ConocoPhillips Stock Drops, Despite Recent Gains

ConocoPhillips, a major oil and gas company, has seen its stock drop by twenty percent in the last year, underperforming similar energy stocks. Despite a recent three-month gain, the companys shares have been trading below key moving averages since October, indicating a downward trend. This contrasts with companies like The Williams Companies in the energy pipeline sector, which have seen their stocks rise over the past year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.