The Permian “Peak” That Isn't [Yahoo! Finance]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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conocophillips.com/investor-relations/investor-presentations
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Source: Yahoo! Finance
The Permian Basin is set to produce a record 6.76 million bpd this month, and according to the EIA, that figure may stand as the basin's all-time high. In any other oil province on the planet, that sort of declaration would cue the obituaries. But the Permian is not “any other basin,” and this is not a story of decline. It's a story of mutation. What looks like a geological ceiling is, in reality, the industry's pivot point: a shift from hypergrowth to high-efficiency manufacturing, orchestrated by a handful of supermajors who now effectively run the place. The old shale model burned acreage. The new model burns cost. A Basin That Refuses to Behave Like a Basin at Peak Technically, yes, the monthly high may never be topped again. Mature formations, depleted sweet spots, and a decade of drilling have pushed the Permian's geology to adolescence. But that isn't the same as a decline. At least not in a basin where the productivity curve is no longer dictated solely by rock quality.
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News
- ConocoPhillips (NYSE:COP) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- ConocoPhillips (NYSE:COP) was given a new $121.00 price target on by analysts at Mizuho.MarketBeat
- Lawsuit Seeks to Stop Oil Exploration in Remote Areas of the Arctic [The New York Times]The New York Times
- Lawsuit challenges the approval of an exploratory drilling program in Alaska petroleum reserve [Yahoo! Finance Canada]Yahoo! Finance Canada
- Recent uptick might appease ConocoPhillips (NYSE:COP) institutional owners after losing 2.0% over the past year [Yahoo! Finance]Yahoo! Finance
COP
Earnings
- 11/6/25 - Beat
COP
Sec Filings
- 12/3/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- COP's page on the SEC website