4 Things ConocoPhillips' CFO Wants You to Know About Its Stunning Transformation
ConocoPhillips (NYSE: COP) recently reported surprisingly strong third-quarter results, easily overcoming the impact from Hurricane Harvey. Not only was production at the high end of its guidance range despite shutting down some output due to the storm, but earnings were double what analysts anticipated. Driving those results was the positive impact of the company's strategic portfolio transformation.
The revamp was front and center on the company's third-quarter conference call, during which CFO Don Wallette updated investors on its progress. He noted four areas that show just how far the company has come in a short amount of time.
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Source: Fool.com
ConocoPhillips Stock
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