(Reuters) -ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the company said on Thursday, as it sheds non-core acreage following the Marathon Oil acquisition to reduce debt and ...
ConocoPhillips (NYSE:COP) said Thursday it agreed to sell assets in the Anadarko Basin for $1.3B, which will exceed the company's $2B asset disposition target ahead of schedule. Conoco (NYSE:COP) ...
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Why hold strategy is apt for ConocoPhillips stock right now
ConocoPhillips COP is an independent exploration and production company that boasts a diversified asset base spread across 14 ...
The divestment includes operations producing approximately 40,000 boe/d, and boosts total asset sales to more than $2.5 billion. The company’s recent Marathon Oil acquisition has increased production ...
ConocoPhillips to sell Anadarko assets for $1.3 bln Beats Q2 profit estimates Raises asset sale target to $5 bln by 2026 Lower prices offset by strong production growth Q3 output seen at 2.33–2.37 mln ...
US major ConocoPhillips posted quarterly results that beat analysts’ estimates and announced the sale of assets in the Anadarko basin for $1.3 billion. The company posted a net profit of $1.97 billion ...
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