ConocoPhillips (COP) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this energy company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisi ...

Investors interested in Oil and Gas - Integrated - United States stocks are likely familiar with ConocoPhillips (COP) and Cactus, Inc. (WHD) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.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 Zacks Rank is a proven strategy t ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zack ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about ConocoPhillips (COP) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.ConocoPhillips currently has an avera ...

ConocoPhillips (COP) closed at $127.81 in the latest trading session, marking a -0.41% move from the prior day. This change lagged the S&P 500's 0.22% loss on the day. At the same time, the Dow added 0.06%, and the tech-heavy Nasdaq lost 0.52%.Prior to today's trading, shares of the energy company had gained 5.27% over the past month. This has outpaced the Oils-Energy sector's gain of 3.38% and the S&P 500's loss of 1.66% in that time.Investors will be eagerly watching for the performance of ConocoPhillips ...

The global energy industry presents incredibly wide opportunities. Companies in this sector often work in producing and distributing various types of energy, including fossil fuels and renewable energy. More specifically, they encompass a broad range of sources such as crude oil, natural gas, solar, wind and nuclear power, each with varying growth drivers and catalysts. Energy stocks often experience significant fluctuations in value, similar to the volatility seen in the tech sector. It’s a sector that exp ...

imaginimaConocoPhillips's (NYSE:COP) shares have soared year-to-date, largely because the U.S. economy is expanding rapidly and OPEC+ members last month agreed to a new round of voluntary supply limitations that boosted petroleum prices to the $80+ per barrel price range. With improved operating conditions, production-focused energy companies like ConocoPhillips also have higher investment appeal for investors and are likely to boost their capital returns. I believe ConocoPhillips is headed for a very s ...

Prices for crude oil have risen to their highest level in five months amid growing concerns of tighter supplies fueled by OPEC+ production cuts and turmoil in the Middle East. The price of Brent crude oil, the international standard, is currently at $90.19 per barrel, having risen more than 5% since the start of April. West Texas Intermediate (WTI) crude oil is trading at $86.14 a barrel, and back above the $85 mark for the first time since last fall. Both crude oil benchmarks posted a third consecutive mon ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scor ...

Energy was the top performing sector in March and the run is far from over. From an allocation perspective, energy stocks are under-owned and could gain further ground as flows to the sector increase.There are several reasons to own energy stocks. First, demand has surprised to the upside, surpassing consensus expectations. Even the U.S. Energy Information Administration (EIA) expects global oil demand to increase by 1.4 million barrels per day in 2024 and 2025.Secondly, geopolitical tensions have flared up ...