ConocoPhillips (COP 0.68%) closed its massive $22.5 billion acquisition of Marathon Oil last November. That deal bolstered its U.S. onshore position in several key regions while expanding its international operations.
ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said.
ConocoPhillips, a leading E&P company, focuses on disciplined capital allocation and strong shareholder returns, bolstered by the Marathon Oil acquisition. Operations span Alaska, Lower 48, Canada, EMEA, and Asia Pacific, with significant production and strategic assets in each region. The Marathon acquisition adds 2 billion barrels of resources, $500 million in annual savings, and a $7B share ...
ConocoPhillips (COP) stock has underperformed peers and the SPDR Energy Sector ETF, but its strong operational and financial performance supports a BUY rating. COP boasts a low-cost production profile; significant assets in the Permian Basin, Alaska, and LNG technology, contributing to its robust free-cash-flow. Despite generating $6.96/share of FCF last year, current price targets by 4 major S...
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, May 8, 2025, at 12:00 p.m. Eastern time to discuss first-quarter 2025 financial and operating results. The company's financial and operating results will be released before the market opens on May 8. To access the webcast, visit ConocoPhillips' Investor Relations site, http://www.conocophillips...
Despite a strong rebound this month, ConocoPhillips (COP -0.11%) stock remains cheap, according to several valuation metrics. But you need to be looking ahead, not behind, to see it.
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