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ConocoPhillips Announces Preliminary 2022 Capital Expenditures Budget
December 07, 2021
HOUSTON, Texas, Dec. 7 -- ConocoPhillips, a producer of oil and gas resources, issued the following news release on Dec. 16, 2021:

ConocoPhillips (NYSE: COP) today announced several updates that highlight the company's differentiated value proposition. This announcement follows the recent closing of the company's acquisition of Shell's Permian Basin properties on Dec. 1 for net cash of $8.6 billion.

Today's announcement reflects the addition of Shell . . .

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