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Posted by
Two Blokes Jul 30 -
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Stock
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ConocoPhillips is expanding its LNG business. Its stake in the Port Arthur LNG project position it well to benefit from the recent U.S./EU trade deal. COP's integrated LNG value chain, proprietary technology, and global partnerships give it unique size-and-scale and competitive advantages in the global LNG market. Nearer-term, COP's Q2 earnings (due out August 7) will be more impactful, while potential sale of Anadarko assets would support debt reduction and portfolio optimization.
