Conocophillips (COP) stock price, news and key stats

StockEnergyOil & Gas Exploration & Production

Price

$132.54-8.68 (-6.15%)

Last close as of Sep 16, 2026. Delayed data; not a live quote.

Previous close
$141.22
Open
$138.42
Day range
$132.38 – $139.19
Volume
9.0M

About Conocophillips

ConocoPhillips is an American multinational energy corporation, primarily exposed to crude oil and natural gas prices.

Latest COP news

  • Texas Pumped Over a Quarter of All U.S. Natural Gas in 2025
    OilPrice · Sep 15, 2026

    In 2025, Texas emerged as a dominant force in the U.S. natural gas market, accounting for over a quarter of the nation's total production. According to data from the Energy Information Administration (EIA), Texas and Pennsylvania were the leading states, together contributing significantly to the overall output. The report indicates that these two states, along with two others, produced 61% of the country’s natural gas, underscoring the concentration of resources in a few key areas. The implications of Texas's substantial production are multifaceted. As the state continues to bolster its output, it not only strengthens its position in the domestic energy landscape but also influences global natural gas prices. Increased supply from Texas could lead to lower prices for consumers and industries reliant on natural gas, while also impacting the competitiveness of U.S. exports in international markets. Furthermore, this surge in production may prompt discussions around infrastructure investments and regulatory considerations to accommodate the growing output and ensure sustainable practices in the sector.

  • As the oil surge continues, trader Mike Khouw sees more upside in this surging name
    CNBC · Sep 14, 2026

    As oil prices continue their upward trajectory, trader Mike Khouw has identified a specific stock that he believes could benefit significantly from this surge. With global oil consumption hovering around 100 million barrels per day, the demand for energy resources remains robust, driving prices higher and creating opportunities for investors in the energy sector. Khouw's insights suggest that certain companies involved in oil production and related services are well-positioned to capitalize on this trend. The implications for the market are substantial, as rising oil prices typically lead to increased revenues for energy companies, which can translate into higher stock valuations. Investors are likely to keep a close eye on the performance of oil stocks, especially those that demonstrate strong fundamentals and operational efficiency. As geopolitical tensions and supply chain disruptions continue to affect oil availability, the potential for further price increases remains, making it a critical time for traders and investors to reassess their positions in the energy market.

  • U.S. Oil Rig Count Rises as Oil Tops $100
    Oil & Gas · Sep 11, 2026

    The U.S. oil rig count has seen a notable increase as oil prices have surged past $100 a barrel, according to the latest data released by Baker Hughes. This uptick in drilling activity reflects a growing optimism among producers, who are responding to the higher price environment that typically incentivizes exploration and production efforts. The current rig count indicates a robust recovery in the sector, which had faced significant challenges in recent years due to fluctuating prices and market uncertainties. As oil prices climb, the implications for the broader market are significant. Higher oil prices can lead to increased revenues for oil companies, potentially boosting their stock prices and attracting investment into the sector. Additionally, the rise in drilling activity may signal a tightening supply situation, which could further elevate prices if demand remains strong. However, this surge in oil prices could also have adverse effects on the economy, particularly for consumers facing higher fuel costs and inflationary pressures. Investors will be closely monitoring these developments as they assess the sustainability of the current oil price rally and its impact on various sectors.

  • Mapping the Market: Mind the gap in US oil as Iran tensions escalate
    Oil & Gas · Sep 11, 2026

    U.S. oil prices have surged nearly 7% in a single day amid escalating tensions between the United States and Iran, marking a significant rally that has persisted for the past two months. This spike comes as geopolitical risks loom large over the oil market, with traders increasingly concerned about potential disruptions to supply from the Middle East. The West Texas Intermediate (WTI) crude benchmark has reached levels not seen in recent months, prompting analysts to reassess their forecasts for oil prices in the near term. The implications of these developments are multifaceted. Higher oil prices could lead to increased costs for consumers and businesses, potentially stoking inflationary pressures in an already volatile economic environment. Additionally, the energy sector may see a shift in investment as companies adjust their strategies to navigate the uncertain geopolitical landscape. Market participants are closely monitoring the situation, as any further escalation could lead to supply chain disruptions, exacerbating the existing gap between demand and available supply. As tensions continue to unfold, the oil market remains on edge, with traders weighing the risks of conflict against the backdrop of a recovering global economy.

  • The price of oil rose above $105 a barrel, marking the highest level in months. The rise in energy costs threatens to raise prices more broadly, further squeezing consumers and businesses already struggling.
    Oil & Gas · Sep 10, 2026

    Oil prices surged above $105 a barrel, reaching their highest level in months, driven by a combination of geopolitical tensions and supply chain disruptions. This increase in energy costs is expected to have significant implications for the broader economy, as higher oil prices typically lead to increased transportation and production costs. These rising costs could ultimately be passed on to consumers, exacerbating inflationary pressures that have already been a concern for policymakers and economists. The implications for the market are profound, as sustained high oil prices could dampen consumer spending and hinder economic growth. Businesses, particularly in sectors heavily reliant on energy, may face tighter margins, leading to potential layoffs or reduced investment. Additionally, central banks may be forced to reconsider their monetary policies in response to escalating inflation, which could impact interest rates and overall market stability. As the situation develops, stakeholders across various industries will be closely monitoring oil price movements and their cascading effects on the economy.

