Premarket trades saw ConocoPhillips COP stock rise 0.4% after the oil company presented a new ten year plan based upon a $60/barrel mid-cycle price. This was ahead of the investor day. The company plans on making $115 billion in free cash flow available to shareholders by 2033. ConocoPhillips expects to achieve a 6% compounded annually growth rate in cash flow from operations and 11% free cash flow. The annual capital expenditures will average $10 billion, with a 4%-5% compounded annual growth rate in production and an average reinvestment of about 50%. The company has reiterated its plans to…