COP has been in the news 375% more than usual
May 08, 2025, 8:32 AM
-0.59%
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: West Texas Intermediate crude prices increased to $59.10 per barrel amid rising geopolitical tensions in the Middle East. Elliott Investment Management is urging leadership changes at Phillips 66, a major shareholder, ahead of the company's annual meeting on May 21.
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