Big Growth Ahead for ConocoPhillips
ConocoPhillips (NYS: COP) recently spun off its downstream component, and is now able to focus fully on its core business. In this video, Motley Fool energy and materials analyst Taylor Muckerman discusses ConocoPhillips' ambitious, yet attainable, goals for growth. He also looks at the benchmarks that the company will be using to make its decisions on capital expenditures over the course of the next five years, during which the company hopes to grow production each year by 3%-5%.
With the swelling of the global middle class, energy consumption will skyrocket over the next few decades, and long-term investors know that you want exposure to this space now. We've picked one incredible natural gas company that presents a rare "double-play" investment opportunity today. We're calling it "The One Energy Stock You Must Own Before 2014," and you can uncover it today, totally free, in our premium research report. Click here to read more.
The article Big Growth Ahead for ConocoPhillips originally appeared on Fool.com.Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of ExxonMobil. Motley Fool newsletter services recommend Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.