ConocoPhillips: An Oil Price Spike Winner
ConocoPhillips (NYSE: COP ) is shaping up to be a big winner of the current oil price spike. After Israel’s attack on Iran last Thursday, and a continual escalation since, petroleum prices have spiked, which drastically improves the earnings and free cash flowAnalyst’s Disclosure:I/we have a beneficial long position in the shares of COP, XOM, CVX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for i ...