Why ConocoPhillips Stock Dropped on Monday [Yahoo! Finance]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
conocophillips.com/investor-relations/investor-presentations
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Source: Yahoo! Finance
ConocoPhillips (NYSE: COP) stock slipped 2.5% through 10:30 a.m. ET Monday, following the price of oil lower. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » The OPEC+ group of oil-exporting countries ("plus" Russia and a few others) announced last night that, despite "healthy oil market fundamentals as reflected in low inventories," it will extend its pause on production increases into March (i.e., not increase production in February). You'd think that would be a double-whammy of good news for oil prices -- low inventories should mean high prices, and no increase in production should mean those prices will remain high. Instead, oil prices are falling today. Why? OilPrice.com notes that oil prices recently surged past $70 a barrel amid concerns that a looming U.S. military conflict with Iran could disrupt oil supplies from the Persian Gulf. Over the week
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COP
Earnings
- 11/6/25 - Beat
COP
Sec Filings
- 1/20/26 - Form 4
- 1/20/26 - Form 4
- 1/20/26 - Form 4
- COP's page on the SEC website