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1 Reason to Buy ConocoPhillips Stock


(NYSE: COP) has built one of the deepest, most durable, and diverse portfolios in the oil and gas sector. It has one of the lowest break-even levels in the industry at less than $40 a barrel, putting it in a strong position to navigate the sector's volatility.

One crucial component of the company's portfolio is its growing liquefied natural gas (LNG) business. Here's why it makes the oil stock a buy.

Image source: Getty Images.

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Source Fool.com

ConocoPhillips Stock

€78.47
0.640%
ConocoPhillips gained 0.640% compared to yesterday.
The stock is an absolute favorite of our community with 50 Buy predictions and no Sell predictions.
With a target price of 109 € there is a positive potential of 38.91% for ConocoPhillips compared to the current price of 78.47 €.
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