(RTTNews) - ConocoPhillips (COP) and Concho Resources (CXO) announced Monday that they have entered into a definitive agreement to combine companies in an all-stock transaction valued at $9.7 billion.
ConocoPhillips COP has announced that it will purchase Permian-focused shale oil driller Concho Resources CXO for $9.7 billion, in the largest shale deal this year. ConocoPhillips shares gained more ...
Differentiating itself from peers big and small, ConocoPhillips has laid out a plan for restrained investment, steady growth, improving returns, and importantly, returning cash to shareholders.
2020 was a rough year for everyone. It was especially challenging for the oil patch because economic shutdowns caused demand to dry up. At one point, crude prices in the U.S. crashed into negative ...
Reported third-quarter 2024 earnings per share of $1.76 and adjusted earnings per share of $1.78. Generated cash provided by operating activities of $5.8 billion and cash from operations (CFO) of $4.7 ...
My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. Gain valuable insight into the global oil and gas industry's energy transition from ACCELERATE, the free ...