60.00 -0.05 (-0.08%)
Pre-Market: 7:00AM EST
|Bid||60.00 x 200|
|Ask||60.60 x 300|
|Day's Range||59.12 - 60.24|
|52 Week Range||42.27 - 60.24|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.06 (1.77%)|
|1y Target Est||N/A|
ConocoPhillips shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 79 to 82.
Chevron Corporation (NYSE:CVX) is moving back into full swing. CVX stock has risen 20% since July and the company’s prospects have brightened considerably with the steady rise in crude oil prices. Like many of its peers in the oil industry, the 2014-16 downturn in oil hit Chevron’s interests hard.
Norwegian oil and gas investments will begin to rise in 2018 after falling for the last four years, helping drive output to near-record highs in the next five years, the Norwegian Petroleum Directorate (NPD) said on Thursday. By 2022, combined output volume of oil and gas from the country's fields could approach levels last seen in 2004, the highest on record, it added. Oil and gas would each account for about half of production, the regulator said.
New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their "contributions to global warming," as it said it would divest fossil fuel investments from its $189 billion public pension funds over the next five years. The lawsuit, against BP Plc, Chevron Corp, ConocoPhillips, Exxon Mobil Corp and Royal Dutch Shell Plc, follows similar lawsuits filed last year by San Francisco and other California cities seeking billions of dollars in damages from rising sea levels due to climate impacts.
NEW YORK (AP) — New York City is taking on the oil industry on two fronts, announcing a lawsuit Wednesday that blames the top five oil companies for contributing to global warming and saying the city will sell off billions in fossil fuel investments from the city's pension funds.
We appreciate ConocoPhillips (COP) initiative to divest non-core assets as the explorer could use the proceeds in the lucrative Eagle Ford shale and Permian Basin.
As of November 30, 2017, ConocoPhillips's (COP) total shares shorted (or short interest) stood at ~23.9 million, whereas its average daily volume was ~6.5 million.
According to IHS Markit, the highest investment seen within the Eagle Ford was in Karnes County between January 2017 and June 2017.
As of December 29, 2017, 22.7% of the 22 analysts covering COP recommended a "strong buy," 50.0% recommended a "buy," while the remaining 27.3% have "hold" recommendations ...
U.S. equities are showing no signs of slowing their incredible vertical ascent, kicking off 2018 with a two-day push to new record highs. Energy stocks are on the move thanks to a persistent gain in oil prices.
As of December 29, 2017, ConocoPhillips (COP) had an implied volatility of ~21.6%, which is higher than its implied volatility of ~21.5% at the end of 3Q17.
For the week ending December 29, 2017, crude oil (USO) and natural gas (UNG) prices increased strongly by ~3.3% and ~11.1%, respectively.
In the week ending December 29, 2017, crude oil (USO) prices rose sharply from $58.47 per barrel to $60.42 per barrel, an increase of more than 3%.