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Buying This Dirt-Cheap High-Yield Dividend Stock Could Be a Genius Move in 2023

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Buying This Dirt-Cheap High-Yield Dividend Stock Could Be a Genius Move in 2023: https://g.foolcdn.com/editorial/images/715367/gettyimages-1176638970.jpg

Like many oil and gas stocks, ConocoPhillips (NYSE: COP) crushed the broader indices in 2022. But just because the stock is up while the market is down doesn't mean the exploration and production (E&P) company is overvalued.

Here's why ConocoPhillips is poised to shine in 2023, outlast future oil and gas downturns, and distribute gobs of dividends to its shareholders.

Image source: Getty Images.

Source Fool.com

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