Why ConocoPhillips Stock Dropped Today
Oil prices tumbled in Tuesday trading, with Brent crude futures falling 3% and WTI down 3.5% as of 3:15 p.m. ET -- and both flavors of oil suffered even bigger losses earlier in the day.
Curiously, ConocoPhillips (NYSE: COP) stock didn't. This oil major started the day off with only about a 2% decline, and remains down about 2.2%. Why?
Image source: Getty Images.
Source Fool.com
ConocoPhillips Aktie
102,92 €
-0,23 %
Starkes Buy-Sentiment bei ConocoPhillips mit 84 Buy- gegenüber 1 Sell-Einschätzungen.
Ein leicht positives Potenzial wird für ConocoPhillips mit einem Kursziel von 107 € im Vergleich zu 102.92 € gesehen.
