ConocoPhillips to sell Oklahoma oil and gas assets worth more than $1bn [Yahoo! Finance]

ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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Source: Yahoo! Finance
These assets were acquired through the $22.5bn takeover of Marathon Oil in November last year. The energy company has enlisted Moelis & Co to manage the sale process, although discussions are in the early stages and a deal is not assured, reported Reuters , citing sources. The assets in question include operations in the Anadarko basin covering approximately 300,000 net acres. These assets produce around 39,000 barrels of oil equivalent per day (boepd), with roughly half being natural gas. The sale is expected to attract interest from producers anticipating increased demand for natural gas, particularly for power generation in data centres. ConocoPhillips and Moelis have declined to comment on the potential sale, the report said. However, a
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News
- ConocoPhillips (NYSE: COP) had its price target lowered by analysts at Barclays PLC from $135.00 to $120.00. They now have an "overweight" rating on the stock.MarketBeat
- Is ConocoPhillips (COP) the Most Undervalued Growth Stock to Buy Now? [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips plans layoffs as part of restructuring effort following Marathon Oil acquisition [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips (NYSE: COP) was given a new $136.00 price target on by analysts at Susquehanna.MarketBeat
- ConocoPhillips plans layoffs as part of broad restructuring [Yahoo! Finance]Yahoo! Finance
COP
Earnings
- 2/6/25 - Beat
COP
Sec Filings
- 4/11/25 - Form PX14A6G
- 4/10/25 - Form DEFA14A
- 4/2/25 - Form 4
- COP's page on the SEC website