ConocoPhillips COP has declined 5.4% over the past year, significantly underperforming the 18.3% gain of the composite stocks belonging to the industry. Could this downward trend reflect the company's susceptibility to analysts' widespread expectations of declining crude oil prices in 2025 and 2026?

However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices collapsed in 2020. Here are the seven Bank of America buy-rated stocks with the highest correlation to WTI crude oil prices:

Chevron's diversification, high yield, and long history of success make it a strong buy in the oil space. ConocoPhillips will get an acquisition-fueled boost this year. Occidental Petroleum's efforts to improve its balance sheet could help the stock recover.

U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling energy prices, when they announce Q4 res

DT Midstream is an oil and gas exploration company with a market cap of $11.34 billion. The price-earnings ratio is 21. Earnings this year are down by 2.83% and there’s no five-year earnings record yet since it hasn’t been around that long. DT pays a 2.63% dividend.

In a report released today, Betty Jiang from Barclays maintained a Buy rating on Chevron (CVX – Research Report), with a price target of

ConocoPhillips has shown recent gains but remains volatile due to its dependence on crude oil prices. Click here to read an analysis of COP stock now.

Chevron Corp. affiliate Tengizchevroil started oil production at its Future Growth Project at Tengiz oil field in western Kazakhstan.

Chevron's diversification, high yield, and long history of success make it a strong buy in the oil space. ConocoPhillips will get an acquisition-fueled boost this year. Occidental Petroleum's ...

The Permian's contribution to US crude oil production is significant. In 2024, it was estimated to be 6.3 million barrels per day, accounting for 51.4% of the total output, estimated at 13.249 million barrels per day in 2024.

U.S. oil and gas companies are unlikely to expand development in Alaska and the Arctic following President Donald Trump's executive order enabling them to do so, company officials and industry representatives told Reuters,

In a report released today, Betty Jiang from Barclays maintained a Hold rating on APA (APA – Research Report), with a price target of $27.00.