recent SA article mentions Cononco having a large presents in the Permian Basin ... but the author says COP is not in the top 3 of its largest producers... anyone know why? Give a Conoco LONG TERM investment opinion as well. Thanks
Conoco has a massive land position in the Permian and has allocated a couple of billion dollars to develop it. They will eventually be a top producer there. I think COP is pretty much fully priced now.