ConocoPhillips (COP)

ConocoPhillips says it will spend $11.2 billion on capital projects in 2010, a 10 per cent drop from estimated 2009 spending.
The nation's third-largest oil company previously said it would cut capital expenditures and sell off assets to help pay off debt and improve its cash position amid sagging profits.

Feb 16 · 2:52:00 PM · Source: News 1130
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by Michael Oliveto