COP · News · 20260929N

Oil and Gas Price Sensitivity

CONOCOPHILLIPS · 2026-09-29 · Importance 13 · Surprise 6

West Texas Intermediate crude was trading above $90 per barrel on September 29, 2026. The reported price environment was described as favorable for exploration and production companies, including ConocoPhillips. ConocoPhillips was identified as positioned to benefit from high prices through low-cost drilling opportunities and growing production volumes, although no company-specific guidance was provided.

Key facts

• ConocoPhillips is described as poised to benefit from West Texas Intermediate crude trading above $90 per barrel due to its low-cost drilling opportunities and growing production volumes. source