| 2024-11-12 | -1.26 % |
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| 2024-11-08 | -0.72 % |
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| 2024-11-05 | +0.32 % |
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| 2024-11-04 | +0.95 % |
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| 2024-11-01 | -1.55 % |
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| 2024-10-30 | +0.65 % |
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| 2024-10-29 | -0.91 % |
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| 2024-10-28 | -1.24 % |
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| 2024-10-25 | +0.18 % |
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| 2024-10-24 | -0.13 % |
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| 2024-10-23 | -0.47 % |
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| 2024-10-22 | +0.01 % |
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| 2024-10-21 | -0.64 % |
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| 2024-10-18 | -0.45 % |
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| 2024-10-17 | +0.94 % |
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| 2024-10-16 | -0.05 % |
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| 2024-10-15 | -3.89 % |
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| 2024-10-14 | -0.92 % |
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| 2024-10-11 | -1.22 % |
- ConocoPhillips (COP) stock declined by 1.22% after JPMorgan Chase & Co. reaffirmed its "neutral" rating and lowered the target price from a previous amount to $126.00. The decrease in stock price is likely attributed to the reduced price target and the neutral outlook from analysts.
- The ConocoPhillips (COP) stock declined by 1.22% largely due to institutional investors, such as Wedmont Private Capital, reducing their positions, combined with a downgrade of target prices from various research analysts, which may have negatively impacted investor sentiment.
- ConocoPhillips (COP) stock fell by 1.22% due to various factors, including a recent insider sale by a director, mixed analyst ratings with price target adjustments, and overall market conditions that may have influenced investor sentiment.
- ConocoPhillips (COP) stock experienced a 1.22% decline, despite Perpetual Ltd increasing its stake in the company by 40.1% during the third quarter, indicating possible market reactions to broader trends or investor sentiment rather than the specifics of Perpetual Ltd's investment.
- ConocoPhillips (COP) stock fell by 1.22% due to recent institutional selling and reduced price targets from analysts, although it reported a small earnings beat in its last quarterly financial results.
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| 2024-10-10 | +0.8 % |
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| 2024-10-09 | +0.15 % |
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| 2024-10-08 | -3.42 % |
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| 2024-10-04 | +1.89 % |
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| 2024-10-03 | +1.87 % |
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| 2024-10-02 | +0.91 % |
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| 2024-10-01 | +3.88 % |
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| 2024-09-30 | +0.53 % |
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| 2024-09-27 | +2.36 % |
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| 2024-09-26 | -3.23 % |
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| 2024-09-25 | -2.92 % |
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| 2024-09-24 | -0.71 % |
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| 2024-09-23 | -0.16 % |
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| 2024-09-20 | -0.62 % |
- ConocoPhillips (COP) stock dipped by -0.62% amid a backdrop of mixed analyst ratings and varying institutional investment activities, including recent share sales by insiders, which may have contributed to investor concerns.
- ConocoPhillips (COP) stock fell by 0.62% recently, partly due to WCG Wealth Advisors LLC decreasing its holdings in the company and other institutional investors adjusting their positions, alongside reduced price targets reported by several equity analysts.
- ConocoPhillips (COP) stock declined by 0.62% due to significant selling by ASB Consultores LLC, which reduced its holdings by 42.4%, coupled with broader investor repositioning and adjustments in target prices by analysts.
- ConocoPhillips (COP) stock declined by 0.62% amid mixed movements in shareholder positions and analysts' ratings adjustments, coupled with lower-than-expected revenue for the last quarter compared to projections.
- ConocoPhillips (COP) stock was down by 0.62% due to analysts lowering their price targets and possibly mixed earnings expectations, despite increased institutional investment.
The stock may have declined as research firms adjusted their target prices downward, signaling potential concerns about future performance, along with a revenue miss in their recent earnings.
