11 Best and Cheap Stocks to Buy Right Now

Page 5 of 10

6. ConocoPhillips (NYSE:COP)

Forward P/E Ratio: 14.95

Number of Hedge Fund Holders: 72

ConocoPhillips (NYSE:COP) is one of the Best and Cheap Stocks to Buy Right Now. On September 25, ConocoPhillips (NYSE:COP) announced that it will host its fiscal third-quarter earnings conference on November 6, 2025.

The company reported mixed results during its fiscal second quarter of 2025. It delivered an EPS of $1.42, which topped estimates by $0.06. However, the revenue of $14.74 billion, which grew 4.27% year-over-year, missed estimates by $150.41 million. Management noted production for the quarter was 2,391 MBOED, which grew 446 MBOED year-over-year.

ConocoPhillips (NYSE:COP) expects third-quarter production between 2.33 MMBOED and 2.37 MMBOED. Wall Street is bullish on the stock ahead of its earnings release. On September 15, Nitin Kumar CFA from Mizuho Securities reiterated a Buy rating on the stock, while reducing the price target from $125 to $120. More recently, on September 25, Stephen Richardson from Evercore ISI also reiterated a Buy rating on the stock with a price target of $115.

ConocoPhillips (NYSE:COP) is an exploration and production company focused on crude oil, natural gas, and natural gas liquids.

Page 5 of 10