ConocoPhillips: Oil At $85, Buy Or Sell?
COPConocoPhillips(COP) Seeking Alpha·2024-04-11 09:48
imaginimaConocoPhillips's (NYSE:COP) shares have soared year-to-date, largely because the U.S. economy is expanding rapidly and OPEC+ members last month agreed to a new round of voluntary supply limitations that boosted petroleum prices to the $80+ per barrel price range. With improved operating conditions, production-focused energy companies like ConocoPhillips also have higher investment appeal for investors and are likely to boost their capital returns. I believe ConocoPhillips is headed for a very s ...