This Top Oil Stock Is a Cash-Producing Machine
(NYSE: COP) has spent several years building a low-cost oil company. It has sold off higher-cost assets and recycled the capital to expand its lower-cost resources. The result is an oil company that can produce a lot of cash at lower oil prices.
That was on full display during the first quarter. Meanwhile, with further improvements in its cash flow ahead, the oil stock will become an even more efficient cash-producing machine.
Image source: Getty Images.
Source Fool.com
ConocoPhillips Stock
€81.54
0.180%
The stock is an absolute favorite of our community with 62 Buy predictions and no Sell predictions.
With a target price of 101 € there is a positive potential of 23.87% for ConocoPhillips compared to the current price of 81.54 €.
