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With crude prices in the $70s, ConocoPhillips can produce a lot of cash. Enhancing its already low-cost oil business ConocoPhillips is in an even better position to cash in on the current oil ...
Because of that, the company can produce a lot of cash in the current environment where crude oil prices are in the $70s. ConocoPhillips generated $14.9 billion of cash flow from operations ...
ConocoPhillips (NYSE: COP) made a splash on May 29 when it announced an all-stock acquisition of Marathon Oil (NYSE: MRO). The purchase price represents a 14.7% premium to the closing price of ...
In June 2011, ConocoPhillips China Inc., a wholly owned subsidiary of ConocoPhillips, was responsible for the 2011 Bohai bay oil spills in Bohai Bay. [ 81 ] In 2015, ConocoPhillips and Phillips 66 agreed to pay $11.5 million to settle a lawsuit alleging that hundreds of their gas stations violated California anti-pollution laws since 2006.
Oil stocks tumbled on Tuesday, with both ExxonMobil (NYSE: XOM) and ConocoPhillips (NYSE: COP) shares sliding 2.8%, and Shell (NYSE: SHEL) falling 3.2% through 10:10 a.m. ET.. After strengthening ...
Tuesday is looking like a bad day to be invested in oil stocks, as downbeat news in the oil sector takes a toll on shares of oil majors ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), and BP ...
The stock of ConocoPhillips (NYSE:COP, 30-year Financials) shows every sign of being significantly overvalued, according to GuruFocus Value calculation.
ConocoPhillips said Wednesday it had agreed to buy Marathon Oil in an all-stock deal worth $22.5 billion, including about $5.4 billion of debt. ... representing a 14.7% premium to the closing ...