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High Oil Prices Are Doing What Policy Never Could: It Is Making For Winning Comeback Stories

Source: SeekingAlpha

2026-06-03 13:09:41 ET

Every time oil starts moving toward $100 a barrel, investors begin comparing Exxon Mobil ( XOM ) , Chevron ( CVX ) , Shell ( SHEL ) , BP ( BP ) , and ConocoPhillips ( COP ) , trying to determine which oil company offers the greatest advantage. At $100 oil, they generate free cash flow at a level that funds buybacks, dividends, and further investment, but I'm not here to argue about buying an oil company....

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High Oil Prices Are Doing What Policy Never Could: It Is Making For Winning Comeback Stories
BP p.l.c.

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