Why ConocoPhillips Stock Rocketed More Than 16% in March

Why ConocoPhillips Stock Rocketed More Than 16% in March

Key PointsOil had its best month since the pandemic. Higher oil prices will boost ConocoPhillips' earnings. The war could have some negative impacts on the energy company. 10 stocks we like better than ConocoPhillips › Shares of ConocoPhillips (NYSE: COP) surged 16.3% in March, significantly outperforming the 5% decline in the S&P 500. The oil company benefited from a big surge in crude oil prices last month. Here's a look at what fueled its ral…