10:00 ET -- ConocoPhillips is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Earlier Wednesday, the oil company unveiled a 10-year plan--based on a $60-per-barrel mid-cycle price--targeting $115 billion of free cash flow for shareholders. It added that it expects to generate a 6% compounded annual growth rate in cash from operations, and for capital expenditures to average about $10 billion a year. Dow Jones & Co. owns Factiva. (susan.solan@wsj.com)

 

(END) Dow Jones Newswires

April 12, 2023 10:15 ET (14:15 GMT)

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