  • United States on track for record crude oil production in 2026
    EIA Energy · Sep 10, 2026

    The United States is poised to achieve a record crude oil production level of 13.8 million barrels per day (MMbpd) by 2026, according to the latest projections from the Energy Information Administration (EIA). This anticipated increase is largely driven by sustained higher oil prices, which are incentivizing drilling activities in the Permian Basin and expanding offshore production in the Gulf of Mexico. The EIA's short-term energy outlook, released on August 11, highlights the significant role of these regions in bolstering U.S. output. In recent months, U.S. crude oil production has already reached impressive levels, peaking at 13.93 MMbpd in April, marking the highest output on record. Although there was a slight decline of about 2% in May, the overall trend indicates a robust recovery and growth trajectory for U.S. oil production. Furthermore, exports have also hit record highs, reflecting strong global demand for American crude, which could further influence market dynamics as production ramps up. The implications of this forecast are significant for both domestic and global oil markets. Increased U.S. production could lead to greater competition for OPEC+ nations, potentially exerting downward pressure on global oil prices. Additionally, the anticipated rise in output may enhance energy security for the U.S. while also impacting geopolitical considerations in oil-rich regions. As the market adjusts to these developments, stakeholders will be closely monitoring the interplay between production levels, pricing, and international supply chains.

  • Wealthy investors seek oil and gas assets, but bargains are scarce
    CNBC · Sep 10, 2026

    Wealthy investors are increasingly turning their attention to oil and gas assets as geopolitical tensions, particularly the ongoing conflict in Iran, and the burgeoning artificial intelligence sector drive demand for energy resources. However, the search for attractive bargains in this crowded market is proving challenging, as competition escalates among high-net-worth individuals and institutional investors alike. The heightened interest in energy assets is partly fueled by the need for diversification in portfolios amid economic uncertainty. With traditional energy markets experiencing volatility, investors are looking to capitalize on mineral rights and other energy-related opportunities. Nevertheless, the scarcity of undervalued assets is limiting options, leading to inflated prices and bidding wars. This trend could have significant implications for the broader market, potentially driving up energy costs and impacting inflation rates. As the AI boom continues to reshape various sectors, the intersection of technology and energy is becoming increasingly relevant. Investors are not only seeking direct exposure to oil and gas but are also exploring innovative technologies that enhance energy efficiency and production. This dual focus may create new investment avenues, but the current scarcity of bargains suggests that investors will need to act quickly and strategically to secure valuable assets in a competitive landscape.

  • You should always have energy stocks in your 401(k). Yes, even when oil is at $100.
    MarketWatch · Sep 9, 2026

    As oil prices approach the $100 per barrel mark, investors are increasingly looking to energy stocks as a strategic component of their portfolios. Historically, energy and resource stocks have demonstrated a counter-cyclical performance, often rising when broader market indices face headwinds. This trend underscores the importance of including energy stocks in retirement accounts like 401(k)s, where diversification can help mitigate risk and enhance long-term returns. The recent surge in oil prices can be attributed to a combination of geopolitical tensions, supply chain disruptions, and recovering global demand post-pandemic. As energy prices rise, companies in the sector are likely to see improved earnings, which could translate into higher stock prices and dividends. For investors, this presents an opportunity to capitalize on a sector that not only offers potential for growth but also serves as a hedge against inflation, which has been a growing concern in the current economic climate. Incorporating energy stocks into a 401(k) can provide a buffer against market volatility, especially as traditional equities face uncertainty. While the past performance of energy stocks does not guarantee future results, their unique position in the market makes them a valuable asset for long-term investors looking to build a resilient retirement portfolio. As the energy landscape evolves, maintaining exposure to this sector could prove beneficial for those seeking to navigate the complexities of the financial markets.

  • Trump says oil and gas prices won't fall until 'right after' midterm election
    CNBC Top News · Sep 9, 2026

    Former President Donald Trump has stated that he believes oil and gas prices will not decrease until "right after" the upcoming midterm elections. This assertion comes amid rising energy costs that have been a significant concern for American consumers and businesses alike. Trump's comments reflect a broader sentiment among some political analysts who suggest that the current administration's energy policies may be influencing market dynamics and contributing to elevated prices. The implications of Trump's statement could be significant for the energy sector and the broader economy. Higher oil and gas prices have historically led to increased inflationary pressures, impacting consumer spending and potentially influencing voter sentiment as the midterms approach. If prices remain elevated, it could further complicate the Biden administration's efforts to manage inflation, which has already been a critical issue for voters. Market analysts will be closely monitoring energy prices in the lead-up to the elections, as fluctuations could sway public opinion and impact electoral outcomes. Additionally, any shifts in energy policy or geopolitical developments could further affect oil and gas prices, making this a key area of focus for investors and policymakers alike.

  • Oil hits $100 a barrel for first time since July after US and Houthi strikes
    BBC · Sep 9, 2026

    The U.S. military has intensified its response to Iranian aggression by destroying five Iranian oil tankers, following recent missile attacks aimed at a U.S. warship and American bases in Jordan. This escalation in hostilities marks a significant deterioration in U.S.-Iran relations and has immediate implications for global oil markets, with prices nearing $100 a barrel as tensions rise. The strikes come amid a backdrop of increasing military confrontations in the region, with Iran reportedly targeting U.S. assets in retaliation for previous actions. The destruction of the tankers not only disrupts Iran's oil supply but also signals a robust U.S. commitment to protecting its interests in the Middle East. Analysts suggest that sustained conflict could lead to further volatility in oil prices, potentially exacerbating inflationary pressures globally as energy costs rise. As both nations engage in this tit-for-tat exchange, market participants are closely monitoring the situation, with fears that prolonged conflict could lead to broader disruptions in oil supply chains. The geopolitical landscape remains fraught, and investors are advised to remain vigilant as developments unfold.

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