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| 2024-09-17 | +2.6 % |
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| 2024-09-13 | +0.58 % |
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| 2024-09-11 | -1.38 % |
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| 2024-09-06 | -1.33 % |
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| 2024-09-04 | -1.17 % |
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| 2024-09-03 | -3.46 % |
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| 2024-08-30 | -0.51 % |
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| 2024-08-14 | +0.91 % |
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| 2024-08-13 | -1.54 % |
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| 2024-08-08 | +1.25 % |
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| 2024-08-07 | +1.07 % |
- ConocoPhillips (COP) stock rose by 1.07% due to a positive sentiment in the market driven by a rebound in global markets and the favorable performance of the crude oil sector, which was supported by increasing oil prices and overall broad-based buying in the Indian market.
- ConocoPhillips (COP) stock rose by 1.07% last night due to its impending ex-dividend date, attracting investors interested in dividends, as the company has maintained a sustainable payout ratio and has shown strong earnings growth over the past five years.
- The article discusses Crescent Energy Co.'s strong second-quarter performance in 2024, driven by increased production, improved capital efficiency, and a successful acquisition of SilverBow Resources, establishing Crescent as a major player in the Eagle Ford shale.
The rise in ConocoPhillips (COP) stock could be attributed to overall positive market sentiment in the energy sector bolstered by Crescent's improved performance, robust acquisition strategies, and anticipated future cash flow, reflecting broader confidence in oil and gas equities.
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| 2024-08-01 | -2.53 % |
- ConocoPhillips (COP) stock fell 2.53% despite exceeding second-quarter profit estimates due to a broader decline in U.S. stock futures prompted by a drop in U.S. manufacturing activity to an eight-month low.
- ConocoPhillips (COP) stock fell by 2.53% due to lower natural gas prices, increased costs, and operational challenges in the Permian Basin, despite raising production guidance and expectations for a slight earnings beat in upcoming fiscal results.
- ConocoPhillips (COP) stock fell by 2.53% amid a backdrop of economic uncertainty influenced by potential U.S. interest rate cuts, disappointing economic indicators from China, and mixed earnings reports affecting investor sentiment.
The decline in ConocoPhillips (COP) stock can be attributed to broader market concerns about slowing global growth, particularly in China, and disappointing earnings from regional companies, which dampen overall investor confidence.
- ConocoPhillips (COP) stock experienced a decline of 2.53% despite reporting higher-than-expected earnings for the second quarter, due to potential concerns from the ongoing regulatory review of its planned acquisition of Marathon Oil, as indicated by the FTC's request for additional information.
- ConocoPhillips (COP) stock recently declined by 2.53%, likely due to overall market trends where many stocks faced declines amidst mixed signals from economic indicators and sector performance.
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| 2024-07-31 | +1.17 % |
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| 2024-07-24 | +0.24 % |
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| 2024-07-23 | -1.33 % |
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| 2024-07-22 | -1.78 % |
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| 2024-07-19 | -1.94 % |
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| 2024-07-18 | +0.46 % |
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| 2024-07-17 | +0.77 % |
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| 2024-07-16 | +0.54 % |
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| 2024-07-15 | +1.26 % |
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| 2024-07-12 | -0.75 % |
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| 2024-07-11 | +1.3 % |
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| 2024-07-10 | +1.21 % |
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| 2024-07-09 | -0.93 % |
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| 2024-07-08 | -0.28 % |
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| 2024-07-02 | -0.21 % |
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| 2024-07-01 | -0.02 % |
- The article discusses Koss Olinger Consulting LLC's increased position in ConocoPhillips (COP) stock, and other institutional investors who have made changes to their positions, leading to a growth in shares; however, the COP stock went down by -0.02% last night due to various factors including overall market conditions, investor sentiment, and potential profit-taking by traders.
- Summary: SteelPeak Wealth LLC increased its stake in ConocoPhillips by 42.7% in the first quarter, but despite positive analyst ratings and earnings beat, the stock was down 0.02% possibly due to investors taking profits after recent gains and general market conditions.
Reason for ConocoPhillips(COP) stock going down: In markets, stock prices fluctuate for various reasons, such as profit-taking by investors after a period of gains, broader market conditions, economic data releases, geopolitical events, or changes in oil prices, among other factors, which could have contributed to ConocoPhillips stock going down even after positive company developments.
