ConocoPhillips (NYSE:COP) is likely one of the prime most undervalued low volatility shares to purchase now. UBS raised the agency’s worth goal on ConocoPhillips (NYSE:COP) to $123 from $116 on August 20, holding a Purchase score on the shares.
The score replace got here after ConocoPhillips (NYSE:COP) 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 money offered by working actions reached $3.5 billion, whereas money from operations (CFO) in Q2 was $4.7 billion. ConocoPhillips (NYSE:COP) additionally declared a Q3 abnormal dividend of $0.78 per share.
ConocoPhillips (NYSE:COP) is an exploration and manufacturing firm that explores, transports, produces, and markets pure gasoline, crude oil, and bitumen.
It operates by the next geographical segments: Alaska, Decrease 48, Canada, Europe, the Center East, and North Africa, Asia Pacific, and Different Worldwide.
Whereas we acknowledge the potential of COP as an funding, we consider sure AI shares provide larger upside potential and carry much less draw back danger. In the event you’re searching for a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
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Disclosure: None. This text is initially revealed at Insider Monkey.
