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ConocoPhillips: We’ve Reduced the ‘Growth Money’ Spend – the $17 Billion We Used to Spend Back in 2014

ConocoPhillips: We’ve Reduced the ‘Growth Money’ Spend – the $17 Billion We Used to Spend Back in 2014

ConocoPhillips (ticker: COP), the world’s largest independent E&P company, reported its Q3 financial results yesterday.

Q3 2017 Summary

  • Achieved Q3 production excluding Libya of 1,202 MBOED; 1.4 percent year-over-year underlying production growth excluding the impact of closed or signed dispositions;