ConocoPhillips COP has declined 5.4% over the past year, significantly underperforming the 18.3% gain of the composite stocks belonging to the industry. Could this downward trend reflect the company's susceptibility to analysts' widespread expectations of declining crude oil prices in 2025 and 2026?
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices collapsed in 2020. Here are the seven Bank of America buy-rated stocks with the highest correlation to WTI crude oil prices:
U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling energy prices, when they announce Q4 res
In a report released today, Betty Jiang from Barclays maintained a Buy rating on Chevron (CVX – Research Report), with a price target of
Chevron's diversification, high yield, and long history of success make it a strong buy in the oil space. ConocoPhillips will get an acquisition-fueled boost this year. Occidental Petroleum's ...
ConocoPhillips has shown recent gains but remains volatile due to its dependence on crude oil prices. Click here to read an analysis of COP stock now.
Chevron Corp. affiliate Tengizchevroil started oil production at its Future Growth Project at Tengiz oil field in western Kazakhstan.
In a report released today, Betty Jiang from Barclays maintained a Hold rating on APA (APA – Research Report), with a price target of $27.00.
In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands against the other stocks. Jim Cramer, the host of Mad Money, recently shared his thoughts on the ...
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.
Chevron U.S.A. announced Tuesday a partnership with Engine No. 1 and GE Verona in plan to develop reliable power solutions for U.S. data centers running on natural gas.
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers,