ConocoPhillips has expanded its share repurchase program by 50% to $3 billion from $2 billion. The Houston super independent said it expects to use cash from operations to fully fund the program for 2018, plus dividend and capital expenditures costs. The share buyback expansion, combined with $3 billion in buybacks from 2016 and 2017, fully utilized the boards’ existing share repurchase authorization of $6 billion. Consequently, the board authorized an additional $9 billion in buybacks, bringing the total authorization for the program to $15 billion. The program’s level or pace could be altered depending on various factors, including future earnings and the company’s financial condition.