CXO - ConocoPhillips Strategy To Dampen The Stock Price

• Management needs to make low-cost competitors the number one priority.
• This industry has low visibility. Annual dividend growth in a volatile industry may not be really practical.
• The balance sheet strength priority is too low and maybe overruled by the dividend priority.
• Sometimes all the cash flow is needed in the business. That would especially be true at industry bottoms.
• Basic business strategy does not appear to be followed. That can present additional risks for shareholders.

For further details see: