ConocoPhillips (NYSE: COP) recently spun off its downstream component, and is now able to focus fully on its core business. In this video, Motley Fool energy and materials analyst Taylor Muckerman discusses ConocoPhillips' ambitious, yet attainable, goals for growth. He also looks at the benchmarks that the company will be using to make its decisions on capital expenditures over the course of the next five years, during which the company hopes to grow production each year by 3%-5%.