Reported about 23 hours ago
ConocoPhillips (COP) has emerged as one of the top stock picks by unknown billionaire Phill Gross, reflecting a projected upside potential of 34.9%. Despite a dip in earnings for 2024, the company has prioritized shareholder value, reporting earnings of $2.3 billion and returning $9.1 billion to shareholders. Under the leadership of Phill Gross, co-founder of Adage Capital Management, the firm maintains a disciplined investment approach, focusing on long-term value. As COP aims to generate $10 billion in shareholder returns for 2025, it remains a notable player in the oil and gas industry.
Source: YAHOO