ConocoPhillips (NYSE:COP) is one of the best cheap strong buy stocks to buy now. In a report released on August 21, Leo Mariani from Roth MKM maintained a Buy rating on ConocoPhillips (NYSE:COP) and set a price target of $108.00.
An underground network of pipelines transporting oil through an expansive terrain.
The rating update came after 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.
