Oil stocks surged as the U.S. military captured President Nicolas Maduro in Venezuela, with Donald Trump announcing control of the country’s oil reserves. Chevron and Marathon Petroleum are set to benefit, but ConocoPhillips stands out with its $11 billion arbitration award for past expropriation, positioning it for significant profits in the region.

ConocoPhillips, an exploration and production company, operates globally with a focus on low-cost, low-carbon assets. Its diverse operations include plays in the Permian Basin, Alaskan super-giant fields, Canada’s oil sands, and projects in Norway and Asia Pacific, making it a solid hold in a volatile energy sector.

With its $11 billion arbitration award, ConocoPhillips holds leverage in negotiations to reenter Venezuela’s market and potentially recover substantial value. Its expertise in heavy crude extraction and low-cost structure position it to capitalize on opportunities for production growth and value creation in the region.

Analysts remain bullish on ConocoPhillips with a “Moderate Buy” rating, emphasizing its diversified portfolio and acquisition synergies. The mean price target of $112.70 represents potential upside of 16.5%, highlighting the company’s potential for outperformance in a recovering global oil market.

Read more at Yahoo Finance: Why ConocoPhillips Is One of the Top Oil Stocks to Buy After Venezuela