Higher Risk For ConocoPhillips: Production Cuts Or Oil Price Volatility?
- Friday, June 26, 2020, 7:14
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In April, ConocoPhillips announced a 30% production cut for June primarily due to declining energy demand and low benchmark prices. While the stock has gained nearly 80% since the lows observed on March 23, Trefis believes that ConocoPhillips’ stock faces a higher risk from declining production…
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