Companies like Exxon Mobil and ConocoPhillips say that Venezuela owes them billions of dollars for confiscating their assets two decades ago.

Shares of U.S. oil and gas major ConocoPhillips ( COP +3.59%) rallied as much as 6.5% on Monday, before settling into a 3.2% gain as of 12:42 p.m. EDT. Conoco, along with other U.S.-based oil and gas producers, oil services companies, and refiners, rallied today in response to the U.S. ousting Venezuelan President Nicolás Maduro last Friday night.

ConocoPhillips (NYSE:COP) is included among the 10 Best Natural Gas Stocks to Buy Right Now. ConocoPhillips (NYSE:COP) is one of the world’s largest independent E&P companies based on oil and natural gas production and proved reserves.

ConocoPhillips emerges as a compelling investment amid the expected revival of Venezuela’s oil sector, blending its arbitration leverage, heavy crude expertise, and solid fundamentals for long-term gains.

News of a second gas strike comes amid worries that the federal government’s domestic gas reservation plan may undermine new projects.

ConocoPhillips (COP) in focus as Venezuela’s regime shifts—see Seeking Alpha Quant Rating, analyst grades, price targets and upside potential.

Shares of ConocoPhillips have underperformed the broader market over the past year. The independent energy producer's business is highly tied to commodity prices. The best time to buy a company like ConocoPhillips is often when others find it unappealing.

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. The oil and gas industry has had a rough ride since the oil price downturn of 2014. Over the past five years, the Energy ...

ConocoPhillips is a strong buy due to solid production growth, attractive capital return potential, and a cheap forward P/E ratio of 10.9X. The acquisition of Marathon Oil enhances ConocoPhillips' earnings and free cash flow, complementing its existing ...

As you can see, stock splits have been a part of ConocoPhillips history going back quite a while, although most of the past splits track along the Phillips Petroleum line of the corporate family tree. Conoco and Phillips merged in 2002, so the most recent ...