ConocoPhillips

ConocoPhillips shares climbed to a 52-week high of $137.57, up about 51.6% over the past 12 months and roughly 47.4% year-to-date. In Q2 2026 the company beat EPS expectations with adjusted earnings of $3.24 but slightly missed revenue forecasts with $18.64 billion. Production was 2.248 million barrels of oil equivalent per day and free cash flow amounted to $4.2 billion; UBS raised its price target to $153 and reiterated its buy rating. Additionally, Aker BP announced an agreement to acquire Apache’s stakes in Losgann/Froskelår and 51% of the Slagugle area from ConocoPhillips Skandinavia, subject to regulatory approval. » Więcej na de.investing.com

Shares of ConocoPhillips climbed to a 52-week high of $135.89 and are up about 37.14% over the past year and 44.65% since the start of the year. For Q2 2026 the company reported adjusted earnings of $3.24 per share, above estimates, with revenue slightly below expectations and production of 2.248 million barrels of oil equivalent per day. UBS raised its price target to $153, citing a strong project pipeline and the swift appointment of new CEO Andy O’Brien; several analysts also raised their earnings estimates. » Więcej na de.investing.com

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. » Więcej na finanzen.net