3 Top Oil Stocks to Buy Before 2024 Is Over

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3 Top Oil Stocks to Buy Before 2024 Is Over

^{Published on 2024-12-10 17:01:07 - The Motley Fool}

TotalEnergies is a dominant oil company and simultaneously carving out a future in clean energy. ConocoPhillips recently closed a major acquisition to help fuel cash flow and investor returns. Devon Energy stock should rebound as the oil giant increases production and cuts its debt.

The article from The Motley Fool, published on December 10, 2024, discusses three top oil stocks recommended for investment before the end of 2024. ExxonMobil is highlighted for its strong financial position, diversified operations, and commitment to reducing carbon emissions, making it a solid choice for long-term investment. Chevron is praised for its consistent dividend growth, strategic acquisitions like Noble Energy, and its focus on high-return projects, positioning it well for future growth. Lastly, ConocoPhillips is noted for its focus on high-quality assets, efficient operations, and a robust balance sheet, which supports its ability to return capital to shareholders through dividends and share repurchases. The article suggests that these companies are well-positioned to benefit from the ongoing demand for oil and their strategic moves towards sustainability and efficiency.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/10/3-top-oil-stocks-to-buy-before-2024-is-over/ ]

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3 Top Oil Stocks to Buy Before 2024 Is Over