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| 2024-06-28 | +0.36 % |
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| 2024-06-27 | +0.32 % |
- The article discusses the global mergers and acquisitions market halfway through the year, totaling roughly US$1.4 trillion, with a 14% increase compared to the same period in 2023; furthermore, ConocoPhillips (COP) stock rose by 0.32%, likely due to its acquisition of Marathon Oil Corp, contributing to the increased activity in the energy sector M&A where deal values have surged over 40%.
- Summary: The article discusses the potential impact of the upcoming US presidential debate between President Joe Biden and former President Donald Trump on various sectors of the stock market, focusing on topics such as EVs and clean energy, semiconductors, China exposure, cryptocurrency, traditional energy, defense, cannabis, gun rights, drugmakers, and currency concerns.
ConocoPhillips (COP) stock went up by 0.32% last night due to factors such as the market largely disregarding the uncertainty surrounding the upcoming US election, potentially positive developments promised by President Donald Trump regarding domestic oil production, and investors monitoring the candidates' language for further toughening on stance against China.
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| 2024-06-26 | -1.2 % |
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| 2024-06-21 | +0.01 % |
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| 2024-06-20 | +1.75 % |
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| 2024-06-17 | +0.14 % |
- Summary: The article discusses the potential divestment of stakes in Colonial Pipeline by some of its owners, including Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), Shell, IFM Investors, KKR, and Koch Industries, which could value the system at over $10 billion.
ConocoPhillips (COP) stock likely went up due to the positive movement in the energy sector amidst growing U.S. energy consumption and the potential divestment activities that may lead to increased valuations for energy-related assets like Colonial Pipeline.
- The article reports that ConocoPhillips (COP) stock was up by 0.14% last night due to the involvement of big investors and energy firms, including ConocoPhillips, in the auction of shares in Venezuela's Citgo Petroleum's parent company.
- The article discusses Corre Partners Management, LLC's acquisition of additional shares of Team Inc (NYSE:TISI), leading to increased holdings and board expansion announcements, potentially boosting investor confidence in Team Inc's future prospects. The rise in ConocoPhillips (COP) stock could be attributed to positive developments within the company, including strategic investments and key board appointments like Pamela J. McGinnis, who brings extensive industry expertise.
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| 2024-06-14 | -1.35 % |
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| 2024-06-12 | -0.98 % |
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| 2024-06-11 | +0.29 % |
- ConocoPhillips (COP) stock went up by 0.29% last night after announcing plans to acquire Marathon Oil Corporation in an all-stock transaction worth $22.5 billion, which is expected to enhance their portfolio, increase earnings, cash flows, and shareholder distributions, with synergies and cost savings projected following the deal closure.
- The article discusses ConocoPhillips (COP) stock and its recent increase by 0.29%. The stock went up due to the company's acquisition of Marathon Oil, its strategy emphasizing low production costs, consistent free cash flow generation, and dividends, as well as its growth in production. Additionally, the energy sector's performance, oil prices, and interest rate movements impacted the stock's behavior.
- The article discusses various stock recommendations, including ConocoPhillips (COP), with a suggestion to own ConocoPhillips if you need to own an oil company, and it mentions Chevron positively due to its 4% yield, but it doesn't provide a specific reason for why ConocoPhillips stock went up by 0.29% last night.
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| 2024-06-10 | +1.16 % |
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| 2024-06-07 | -0.18 % |
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| 2024-06-06 | -0.03 % |
- The article discusses how ConocoPhillips (COP) stock has declined by -0.03% recently, attributed to the company's struggles with acquisition targets due to higher drilling costs, production issues, and underperformance compared to industry peers, causing its shares to be less attractive for acquisition deals.
- The article discusses how Devon Energy failed to acquire multiple peers due to its stock being considered less attractive as acquisition currency, resulting in ConocoPhillips (COP) stock going down. Devon's stock performance, higher costs, production issues, and skepticism from acquisition targets led to a lack of successful deals despite previous successes, and the article suggests potential future acquisition targets for Devon to consider.
- The article discusses investigations by Brodsky & Smith concerning various acquisitions in the stock market, such as Marathon Oil Corporation by ConocoPhillips, Atrion Corporation by Nordson Corporation, Surmodics, Inc. by GTCR, and Akili, Inc. by Virtual Therapeutics, with a focus on whether fair value is being paid to the shareholders of the respective companies, and last night ConocoPhillips (COP) stock was down by -0.03%, possibly due to potential concerns related to the acquisition of Marathon Oil Corporation.
