ConocoPhillips Targets $7 Billion Free Cash Flow Inflection by 2029, Raises Dividend 11%
ConocoPhillips raises its quarterly dividend 11% to $0.93 per share after generating $7.2 billion in operating cash flow during Q3.
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Why It Matters
ConocoPhillips made more cash than expected and is sharing more money with owners. When a company feels confident about its future cash, it usually means the business is doing well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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