Why ConocoPhillips Stock Rocketed Nearly 30% in February

Why ConocoPhillips Stock Rocketed Nearly 30% in February

Shares of ConocoPhillips (NYSE: COP) surged 29.9% in February, according to data provided by S&P Global Market Intelligence. Fueling the oil stock were higher oil prices and its fourth-quarter results. Crude prices continued rallying last month.