The deal came a year after ConocoPhillips bought Permian producer Concho Resources for $9.7 billion as the Covid-19 pandemic ...
ConocoPhillips COP has declined 5.4% over the past year, significantly underperforming the 18.3% gain of the composite stocks ...
Hahn defends the court of appeals’ holdings that the Lease Ratification did not reduce his NPRI and that our decision in Concho Resources does not permit ConocoPhillips to rely on the Stipulation.
Another big M&A announcement in the oil patch is making news after ConocoPhillips (COP) said it will buy Marathon Oil (MRO) for $17.1 billion in stock. The deal includes $5.4 billion in debt ...
With crude prices in the $70s, ConocoPhillips can produce a lot of cash. In addition to the low-cost production, the deal is immediately accretive to the company's cash flow from operations and ...
The company's production has dramatically increased in recent years due to organic investments and two blockbuster acquisitions — Concho Resources and Marathon Oil. ConocoPhillips completed its ...
The rights relate to the Kebabangan Cluster, a group of oil, condensate, and gas fields in the state of Sabah, Malaysia, which was earlier jointly operated by units of Petronas, ConocoPhillips and ...
ConocoPhillips (NYSE: COP) today reported a third-quarter 2020 loss of $0.5 billion, or ($0.42) per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share. Excluding ...