This Dividend-Paying Oil Stock Is a Great Value for Generating Passive Income
Oil stocks can be excellent sources of passive income for investors who can stomach the volatility of the cyclical energy sector. And with oil prices down 9% or so in the last year, many oil and gas stocks have sold off even as broader indexes like the S&P 500 make new highs.ConocoPhillips (NYSE: COP) is the largest U.S. exploration and production (E&P) company by market capitalization and has an elite portfolio of assets that can perform well even at weaker oil prices. Here's why ConocoPhillips is a top dividend stock to buy now.Image source: Getty Images.Continue reading
Oil stocks can be excellent sources of passive income for investors who can stomach the volatility of the cyclical energy sector. And with oil prices down 9% or so in the last year, many oil and gas stocks have sold off even as broader indexes like the S&P 500 make new highs.
ConocoPhillips (NYSE: COP) is the largest U.S. exploration and production (E&P) company by market capitalization and has an elite portfolio of assets that can perform well even at weaker oil prices. Here's why ConocoPhillips is a top dividend stock to buy now.
Image source: Getty Images.
