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Stock impact report

The Iran Conflict Is Sending Oil Prices Soaring -- These 3 Energy Stocks Are Built to Profit [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Brent, the global oil benchmark, has surged from $60 to more than $100 a barrel, an over 70% gain. Crude prices will likely continue to rise the longer the war rages, as it directly impacts the oil market. Iran has blocked a key oil shipping lane and attacked oil infrastructure in the Persian Gulf. The surge in crude prices will benefit all oil stocks . Here are three energy companies built to profit from higher oil prices. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. ConocoPhillips ConocoPhillips (NYSE: COP) has built a world-class portfolio of low-cost resources. The oil giant only needs oil to be in the mid-$40s this year to generate enough cash to fund its capital program. Meanwhile, it only needs another $10 a barrel to fund its dividend. Last year, the company generated Show less Read more
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