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ConocoPhillips (COP +0.6%) announces a 2013 capital budget of $15.8B, roughly flat vs. expected...

ConocoPhillips (COP +0.6%) announces a 2013 capital budget of $15.8B, roughly flat vs. expected 2012 capex; 60% is allocated toward North America and 40% toward Europe, Asia Pacific and other international businesses. Expects to complete its strategic asset disposition program, which COP says will put it on track to deliver long-term annual growth goals of 3%-5% on volumes and margins.
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