ConocoPhillips is the best-performing energy stock on the S&P 500 Energy Index this year. The news is all the more impressive because it is the only stock with a positive performance on the index in the year to date, Bloomberg reported this week, adding that the S&P 500 Energy Index has itself booked a 25-percent slide since the beginning of 2018, on track to finish with the worst annual performance since the 2008 crisis. Conoco clearly stands out. In fact, the supermajor has been standing out in the oil crowd for a while now. Earlier this year, when the company announced it would be parting with some of its acreage in the Permian and South Texas, some were confused: wasn’t everyone flocking to the Permian? But Conoco made it clear it’s not an “at all costs” situation for it. The company offloaded some non-core assets worth US$250 million to […]