per share, we believe ConocoPhillips (NYSE: COP), a ...

Warren Buffett might be the greatest investor of all time, but he’s not immune from making mistakes. This was on full display at the recent Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) annual meeting, where Buffett disclosed that he had sold the company’s entire stake in Paramount Global (NASDAQ:PARA) at a substantial loss.Although the exact loss wasn’t disclosed, Buffett said: “I was 100% responsible for the Paramount decision. It was 100% my decision, and we’ve sold it all and we lost quite a bit of money. ...

ConocoPhillips (COP) recently reported better-than-expected first-quarter 2024 earnings. The leading exploration and production company’s earnings per share were $2.03, while revenues came in at $14.5 billion.Good Entry Point for InvestorsAlthough the quarterly earnings beat the Zacks Consensus Estimate, the stock price fell marginally, a movement unrelated to the company's fundamentals. The stock is cheap on a relative basis, and the current affordability of the stock is evident from its trailing 12-month ...

Investors interested in stocks from the Oil and Gas - Integrated - United States sector have probably already heard of ConocoPhillips (COP) and Cactus, Inc. (WHD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Ran ...

ConocoPhillips (COP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this energy company have returned -8.5% over the past month versus the Zacks S&P 500 composite's -1.6% change. The Zacks Oil and Gas - Integrated - United States industry, to which ConocoPhillips belongs, has lost 4.6% over this period. Now the key question is: Where could the stock be headed in the near ter ...

ConocoPhillips (NYSE:COP) Q1 2024 Earnings Conference Call May 2, 2024 12:00 PM ET Company Participants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman & Chief Executive Officer Bill Bullock - Executive Vice President & Chief Financial Officer Andy O'Brien - Senior Vice President of Strategy, Commercial Sustainability & Technology Nick Olds - Executive Vice President, Lower 48 Kirk Johnson - Senior Vice President, Global Operations Conference Call Participants Devin McDermott - Morgan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission file number: 001-32395 ConocoPhillips (Exact name of registrant as specified in its charter) Delaware 01 ...