ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. The company's portfolio includes unconventional plays in North America, Europe, Asia, and Australia.
ExxonMobil (XOM) stock has gained about 52% over the past year and now trades right at the top of its 52-week range. Anyone buying here is paying for something still ahead. The clearest candidate sits offshore Guyana, where the company has just finished earning back what it put in.
Oil futures have been rising, but recently hit a peak. ConocoPhillips reported strong Q2 earnings on Aug. 6, and COP stock may be fairly valued. However, short-put plays are attractive to value investors.
The 750-mile pipeline carries crude from eastern Saudi Arabia to the Red Sea port of Yanbu, avoiding shipping disruptions in the Strait of Hormuz.
Chevron, ConocoPhillips, and Valero Energy stocks surged to annual highs as Brent crude prices rallied past $101 a barrel on Wednesday.
ExxonMobil (XOM) carries the highest earnings multiple in its peer group at 20.5 times, and it is not the best business in that group. Its operating margin ranks fourth of six, and its revenue growth ranks fourth of six as well. The premium is paying for something the standalone refiners don't get credit for; MPC and VLO trade at 13.4x and 15.6x, so it's likely the combination of upstream stability and downstream opt […]
A CNBC analysis found Trump's 9 largest energy positions rose between $1.5M and $4.4M in the first six months of fighting
Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Chevron has surged more than 42% this year and is brushing against a 52-week high, but the real question is whether the fundamentals driving that run can hold at these prices or whether the easy money is already gone.
Shares of major U. S. energy companies moved higher in premarket trading on Tuesday as crude oil prices extended their gains amid concerns about potential disruption to Middle East energy supplies.