Like most real oil firms, ConocoPhillips was an under performer in 2012 and 2013. Share price of ConocoPhillips has furthermore fallen to 6.5% as petroleum prices have fallen worldwide. However, as they are still under $70 in terms of stock prices, one has to accept that ConocoPhillips stocks are grand value suggestions that have a great chance of rising high and offer potential profits for long-term speculators. Not like Exxon and Chevron (CVX), ConocoPhillips might not be doing as well as the former companies due to its alienation from the parent merging company Phillips 66 (PSX) but the administration of the company will center its focus only on developing process to convey stronger returns.
COP travelled a long distance since its foundation. It has seen a lot of ups and downs, but is still moving albeit slowly. But this slow move means that COP is generating something. The COP stock news has always been a roller coaster as the COP stock news never stood stable anywhere in last decade. The COP stock analysis would later confirm that COP has not done well after releasing earnings of the last quarter. But COP anticipates to do well in the upcoming years with giving full focus on raising its stock value and profits. However, it is still to be seen.