Major integrated energy company ConocoPhillips is another one of Weiss' favorite integrated stocks thanks to its ambitious plans to return cash flow to shareholders. "The company's restructuring program continues to move forward," Argus Research analysts say in a report. ConocoPhillips wants to return 40% of its cash flow to shareholders every year and has gone through a multi-year restructuring program as part of its efforts to reach this goal. Last year, ConocoPhillips sold assets worth $7 billion and shares in Russian oil giant Lukoil worth $8 billion, reduced debt by $5 billion, and according to Weiss, improved the profitability of its upstream business on a per barrel basis. In first quarter 2011, ConocoPhillips completely exited its Lukoil position and has plans to dump another $5 billion to $10 billion in assets in 2011 and 2012. "As with its previous transactions, management is targeting those assets that have relatively higher associated costs, which should benefit margins, cash flow and net income per barrel," the Argus equity research team said. Weiss has a buy view and $95 target on the stock.