67.51 -0.03 (-0.04%)
After hours: 7:04PM EDT
|Bid||67.50 x 1300|
|Ask||67.84 x 800|
|Day's Range||66.67 - 68.16|
|52 Week Range||55.04 - 80.24|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||12.70|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||1.22 (1.80%)|
|1y Target Est||78.00|
This Indicator Suggests All Is Not Well for OilYield spread On March 19, the US 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity yield spread fell to just ~14 basis points, the lowest level since August 9, 2007. In the
Noble Energy Has Outperformed Upstream Stocks in MarchNoble EnergySo far in March, Noble Energy (NBL) had outperformed upstream stocks that are part of the S&P 500 Index (SPY). Noble Energy stock has risen 8.4% in March. The S&P 500
UBS Raises Price Target for ConocoPhillipsUBS raises price target for ConocoPhillips Yesterday, UBS increased its price target for ConocoPhillips (COP) by $1 to $70. On March 5, Morgan Stanley increased it by $1 to $78. Of the 22 analysts tracking
Oil Bulls: US Oil Exports Tend to Fall MoreBrent-WTI spread On March 18, Brent crude oil May futures settled ~$8.2 higher than the WTI crude oil May futures. On March 11, the spread was ~$9.5. In the past five trading sessions, the Brent crude oil
Why Oil's Rise Might Be UnstoppableUS crude oil On March 18, US crude oil prices rose 1% and settled at $59.38 per barrel—the highest closing level for active US crude oil futures since November 12. The oil prices likely rose due to the falling
ConocoPhillips' (COP) strategic U.S. acreage position, efficient management and strong balance sheet set it apart from peers.
Energy Sector Highlights Last WeekUS crude oil last week On March 8–15, US crude oil April futures rose 4.4% and closed at $58.52 per barrel—the second-highest closing level for active US crude oil futures since November 12. In the past week,
What's behind Your Energy Portfolio Gains?US crude oil moved higher this week On March 14, US crude oil April futures rose 0.6% and settled at $58.61 per barrel, the highest closing level for US crude oil active futures since November 12. Moreover,
Jose Ignacio Hernandez, newly appointed as attorney general for Guaido’s growing parallel government, said there are "severe miscalculation errors" in the award, which resulted from the International Centre for Settlement of Investment Disputes’ decision to uphold Conoco’s claim that Venezuela unlawfully confiscated in 2007 its Hamaca and Petrozuata heavy crude oil projects in the Orinoco River basin. The appeal would another step in the efforts by Guaido, who’s been recognized by some fifty nations including the U.S. as the rightful president of Venezuela, to assert control over the country’s finances, cutting out President Nicolas Maduro’s regime.
Venezuela's opposition leader Juan Guaido plans to appeal the $8.75 billion award issued to ConocoPhillips by the World Bank's arbitration tribunal last week.
How Energy Commodities Are Influencing Upstream Energy StocksOil-weighted stocks are sensitive to oilThe following oil-weighted stocks could be sensitive to oil’s price movements based on their correlations with US crude oil April futures between
Oil Is near the Biggest Move in 2019 amid Rising RisksUS crude oilAt 9:36 AM EST on March 13, US crude oil prices are at $57.71 per barrel—17 cents below the highest level for US crude oil active futures since November 16. The EIA’s (U.S. Energy
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, ConocoPhillips, TOTAL and Canadian Natural Resources
ExxonMobil (XOM) along with its collaborators will progress with the Alaska LNG project's authorization process from the FERC.
Integrated majors ExxonMobil (XOM) and Chevron (CVX) earmarked their growth actions in respective annual analyst meetings.
ConocoPhillips NYSE:COPView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for COP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting COP. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold COP had net inflows of $2.80 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. COP credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Oil Bulls: US Global Oil Supply Is Set to RiseBrent-WTI spread On March 11, Brent crude oil May futures settled ~$9.8 higher than the WTI crude oil April futures. On March 4, the spread was ~$9.1. In the past five trading sessions, the Brent crude
On the first day of the week-long event, topics of discussion included geopolitics, environmental regulations and Royal Dutch Shell Plc’s hunt for acquisitions in the biggest U.S. shale oil field. Time stamps are Houston.
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and ProPetro