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Vaccine Hopes Sent These 3 Oil Stocks Up More Than 15%: Here's Why They're Still Cheap

Matthew DiLallo, Reuben Gregg Brewer, and Daniel Foelber, The Motley Fool
·5-min read
Vaccine Hopes Sent These 3 Oil Stocks Up More Than 15%: Here's Why They're Still Cheap

Three that stood out to some of our energy contributors were ConocoPhillips (NYSE: COP), Chevron (NYSE: CVX), and ONEOK (NYSE: OKE). Daniel Foelber (ConocoPhillips): Shares of ConocoPhillips soared over 14% on Monday followed by an additional 6% pop on Tuesday as investors cheered higher oil prices, vaccine hopes, and a Biden presidency. As an oil and gas exploration and production (E&P) company, ConocoPhillips is susceptible to the volatility of oil prices.

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