Previous close | 7.50 |
Open | 7.64 |
Bid | 3.55 |
Ask | 4.30 |
Strike | 175.00 |
Expiry date | 2026-01-16 |
Day's range | 7.50 - 7.64 |
Contract range | N/A |
Volume | |
Open interest | 33 |
Favorable oil price is aiding ConocoPhillips' (COP) bottom line. However, increasing production and operating expenses are hurting it.
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated cuts.
Big Oil companies like ExxonMobil, Chevron and ConocoPhillips are using mergers and acquisitions to consolidate their future in a volatile and evolving market.