TraderTate + 186 TS December 17, 2017 Goldman likes Conoco Phillips (NYSE:COP) for 2018 for the free cash flow. Goldman just upgraded COP from 'neutral' to 'attractive'. Overall, Goldman is looking at cumulative free cash flow for North American oil majors, and see a bigger upcycle for 2018-2022 than 2009-2013, even though we're looking at around $57 per barrel for Brent in this cycle, compared to $95 in the last one. Not sure I'm buying ... Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB December 17, 2017 Chevron also generated free cash flow in the first nine months of this year ... so I see the trend here. Quote Share this post Link to post Share on other sites
LAOIL + 33 OS December 17, 2017 Definitely like Chevron better--great balance sheet and low debt. Quote Share this post Link to post Share on other sites