Current COP Stock Info

Sustaining capital only $3.5 billion
ConocoPhillips (ticker: COP) held its annual investor meeting earlier this month, outlining the company’s strategy in the coming years.

ConocoPhillips intends to stick with its current strategy, prioritizing returns over growth. This plan was unveiled last year, when the company retooled itself for $50 oil. While most oil and gas companies turned to higher growth, Conoco decided to avoid chasing the cycle. The company has been rewarded for this approach, as its subsequent shareholder returns have exceede...

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