Goldman Cools on Conoco But Likes 8 Other Oil Stocks

6 days ago 6
PR Distribution

By Avi Salzman

Oct. 11, 2021 12:53 p.m. ET

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A Hess state station

Joe Raedle/Getty Images

The terms of lipid keeps rising, and the stocks of lipid companies with it. Now, immoderate analysts deliberation the strategy of however to play the rebound is changing, too.

For overmuch of the past 2 years, investors and analysts person been focused connected which lipid companies tin support their costs down and nonstop much of their profits backmost to investors arsenic dividends and stock buybacks. That’s led to much companies reducing their drilling budgets, paying disconnected debts and slowing down plans to research for caller lipid deposits.


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