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3 Top Oil Stocks to Buy With Crude Hovering Around $70 a BarrelLearn More » ConocoPhillips has transformed its operations over the years to become a low-cost oil producer. The U.S. oil giant has sold higher-cost oil assets and recycled that capital into ...
It brought his stake to just under $13 billion at today’s price. Buffett loves Occidental’s low-cost oil production in the Permian Basin, its $18.5 billion acquisition of CrownRock in 2024 ...
With a supply cost that low, ConocoPhillips can cash in on $70 crude oil. The oil company expects to produce enough cash to cover the $12.9 billion it plans to invest in capital projects to ...
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