This Top Oil Stock Plans to Send Investors $10 Billion in Cash in 2025

07.02.25 10:04 Uhr

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ConocoPhillips (NYSE: COP) has transformed its business into a cash-gushing machine. The oil company has invested heavily in developing and expanding its low-cost oil and gas resources, which is allowing it to produce prodigious cash flow and return a lot of money to shareholders. The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, it's aiming to return $10 billion in 2025. Here's a look at what's fueling its ability to return so much money to investors.ConocoPhillips recently reported its fourth-quarter and full-year results for 2024. The oil giant generated $20.3 billion in cash from operations last year. It used some of that money to fund $12.1 billion in capital expenditures and investments to maintain and grow its low-cost oil and gas resources, which included investing $400 million in bolt-on acquisitions in Alaska during the fourth quarter. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool

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