Seven U.S. stocks, including ConocoPhillips and ExxonMobil, could see significant gains if Venezuela shifts to U.S.-friendly policies.
Both companies lost assets to expropriation under Chavez and Maduro, with ExxonMobil securing a $986 million arbitration award (enforced in the U.S. in Sept 2025) and ConocoPhillips winning an $8.7 billion award in 2019.
With recent U.S. intervention capturing Maduro, a stable Venezuela could unlock these funds and restart production, boosting stock values amid growing oil demand. Worth keeping an eye on! Thoughts?
"Diversification may preserve wealth, but concentration builds wealth" - Warren Buffett #WeekendMarketAnalysis
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Here's a quick update for you.
Seven U.S. stocks, including ConocoPhillips and ExxonMobil, could see significant gains if Venezuela shifts to U.S.-friendly policies.
Both companies lost assets to expropriation under Chavez and Maduro, with ExxonMobil securing a $986 million arbitration award (enforced in the U.S. in Sept 2025) and ConocoPhillips winning an $8.7 billion award in 2019.
With recent U.S. intervention capturing Maduro, a stable Venezuela could unlock these funds and restart production, boosting stock values amid growing oil demand. Worth keeping an eye on! Thoughts?
"Diversification may preserve wealth, but concentration builds wealth" - Warren Buffett
#WeekendMarketAnalysis