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0.000399552501198635 0.000799105002397383 -0.00207767300623295 0.000199776250599374 0.00517420489052268 0.000639284001917952 0.000639284001917952 0.000639284001917952
Stock impact report

After a 41% Rally, Is ConocoPhillips Stock Still Worth Buying? [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Zacks Investment Research Image Source: Zacks Investment Research The outperformance might reflect strong market confidence in COP's prospects, especially when the pricing scenario of oil is extremely favorable. However, for investment conclusions, one should do a thorough assessment of the company's fundamentals, growth potential and prevailing market conditions. High Oil Price & COP's Key Upstream Assets The price of West Texas Intermediate (WTI) crude is trading at more than $90 per barrel, according to data from oilprice.com, owing to the ongoing tensions in the Middle East. With COP generating a significant proportion of revenues from crude oil, the high price of the commodity is extremely favorable for the leading oil and gas exploration and production company, much like other energy giants such as XOM and CVX. The upstream energy giant also has low-cost drilling opportunities across Permian, Eagle Ford and Bakken, that could be successfully developed over two decades Show less Read more
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