Should You Buy ConocoPhillips With Oil Below $75 a Barrel?

On Feb. 27, oil markets closed with West Texas Intermediate (WTI) crude oil at about $67 a barrel, and a share of ConocoPhillips (NYSE: COP) could be bought for less than $113.As of June 22, WTI costs just a little more than $74 a barrel -- 10% more expensive -- while Conoco stock has fallen below $110, 2.5% cheaper than four months ago. And I ask you: Does this make sense?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool