Company
ConocoPhillips
NYSE:COP
ConocoPhillips is one of the world’s leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 13 countries, $94 billion of total assets, and approximately 9,800 employees at Sept. 30, 2023.
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Dow finishes higher but Nasdaq ends week on steepest loss since April
The bond market rout spilled over into equities
Archive
Nasdaq leads market decline on tech pullback, trade policy concerns
October saw the sharpest wave of layoffs in two decades
S&P 500 holds steady ahead of China trade negotiations
President Donald Trump took to Truth Social to float the idea of an “80% Tariff on China"
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S&P 500 closes a few points shy of 5,000
The S&P 500 inched slightly closer to 5,000 points at Thursday’s close, adding 0.1% at 4,997.91 points. The Nasdaq added 0.2% at 15,793 points and the Dow Jones was up 0.1% at 38,726 points
U.S. judge reverses approval for ConocoPhillips' Alaska project
The Willow development was approved by the Trump administration in 2020
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Malcy's Blog - Oil price, Predator, Zephyr, Gulf Keystone, Jadestone. And finally…
Predator Oil & Gas (LON:PRD) Predator has announced that the MOU-1 site construction and civil works have been completed, a further update on the mobilisation of the Star Valley Rig 101 to Guercif is expected next week. The Company is eager
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Malcy's Blog - Oil price, Predator, Solo, Zephyr, TMS
Oil price A very modest fall yesterday, today it’s a small rise but no massive direction from the market. Yesterday the meeting of the Opec JMMC gave some cheer to the market by saying that it would ‘support the market’ whilst the KSA is st
ConocoPhillips strikes US$9.7bn deal to buy Concho Resources
“Concho is a tremendous fit with ConocoPhillips," said Ryan Lance.
Archive
Oil price, Bahamas, PetroTal, Predator, Aminex, Echo.
Same old, same old as the oil price goes up or down with the same factors. Yesterday the price was down as another field in Libya, the Sarir, came back on tap with a potential 300/- b/d hitting Brent specifically. Also Covid gets worse and
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Oil price, Predator. And finally…
The reasons for the rise yesterday were in the blog, mainly the EU agreement which has ironically had a double positive effect of pushing down the dollar. News on the virus front was mixed, the vaccine mentioned is good news, obv, but still
Oil prices continue to slide as IEA sees global demand falling by 9.3M barrels a day this year versus 2019
It’s clear that any growth in oil demand will be minimal but news of China’s slowest quarter will not help the situation
ConocoPhillips sells Australia gas fields, processing plant for $1.4B to Santos
It’s the second major acquisition by Santos in less than a year, following a turnaround in its fortunes under managing director Kevin Gallagher
Britain’s richest man looks to exploit North Sea revival with ConocoPhilips deal
Billionaire Ratcliffe wants Ineos to be the UK’s leading shale gas player but is also keen to enhance its presence in the North Sea where it has bought several assets in recent years.
RIU GoodOilConference Perth attracts oil and gas plays on the hunt for juniors
Vertical Events’ managing director expects the conference might prompt some merger and acquisition activity.
Comet Ridge adds time on Mahalo final investment decision
The company hopes to negotiate a gas sales agreement with Stanwell Corporation by July next year before a FID decision due in September.
Optiva Securities ups core valuation for United Oil & Gas to 17.1p a share after new North Sea assets awards
The City broker noted that the UK Oil and Gas Authority awarded UOG a 95% interest in the UKCS Licence P2366 in the Central North Sea which includes blocks 15/18d and 15/19b
BP ups stake in major UK North Sea oil field after asset swap with ConocoPhilips
BP has swapped its stake in an Alaskan oil project for a stake in the Clair Field – a major oil field just off the west coast of the Shetland Islands
Comet Ridge forges ahead with Santos and APLNG at Mahalo as gas flow rates increase
Santos, Origin Energy, Conoco Phillips and Sinopec have a vested interest in Mahalo.
ConocoPhillips agrees US$337mln settlement with Ecuador
“We are pleased that the government of Ecuador abides by the rule of law and worked constructively with us to come to a mutually acceptable resolution,” said Janet Langford Carrig, ConocoPhillips senior vice president.
ConocoPhillips boosted by better oil prices in third quarter
At 1.2mln barrels per day ConocoPhilips saw production growth of 1.4%.