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| 2024-06-05 | -0.04 % |
- The article discusses how Citgo Petroleum's Corpus Christi refinery has attracted interest from various parties ahead of a court auction, with multiple consortia considering bids to acquire the refinery. ConocoPhillips, the largest creditor in the auction, has been pursued to join the effort. It is noted that the refinery's potential for expansions in gasoline and diesel exports has sparked interest. The downturn in ConocoPhillips (COP) stock may be due to potential uncertainties surrounding the company's involvement in the auction process and its impact on their financials.
- The article discusses a recent purchase of shares in TEAM Inc by Corre Partners Management, LLC, with notable developments within the company, such as the appointment of a new board director and possible non-compliance with NYSE listing standards. The stock of ConocoPhillips (NYSE:COP) went down likely due to challenges in TEAM Inc's financial landscape, including low market capitalization, negative P/E ratio, minimal revenue growth, and high debt burden, despite recent short-term gains in returns.
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| 2024-06-04 | -1.41 % |
- The article discusses various updates in the energy sector, with oil futures falling due to OPEC+ extending cuts but planning to unwind some reductions, while ConocoPhillips stock went down -1.41% likely influenced by OPEC decisions, market talks, and the company's recent efforts to expand.
- The article discusses how ConocoPhillips (COP) stock decreased by -1.41% following OPEC's decision to extend cuts but unwind some reductions later this year due to oil futures falling, and the expensive nature of ConocoPhillips' $12 billion share sale. Oil stocks fell by 4.2 million barrels, and there is a general trend of investors paying up for size in the industry.
- The article discusses opposition efforts to pause the court-ordered auction of shares of Citgo Petroleum to pay creditors, including ConocoPhillips, which is part of a group seeking to cash up to $21.3 billion in claims, leading to uncertainty about ownership changes and a potential change in U.S. policy guidance, causing concern and contributing to ConocoPhillips (COP) stock going down by -1.41%.
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| 2024-06-03 | -2.24 % |
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| 2024-05-31 | +2.55 % |
- ConocoPhillips (COP) stock was up 2.55% last night due to the fact that US energy majors like ConocoPhillips, Chevron, and ExxonMobil have been better at foreseeing rising world demand for fossil fuels and have prioritized decarbonizing their products, leading to a more bullish approach to the energy transition compared to their European counterparts like Shell and BP who have been scaling back their climate commitments.
- ConocoPhillips (COP) stock went up by 2.55% last night following the news of its takeover of Marathon Oil, making it the third-largest US producer, with production set to increase by almost 400,000 boe/d due to the $22.5 billion deal.
- ConocoPhillips(COP) stock went up by 2.55% last night due to the announcement of its acquisition of Marathon Oil in an all-stock deal valued at $22.5 billion, including net debt, with Marathon Oil shareholders receiving 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock, offering premiums to recent share prices and showing potential for synergy, immediate benefits to earnings, cash flows, and distributions per share.
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| 2024-05-30 | -1.45 % |
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| 2024-05-29 | -3.12 % |
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| 2024-05-28 | +1.46 % |
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| 2024-05-24 | -0.34 % |
- The article discusses how ConocoPhillips stock performed poorly relative to the overall market in the past year, but despite this, Wall Street analysts remain optimistic about the company's future growth potential, leading to a 0.34% decrease in its stock price last night.
The reason for ConocoPhillips stock going down could be due to a variety of factors, such as overall market conditions, specific industry trends, company performance, economic data, global geopolitical events, or company-specific news impacting investor sentiment.
- The article discusses Equinor and its partners investing in the North Sea Troll gas field to increase production amid rising European demand for Norway's natural gas, highlighting Equinor's major gas supplier role in Europe due to decreased Russian supply post Ukraine invasion, with ConocoPhillips having a 1.62% stake in Troll, which is relevant to ConocoPhillips' stock being down due to potential implications on its gas production.
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| 2024-05-23 | -0.46 % |
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| 2024-05-21 | -0.4 % |
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