Strive Asset Management Takes $946,000 Stake in ConocoPhillips

2026-04-02 14:30:35

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Strive Asset Management LLC has acquired 10,000 shares of ConocoPhillips, valued at approximately $946,000, in the third quarter. This investment signals growing institutional confidence in ConocoPhillips’ long-term prospects, driven by rising oil prices and an improved free cash flow outlook. The move suggests that some institutional investors believe ConocoPhillips shares, despite hitting a 52-week high, still offer potential for further growth.

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