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Stock impact report

This Top Oil Stock Expects to Deliver Steadily Rising Free Cash Flow Before Hitting a Gusher in 2029 [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
It expects its already robust free cash flow will grow by $1 billion each year through 2028. The oil company's free cash flow will surge by a further $4 billion upon the completion of a major growth project in 2029. 10 stocks we like better than ConocoPhillips › ConocoPhillips (NYSE: COP) already produces an abundance of free cash flow. That allows the oil giant to return lots of cash to investors while maintaining its fortress financial profile. The company's already robust free cash flow is on track to steadily increase over the next few years, before reaching a major inflection point in 2029 when a large new oil project comes online. That will give the oil stock even more money to return to investors in the future. Image source: Getty Images. Built to thrive at lower oil prices ConocoPhillips has built its business to thrive at lower oil prices. The company has spent the past few years shifting its portfolio away from lower-margin areas toward lower-cost regions. It Show less Read more
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