COP: The Undervalued Stock That Superinvestors Are Loading Up On

As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.

While doing this research we’ve also uncovered a number of common stocks that investing gurus have recently bought, or continuing to hold in their portfolios, according to their latest 13f’s. This week we’ll take a look at:
 

ConocoPhillips (COP)

ConocoPhillips is a US-based independent exploration and production firm. In 2023, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2023 were 6.8 billion barrels of oil equivalent.

A quick look at the price chart below for the company shows us that the stock is down 2.91% in the past twelve months.

Source: Google Finance

Superinvestors who recently bought, or continue to hold the stock, according to their latest 13Fs include:

(Shares)

Ken Fisher – 12,456,011

Bill Nygren – 5,097,400

Chris Davis – 1,407,562

Cliff Asness – 877,031

Joel Greenblatt – 223,154

Louis Bacon – 131,221

Ray Dalio – 3,079


More By This Author:

Torm PLC: Is This Deeply Undervalued Stock A Hidden Gem?
Moody’s Corporation (MCO) DCF Valuation: Is The Stock Undervalued?
Sasol Ltd: Is This Deeply Undervalued Stock A Hidden Gem?

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