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ConocoPhillips Announces 10-Year Capex Plan

ConocoPhillips Announces 10-Year Capex Plan


Industry Segment: Production | Word Count: 778 Words

SUGAR LAND--November 21, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Leading energy company ConocoPhillips (NYSE:COP) (Houston, Texas) announced its capital expenditure (capex) plans through 2029 as well as its outlook for oil prices and plans for its assets. The company plans to sell a 25% stake in its Alaska assets, while more than doubling its U.S. shale production from 2020 through 2029. Industrial Info is tracking more than $28 billion worth of active ConocoPhillips projects.

Within this article: Details of major ConocoPhillips projects

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