ConocoPhillips

ConocoPhillips shares have ended their pause and are gaining momentum again, supported by the 38-month line at around $108.91. Technical indicators such as the MACD signal buying strength, with a target at the resistance zone of $135–138. A break above $138 would generate a procyclical buy signal and would theoretically open up further potential of about $55, provided the stock does not fall back below the 38-month line. » Altro su finanzen.net

ConocoPhillips shares rose to a 52-week high of $135.87; most recently they were trading at $135.84 with a market capitalization of $163.19 billion and a P/E ratio of 17.93. Over the past year the stock gained 43.18%. For Q2 2026 the company reported adjusted earnings of $3.24 per share (expectation $2.85), revenue of $18.64 billion (slightly below forecasts), production of 2.248 million barrels of oil equivalent per day and free cash flow of $4.2 billion. UBS raised its price target to $153 and reaffirmed its buy rating; seven analysts also raised their estimates, and ConocoPhillips has paid dividends for 56 consecutive years. » Altro su de.investing.com

ConocoPhillips reported adjusted earnings of $3.24 per share for Q2 2026, topping the consensus of $2.85, while revenue of $18.64 billion slightly missed estimates. Production reached 2.248 million BOE/d, driven by a record of more than 900,000 BOE/d in the Permian Basin, and free cash flow was $4.2 billion. The company keeps its full-year capex guidance at $12.0–12.5 billion, has met divestment targets ahead of schedule and is expanding its LNG portfolio. Management and succession planning were discussed; the goal is roughly $7 billion of free cash flow by 2029. » Altro su de.investing.com