ConocoPhillips stock rises as oil holds near six-month highs — what investors watch next
ConocoPhillips shares rose 0.9% to $103.74 in Friday afternoon trading, tracking crude prices near six-month highs ahead of Sunday’s OPEC+ meeting. Investors are watching for the company’s fourth-quarter earnings call on Feb. 5. ConocoPhillips’ Alaska operations faced no expected long-term production change after a drilling rig accident. Brent settled at $70.69 a barrel, with OPEC+ expected to hold output steady.