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Stock impact report

Double, Double, Oil and Trouble: Crude Hits $116 and Here's What It Means [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
ConocoPhillips (COP) is up 26.01% YTD. The three majors restructured their cost bases and set capital plans assuming oil prices well below $116 per barrel, so the price surge creates windfall profits that drop almost entirely to the bottom line. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Crude oil is sitting at $116 per barrel right now, and for the energy sector, that number carries significant weight. The last time Brent crude touched this level was March 2022, when it hit $117.25 in the wake of the Russia-Ukraine invasion. Before that, you have to go back to 2011 and 2012 to find comparable prices. This is not normal territory. To understand what $116 oil means for the majors, you need to know where they were just a few months ago. Chevron's average Brent crude realization in Q4 2025 was $64 per barrel, down from $75 per barrel a year prior. ConocoPhillips averaged $42.46 per BOE in Q4 2025, a 19% decline year-over-year. These Show less Read more
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