ConocoPhillips stock (COP) dips in premarket as oil slides; Australia gas discovery adds a wrinkle
New York, January 15, 2026, 05:26 EST — Premarket ConocoPhillips (COP) slipped roughly 1% in Thursday’s U.S. premarket, hitting $99.27. The drop pared some of Wednesday’s gains, as oil prices retreated. (marketbeat.com) Timing is key. Energy stocks have been volatile alongside crude prices, and Thursday’s action finds the stock near the upper end of its short-term range following a two-day rally. ConocoPhillips jumped 4.02% to close at $100.34 on Wednesday, bucking the broader market declines as the S&P 500 dropped 0.53% and the Dow dipped 0.09%. Volume surged to about 13.5 million shares, nearly twice its 50-day average. Exxon Mobil