ConocoPhillips (NYSE:COP) has agreed to acquire a 42% stake in BP's Kirkuk oil fields in Iraq. The deal gives the company access to substantial oil reserves in one of the Middle East's historically important producing regions. The transaction adds another large international asset to ConocoPhillips' portfolio and may influence its long term production profile. ConocoPhillips enters this deal with its stock at $114.71 and a record of multi year performance, including a 145.9% return over the...
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U.S. oil and gas jobs hit a 2026 low even as production sets records, and the reasons have little to do with falling oil prices.
The company agreed to take on a large stake in a series of oil plays in northern Iraq.
In the most recent trading session, ConocoPhillips (COP) closed at $114.71, indicating a +1.66% shift from the previous trading day.
(Bloomberg) -- ConocoPhillips joined dozens of US firms from the energy, healthcare, finance and tech sectors in signing some $60 billion in deals to lift the Iraqi economy.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model, Fueling Tech RoutThailand Scraps Plan to End Visa-Free Entry for Indian TouristsT
The second-largest regional oil producer after Saudi Arabia is at the center of American efforts this week to rebuild the Middle East.
Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 1% and the Stat
Energy stocks gained Friday afternoon, with the NYSE Energy Sector Index rising 1.1% and the State S
XOM advances its LNG portfolio with Golden Pass and other projects, positioning the company to boost export capacity and support future cash flows.
ConocoPhillips has agreed to acquire a 42% stake in bp's Kirkuk oil joint venture, gaining exposure to more than 3 billion barrels of recoverable resources in northern Iraq.
Energy stocks were advancing premarket Friday, with the State Street Energy Select Sector SPDR ETF (
Antero Resources has quietly transformed into one of Appalachia's most coveted takeover targets, and a handful of energy titans are circling with very different motivations. The question is not whether a deal happens, but who wins and why.
In the closing of the recent trading day, ConocoPhillips (COP) stood at $112.84, denoting a +1.24% move from the preceding trading day.
Renewed Iran-U.S. tensions have pushed oil prices and energy stocks higher, with the Vanguard Energy ETF (VDE) and iShares Global Energy ETF (IXC) both rallying off their July 1 lows.
ConocoPhillips (NYSE:COP) is one of the top cheap blue chip stocks to buy according to Wall Street analysts. Truist cut the price target on ConocoPhillips (NYSE:COP) to $115 from $128 on July 8 and maintained a Hold rating on the shares. The rating update came as part of a preview of its fiscal Q2 results, […]
XOM's Permian outlook strengthens as WTI tops $80, far above $34-$42 shut-in prices, while production targets continue to rise.
Harris Oakmark recently released its second-quarter 2026 investor letter for the “Oakmark Fund”. A copy of the letter can be downloaded here. The objective of the fund is to deliver capital appreciation by investing in a diverse set of large-cap US companies. In the quarter, the Fund (investor class) underperformed the S&P 500 Index, returning […]
Five major companies also agreed to build Pathways carbon capture and storage mega-project
Oil prices jumped and Asian shares were mostly lower Monday after the U.S. carried out airstrikes and Iran retaliated. The price of Brent crude, the international standard, gained 3.9% to $78.96 per barrel, while U.S. benchmark crude oil added 4% to $74.26 per barrel. Prices for both types of crude oil recently had slipped back to the levels they were at before the war with Iran began, after the two sides set an interim agreement on ending the conflict and ships resumed transporting oil through the Strait of Hormuz.
Oil swung more than $40 a barrel in a single quarter, and two energy giants absorbed that whiplash in very different ways. Which approach holds up better when crude keeps sliding matters a great deal for retirees counting on steady income.
The US-Iran ceasefire is fracturing, Brent is climbing, and energy stocks are repricing fast. Whether this is a temporary spike or the beginning of a sustained oil shock will reshape the Fed's next move and every duration-sensitive position in your portfolio.
The latest trading day saw ConocoPhillips (COP) settling at $108.02, representing a -2.44% change from its previous close.
Investors holding Vanguard S&P 500 ETF (NYSEARCA:VOO) own a slice of the cheapest, largest cap-weighted index fund on the market, and it has been doing its job. VOO is up 10.25% year-to-date through July 7, 2026, riding a benchmark that continues to be dominated by mega-cap technology. The pitch to swap VOO for the Pacer ... The S&P 500 Is Up 5% This Year. This ‘Cash Cow’ Fund Is Up 9%
Wall Street closed mixed on Wednesday after a choppy session.