This Oil Stock Plans to Give Investors $7 Billion in 2022

This Oil Stock Plans to Give Investors $7 Billion in 2022

ConocoPhillips (NYSE: COP) recently unveiled its preliminary plans for 2022. The highlight is a three-tiered program that could see the oil stock return around $7 billion in cash to investors over the coming year. ConocoPhillips plans to invest $7.2 billion into its oil and gas business in 2022.