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ConocoPhillips

COP: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$442.00FphzdFtbqvrsfdx

ConocoPhillips Keeps the Focus on Capital Discipline and Shareholder Returns

Business Strategy and Outlook

Differentiating itself from peers big and small, ConocoPhillips has laid out a 10-year plan for restrained investment, steady growth, improving returns, and, importantly, returning cash to shareholders. Its strategy makes Conoco a compelling option in the energy sector, given its commitment to capital restraint and clear policy on return of cash to shareholders. Its low-cost portfolio gives it high return investment options to grow in a rising price environment while its strong financial position keeps the dividend safe in a downcycle.

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