These 5 Dividend Stocks are Down 21% to 77%. Here's Why They're Worth Buying and Holding for at Least 5 Years.
Oxy and ConocoPhillips will sport lower profit margins when oil prices are low. But both companies can still be free cash flow (FCF) positive at prices much lower than today's levels. Oxy's portfolio has a breakeven level below $50 per barrel, while ConocoPhillips is working toward being FCF positive at just $35 per barrel.