ConocoPhillips' New Strategy Is Turning Heads

ConocoPhillips' New Strategy Is Turning Heads

ConocoPhillips is a lot like that guy or girl you hardly recognized at your high school reunion. Over the past 18 months, it's gone from a sluggish integrated major with what seemed to be uncoordinated assets around the world to a sleek, pure E&P company with a big focus on U.S. shale plays. In several ways, this transition is starting to pay off.

This past quarter, we saw two prime examples of this fundamental shift in strategy. Unlike its former peers in the integrated major space, ConocoPhillips didn't get stung quite as much by the decline in foreign oil prices. Also, its primary shale assets are in oil-heavy regions, which is something that can't be said for the company it once kept. Tune in to the following video, where contributor Tyler Crowe looks at how ConocoPhillips has made this transition and how that will translate to better earnings down the road.

The price of oil had a large impact on energy companies earnings this past quarter, both good and bad, which proved once again that oil prices remain king for energy investors. To help you better understand the market dynamics of oil prices and energy investments, our top analysts prepared a special report that reveals three stocks that are bound to soar as oil prices climb higher. Let us help you unravel the dynamics of the energy space and the name of these three companies. Simply click here and we'll give you free access to this report.

The article ConocoPhillips' New Strategy Is Turning Heads originally appeared on

Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Originally published