Exxon Mobil shareholders back climate change risks motion at annual meeting
The plan, proposed by investors including the Church of England, was supported by over 62% of those eligible to vote
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Proactive headlines, including Klondex Mines Ltd, Tango Mining Ltd and more
Some of the main headlines on the US site today
US Energy titan ConocoPhillips mulling multi-billion dollar gas expansion in Northern Territory
The energy firm has launched a study to assess the merits of a multibillion-dollar expansion in Australia
ConocoPhillips unveils a US$3bn US disposal, two weeks after selling its Canadian oil sands assets
The New York-listed firm is to sell its assets in the San Juan Basin, located in northwestern New Mexico and southwestern Colorado, to an affiliate of privately-owned Hilcorp Energy Co.
ConocoPhillips latest to offload its Canadian oil sands assets, following similar recent moves by Royal Dutch Shell and Marathon Oil
ConocoPhillips said it has agreed to sell oil sands and western Canadian natural gas assets to Toronto-listed Cenovus Energy Inc for C$17.7 bn (US$13.3 bn)
Wall Street shares end higher as GDP data cheers
The US Bureau of Economic Analysis is releasing its updated GDP (gross domestic product) report for Q4.
Repsol ADRs jump on Alaska find as US oil sector tumbles on supply glut
Spanish oil group Repsol SA said on Thursday it has made one of the biggest conventional onshore oil discoveries in the US for decades on Alaska’s North Slope
US shares end mixed in heavy earnings day
US shares closed mixed on Thursday after an earnings-heavy session and a deceleration in New York manufacturing activity
US shares pare losses but still suffer sharpest fall this month
US equities pared losses on Monday but didn’t disguise the steepest fall of 2017 as the Trump rally trade that sent Wall Street to new highs since November began to fracture
ConocoPhilips confirms US$1.3bn of asset sales for 2016
The oil giant's garage sale has started in earnest
US stocks end mixed as winners and losers assess Trump
US stocks seesawed through Thursday, with the Dow hitting a record high intraday and close, as banks and pharma stocks lapped up the perceived benefits of President-elect Donald Trump’s victory, while tech stocks sank on worries about his f
US stocks close lower as a bonds rout indicates Dec rate hike
US stocks ended lower, swinging from initial gains amid mixed earnings results, as a global bonds sell-off ensued on growing expectations for a Dec rate hike
US shares give up gains as oil prices reverse minor rally
US shares gave back gains in late trading on Thursday after oil prices reversed a minor rally
Thursday's trending - Walmart, gasoline and Apple and the littler guy
It was the oil price, Appleand the littler guy, retail giant Walmart that were themes gaining traction on Thursday.
ConocoPhillips to cut-back expenditure due to low oil price
The firm will reduce its spending to US$6.4bn for 2016 it announced on Thursday
Wall Street expands slump as oil resumes rout
All of the three major indexes were in red territory while oil prices settled around the $30.00.
Trending - oil price, OPEC, Walmart and Honda
The extent of the oil price rout was laid bare on Thursday with some big cap names clearly suffering the consequences....
ConocoPhillips expects 2016 capex to drop 25%
The largest U.S. independent oil company is trimming capital spending plans in response to an extended downturn in prices for crude.
ConocoPhillips expects 2016 capex to drop 25%
The largest U.S. independent oil company is trimming capital spending plans in response to an extended downturn in prices for crude.
ConocoPhilips posts biggest loss in more than six years
It's turning out to be a bad day for the oil giants, with ConocoPhilips' big loss following on the heels of Shell's shocker
Big oil faces long road to recovery, but investors should stay on board
Restoring profits will take time but firms are making progress, analysts say
Wall Street trades mildly higher amid earnings, GDP data
Wall Street traded mildly higher today as investors digested more earnings and second-quarter GDP, a day after the Federal Reserve left interest rates unchanged. The S&P 500 (INDEXSP:.INX) was little changed at 2,109.03 at 3:45 p.m. in
Wall Street to open lower after GDP data; Facebook, P&G decline
U.S. stock-index futures retreated as economic growth reinforced a case for higher interest rates, and earnings from Facebook and Procter & Gamble disappointed. Futures for the Dow Jones Industrial Average slipped 8 points, or 0.1 perce