Shares of ConocoPhillips have fallen around 16% year to date, but analysts anticipate about 38% upside in 2025. Jefferies recently named ConocoPhillips its top pick heading into the new year, noting it has been lagging U.S. peers.
ConocoPhillips may be poised for big gains over the next several months, according to Wall Street. Shares of the Texas-based oil company have fallen around 16% year to date, but that could take a turn in 2025, as analysts anticipate about 38% upside. For instance, Jefferies recently named ConocoPhillips its top pick heading into the new year, noting it has been lagging U.S. peers.
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