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
€109.86
0.720%
With 80 Buy predictions and 1 Sell predictions ConocoPhillips is one of the favorites of our community.
However, we have a potential of -5.33% for ConocoPhillips as the target price of 104 € is below the current price of 109.86 €.
