This Dividend-Paying Oil Stock Is a Great Value for Generating Passive Income
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Oil stocks, despite their volatility, are valuable for passive income. With a 9% drop in oil prices over the past year, many oil and gas stocks have declined, even as broader indexes like the S&P 500 reach new highs.
February 24, 2025 | 3:30 pm
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ConocoPhillips (COP) is highlighted as a dividend-paying oil stock that offers value for generating passive income, especially with the recent decline in oil prices.
COP is mentioned as a dividend-paying oil stock, suggesting it is a good value for passive income. The decline in oil prices may have made it more attractive to investors seeking income.
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