ConocoPhillips (NYSE:COP) is one of the best stocks to invest in for the long term. In a report released on August 13, Scott Hanold from RBC Capital maintained a Buy rating on ConocoPhillips (NYSE:COP) and set a price target of $113.00.
An underground network of pipelines transporting oil through an expansive terrain.
ConocoPhillips reported its fiscal Q2 2025 earnings on August 7, with earnings per share for the quarter reaching $1.56 and adjusted earnings per share of $1.42.
Generated cash provided by operating activities was $3.5 billion, while cash from operations (CFO) in Q2 reached $4.7 billion. ConocoPhillips also declared a Q3 ordinary dividend of $0.78 per share.
ConocoPhillips is an exploration and production company that explores, transports, produces, and markets natural gas, crude oil, and bitumen.
It operates through the following geographical segments: Alaska, Lower 48, Canada, Europe, the Middle East, and North Africa, Asia Pacific, and Other International.
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This article is originally published at Insider Monkey.
