Royal Bank of Canada and
Mizuho have raised
ConocoPhillips' (COP) price target to $140 and $142 respectively. The energy stock has continually attracted investor attention with a steady rise in performance, outpacing the oils-energy market. Their
Alaska Oil Project secured a greenlight from the Biden administration and advances have been made on an $8 billion
Willow oil project. Despite periodic dips and underperforming market days, ConocoPhillips has shown a decade of low-risk growth. The stock underwent a period of quarterly profit misses due to lower gas prices but has since outpaced stock market gains. A potential
Williston Basin Assets Divestment is eyed, increasing the market's attention towards the company. ConocoPhillips affiliate
Solaris has filed for an IPO in New York. Potential investors selling and buying shares has caused minor fluctuations in the market. Also,
International Assets Investment Management acquired 1644 shares of COP. The oil company has raised their full-year production guidance declaring dividends and beating Q1 earning estimates.
Conocophillips COP News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Sun, 19 May 2024 08:56:19 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 6
