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This Oil Stock Is a Cash-Gushing Machine

TheMotleyFool

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This Oil Stock Is a Cash-Gushing MachinePhoto, wide shot, wide-angle lens, Coal company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.midjourneyapi.xyz/temp/2a011bdc-adca-4de9-8457-d868b31178cf.png

While most oil companies continue to struggle with the persistent volatility in the price of crude oil, ConocoPhillips (NYSE: COP) keeps cashing in, which was evident once again during the fourth quarter. The oil giant generated another gusher of cash flow, which gave it the money to invest in its operations while returning a boatload to shareholders. The company fully expects that trend to continue in the coming years, given its successful strategy of turning crude into cash.

Metric

Q3 2019

Source Fool.com

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