Stockchase Opinions

Jim Cramer - Mad MoneyConocoPhillipsCOPBUYApr 29, 2022

They report Wednesday. Likes it--fabulous with a good balance of natural gas and crude oil.
$95.52

Stock price when the opinion was issued

integrated oils
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DON'T BUY

Has never owned. The only oil stock he owns right now is CNQ.

BUY

Has owned this for a year, still trades reasonably, high free cash flow and low debt. One of the largest, lowest-cost producers.

DON'T BUY

Likes energy space. 
Better options for investors.
Would prefer integrated energy names (refining capability).

BUY

Strong free cash flow, credit profile and disciplined spending. Chinese demand will rise. Among the best names in energy.

BUY

They did a golden cross (50-day moving average above the 200). One of the best names in this space.

BUY

He remains overweight energy in this name and others. Oil is a great hedge to geopolitical risk, like a flare-up in Iran or the Russian war. Also, we're entering summer driving season. Also, oil will benefit from a rotation into the value trade. Oil companies are fundamentally sound.

BUY

Energy remains a favoured sector as oil and gas prices remain up from supply constraints. A large, diversified operator with lower production costs. Trades at 10x, a little expensive, but still high quality.

HOLD
You must own at least one oil stock. He's taken some profits, but won't sell anymore.
WEAK BUY
A good proxy for the energy sector. Can't comment on short-term trading, because it all depends on where crude oil and nat gas prices go. It's a well-run company and pays an okay dividend, though not high.
PAST TOP PICK
(A Top Pick Jun 24/21, Up 55%) He's adding to this. Energy remains attractive as oil prices remain firm. The current pullback in oil prices opens an opportunities. Pays a 2% dividend. 10% free cash flow. Will buyback shares and pays dividends.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 03/22, Down 5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with COP has triggered its stop at $93. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 50%, when combined with our previous buy recommendation.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 03/22, Up 64.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with COP is progressing well. We now recommend trailing up the stop (from $80) to $95 at this time.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly The recent tragic events in Ukraine underscore the urgency of security of energy supply and that is why COP is reiterated as a TOP PICK. With holdings in the most prolific basins in the US -- Eagle Ford shale, Bakken shale, and Delaware Basin and term debt that is only 23% of the capital structure makes this a good strategic fit. We also like that they have building cash reserves while paying down debt and buying back shares and it pays a dividend backed by a payout ratio of 33% of cash flow. We recommend trailing up the stop (from $50) to $80, looking to achieve $115 -- over 16% upside. Yield 1.45% (Analysts’ price target is $103.56)
BUY
It's snapping up Shell's assets in the Permian Basin for a song. He's bullish the energy sector, the hottest in the market now.