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This Top Oil Stock Expects an Unlikely Source to Help It Double Its Free Cash Flow by 2029.

The Motley Fool·
This Top Oil Stock Expects an Unlikely Source to Help It Double Its Free Cash Flow by 2029.

ConocoPhillips is betting on its $9 billion Willow project in Alaska's North Slope to drive significant cash flow growth. The company expects $7 billion in incremental free cash flow by 2029, with $4 billion coming from Willow production and $3 billion from cost-reduction measures. This could support dividend growth and share buybacks, though projections depend on crude oil staying above $70 per barrel.

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