News on ConocoPhillips (Ticker: COP) continually updated from thousands of sources around the net.
1 hr ago | Bellingham Herald
That compares to adjusted earnings of $585 million during the second quarter of 2013, a figure that does not include a one-time, $97 million settlement.
4 hrs ago | Ticker
Becton Dickinson profit climbed 8%. Cigna net soared 13%. ConocoPhillips quarterly net was flat but revenue jumped 4%.
8 hrs ago | Forbes.com
Oil giant Exxon Mobil reported a 28% surge in second quarter profit Thursday morning, but because of a decrease in oil production during the quarter, shares of the company's stock are suffering in early morning trading.
Oando Energy Resources Incorporated , the exploration and production arm of Oando Plc, yesterday paid $1.5 billion for the acquisition of the divested ConocoPhillips' upstream's oil and gas assets in Nigeria.
ConocoPhillips said Wednesday it had completed the sale of $1.5 billion of Nigerian oil assets to local player Oando PLC, as Nigerian companies take an increasingly assertive role in the running of their country's hydrocarbons riches.
An oil company's production volumes and reserve base are among the two most critical metrics in measuring its worth.
With the stock trading at just 12 times next year's estimates, which is roughly 6 points lower than the industry average P/E of 18, I would be a buyer here.
ConocoPhillips and Doyon Drilling announced a five-year deal Monday for a new $100 million drill rig that is to operate in the Kuparuk oil field starting in 2016.
Last year I spent some time exploring small and mid-sized dividend paying Canadian energy companies that are relatively unknown to US investors.
Since I use Seeking Alpha largely as my own personal investing journal, I find it necessary to expose my scars and failures, along with the occasional victory.
I'm not a petroleum engineer, and most likely neither are you. Too bad, because if we were, our services would really be in demand right now .
Few are likely to be surprised that the "Big Five" oil companies -- Exxon Mobil, Shell, BP, Chevron, ConocoPhillips -- have gamed the U.S. fuel distribution system in an effort to prevent biofuels from reaching consumers.
One compelling factor is the despicable politics of how SB21 came to be. Two employees of ConocoPhillips voted to pass SB21, giving their employer huge tax breaks.
Updated: Thu Jul 31, 2014 05:07 pm
Copyright © 2014 Topix LLC