According to historical data since 1972, ConocoPhillips is moving towards the goal of reaching a record closing high. Currently, the oil and gas company's stock price is hovering around $135, an increase of less than 0.1%. This will be the first time since November 2022 that the company has set a new closing record. Currently, its stock price has been rising for six consecutive trading days, with a cumulative increase of 8.6% during this period. According to the news, the strong trend in ConocoPhillips stock prices was mainly due to its second-quarter earnings report, which exceeded expectations. Driven by rising energy prices and excellent operating performance, the company's adjusted earnings per share surged 122% year over year, and production set a new record. In addition, the company reaffirmed a strong shareholder return plan and obtained an increase in target prices and “buy” ratings from many Wall Street investment banks, which greatly boosted market confidence.

According to historical data since 1972, ConocoPhillips is moving towards the goal of reaching a record closing high. Currently, the oil and gas company's stock price is hovering around $135, an increase of less than 0.1%. This will be the first time since November 2022 that the company has set a new closing record. Currently, its stock price has been rising for six consecutive trading days, with a cumulative increase of 8.6% during this period. According to the news, the strong trend in ConocoPhillips stock prices was mainly due to its second-quarter earnings report, which exceeded expectations. Driven by rising energy prices and excellent operating performance, the company's adjusted earnings per share surged 122% year over year, and production set a new record. In addition, the company reaffirmed a strong shareholder return plan and obtained an increase in target prices and “buy” ratings from many Wall Street investment banks, which greatly boosted market confidence.