- Bloomberg•5 hours ago
Oil-sands investments in Western Canada that gobbled tens of billions of dollars over the past decade are proving an Achilles heel for some of the world’s biggest energy producers. Exxon Mobil Corp. slashed proved reserves the most in its modern history after removing the entire $16 billion, 3.5-billion-barrel Kearl oil-sands project from its books on Wednesday. While prolific shale plays in Texas and Oklahoma are going through an investment boom with oil above $50 a barrel, the oil sands have fallen out of favor.
It was a week where oil prices logged a modest decline and natural gas futures sank to a three-month low.
- Market Realist•2 days ago
On February 17, 2017, Cobalt International Energy (CIE) had the highest implied volatility among the upstream stocks that are part of XOP.
COP : Summary for ConocoPhillips Common Stock - Yahoo Finance
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||47.03 - 47.94|
|52 Week Range||31.82 - 53.17|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-16.19|
|Dividend & Yield||1.06 (2.23%)|
|1y Target Est||N/A|