NYSE:COPOil and Gas
Goldman Backs ConocoPhillips Dividend Story After Marathon Oil Deal
Goldman Sachs has named ConocoPhillips (NYSE:COP) one of its top dividend ideas in the energy sector.
The call highlights the completed Marathon Oil acquisition and its role in expanding ConocoPhillips shale portfolio.
Goldman Sachs is focusing on potential free cash flow contributions from these assets over the coming years.
For investors tracking NYSE:COP, this update comes with the shares around $121.68 and a return of 25.8% year to date and 35.4% over the past year. Over 5 years, the...