ConocoPhillips Aims for $11 Billion-to-$11.5 Billion Capex in 2024

February 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--ConocoPhillips' (NYSE:COP) (Houston, Texas) guidance for 2024 calls for $11 billion to $11.5 billion in capital expenditures (CAPEX) as construction of its Willow oil drilling project in Alaska moves into high gear and it continues funding for a liquefied natural gas (LNG) project in Texas in partnership with Sempra Energy (NYSE:SRE) (San Diego, California).