Conocophillips Expect Free Cash Flow Break Even To Decline Into The Low $30 Per Barrel WTI Range By The End Of This Decade

Feb 5 (Reuters) - Conocophillips COP.N:

• CONOCOPHILLIPS EXPECT FREE CASH FLOW BREAK EVEN TO DECLINE INTO THE LOW $30 PER BARREL WTI RANGE BY THE END OF THIS DECADE - CONF CALL

• CONOCOPHILLIPS ANTICIPATES REALIZING ABOUT $1 BILLION OF INCREMENTAL FCF EACH YEAR FROM 2026 TO 2028, WITH ANOTHER $4 BILLION FROM WILLOW COMING ONLINE IN 2029 - CONF CALL

• CONOCOPHILLIPS SAYS ITS FIRST PRIORITY IN VENEZUELA IS RECOVERING MONEY OWED UNDER EXISTING JUDGMENTS - CONF CALL

• CONOCOPHILLIPS SAYS DURABLE POLICY IS NEEDED BOTH IN VENEZUELA AND ON THE U.S. SIDE - CONF CALL

• CONOCOPHILLIPS SAYS COMMENTS ABOUT KEEPING ASSETS IN U.S. HANDS ARE CONSTRUCTIVE - CONF CALL