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Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. ConocoPhillips's marketable securities for the quarter that ended in Dec. 2016 was $50 Mil.
ConocoPhillips's quarterly marketable securities declined from Jun. 2016 ($1,289 Mil) to Sep. 2016 ($234 Mil) and declined from Sep. 2016 ($234 Mil) to Dec. 2016 ($50 Mil).
ConocoPhillips's annual marketable securities stayed the same from Dec. 2014 ($0 Mil) to Dec. 2015 ($0 Mil) but then increased from Dec. 2015 ($0 Mil) to Dec. 2016 ($50 Mil).
Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.
Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.
Please note, GuruFocus' marketable securities also includes "Other Short Term Investment".
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
ConocoPhillips Annual Data
ConocoPhillips Quarterly Data