Mark Holder
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Mark Holder in Out Fox The $treet,

ConocoPhillips: Still Proud Of Production Growth

ConocoPhillips (COP) reported that Q1 production grew by roughly 2%. A big part of the increase was due to the APLNG project coming online, but the company still seems highly focused on flat production despite prices that caused a $1.2 billion quarterly loss and negative FCF of $1.1 billion prior to paying $300 million on dividends. 

Do you want to own a stock that can't control output based on prices?

Disclosure: No position