Is ConocoPhillips a Millionaire Maker?
A lot of good things have happened at (NYSE: COP), but none of them matter much because of one overriding issue. If you are trying to build a million-dollar portfolio, this energy giant could help you get there. But you won't want to go all-in on this stock.
At the end of May 2024, ConocoPhillips announced that it was planning to buy Marathon Oil. The deal was fully consummated last week. From a big-picture perspective, that was pretty solid execution with regard to closing a big acquisition.
Image source: Getty Images.
Source Fool.com
ConocoPhillips Stock
€103.58
-0.860%
The stock is one of the favorites of our community with 84 Buy predictions and 1 Sell predictions.
With a target price of 108 € there is a slightly positive potential of 4.27% for ConocoPhillips compared to the current price of 103.58 €.
