COP has been in the news 316% more than usual
Jun 13, 2025, 4:31 PM
-6.65%
What does COP do
ConocoPhillips is a Houston-based exploration and production company employing 10,000 people, operating through six segments focused on crude oil, natural gas, and bitumen across various global regions. Its segments include operations in Alaska, the Lower 48 states, Canada, Europe, the Middle East, North Africa, and Asia Pacific.
COP has been in the news recently: Recent geopolitical tensions, particularly Israel's airstrikes on Iran, have led to rising oil prices, benefiting major companies like Chevron and Exxon Mobil. As oil futures increase, there is heightened interest in energy sector investments, including the Energy Select Sector SPDR Fund (XLE).
📡️ Energy
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