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Why ConocoPhillips Stock Is Powering Down Today


Starting the week off on a bullish note, both the S 500 and Dow Jones Industrial Average are trending higher today. The same can't be said for shares of upstream energy leader (NYSE: COP). While there's no direct news from -- or about -- the company that speaks to the stock's decline today, investors are simply responding to tumbling energy prices.

As of 2:56 p.m. ET on Monday, shares of ConocoPhillips are down 3%.

Image source: Getty Images.

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Source Fool.com

ConocoPhillips Stock

€90.35
-0.910%
ConocoPhillips shows a slight decrease today, losing -€0.830 (-0.910%) compared to yesterday.
The stock is one of the favorites of our community with 68 Buy predictions and 1 Sell predictions.
With a target price of 100 € there is a slightly positive potential of 10.68% for ConocoPhillips compared to the current price of 90.35 €.
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