Conocophillips loading up the inventory. the purchase of the permian acreage was definitely not cheap. this continues a process of moving away from the alaska growth story. the most attractive part of the deal is raising the dividend & being immediately accretive. management continues to downgrade the importance of operational optimization by spending next to no time on it when communicating with shareholders. the current strategy may cap the appreciation potential of the stock COP Similar Stonks Comparison Energy - Oil & Gas Market Cap $COP 99.9 B $XOM 266.5 B $CVX 224.2 B $BP 90.6 B $AMTX 601.5 M
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