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Truist lowers its price target on ConocoPhillips after Q2, keeps a Hold rating
The Apex Times

THE APEX TIMES

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Oil back above $80 reopens the profit window for ExxonMobil’s upstream operations
The Apex Times

THE APEX TIMES

Business / The Apex Times

Oil back above $80 reopens the profit window for ExxonMobil’s upstream operations

With benchmark crude prices returning above $80, Exxon Mobil’s upstream business faces less pressure than it would under the much lower “shut-in” price levels cited in recent market commentary, even as the company continues to announcement higher production goals.

Jul 14, 12:40 PM EDT
Oakmark investor letter points to pressures in ConocoPhillips’ Q2 performance
The Apex Times

THE APEX TIMES

Business / The Apex Times

Oakmark investor letter points to pressures in ConocoPhillips’ Q2 performance

A new Oakmark Fund update highlighted factors investors associate with weakness in ConocoPhillips’ second-quarter results, according to a recap published on Yahoo Finance. The detailed drivers are contained in the fund’s investor letter, which is offered for download.

Jul 14, 10:25 AM EDT