This Top Oil Stock Is Looking to Ring Up a $1 Billion Sale Following Its Massive Acquisition
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 eyes sale of Oklahoma assets worth over $1 billion, sources say
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: The Perfect Balance Between Risk And Return
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 buyback commitment, enhancing shareholder value.
ConocoPhillips (COP) Increases Yet Falls Behind Market: What Investors Need to Know
ConocoPhillips (COP) closed at $105.39 in the latest trading session, marking a +0.35% move from the prior day.
Conoco Phillips: Undervalued Laggard Poised To Outperform
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 Street firms average ~$130/share, 25%+ higher than COP's current stock price.
ConocoPhillips' Stock Is About as Cheap as It's Been Since 2023. Here's 1 Thing to Know Before You Buy.
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.
I Used to Invest Solely in Growth Stocks, But These 3 Value Plays Earned My Attention
As is the case with many investors, the post-pandemic period really shifted my interest in growth stocks into overdrive.
ConocoPhillips (COP) Increases Despite Market Slip: Here's What You Need to Know
In the most recent trading session, ConocoPhillips (COP) closed at $103.20, indicating a +0.63% shift from the previous trading day.
ConocoPhillips (COP) Surpasses Market Returns: Some Facts Worth Knowing
ConocoPhillips (COP) closed the most recent trading day at $102.55, moving +0.35% from the previous trading session.
ConocoPhillips Shares Rise 3.9% YTD: How Should You Play It Now?
ConocoPhillips' long-term business outlook remains strong. However, the stock is vulnerable to several company-specific risks.
Here's Why ConocoPhillips (COP) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Top analysts are upbeat on these 3 dividend stocks for stable income
TipRanks' analyst ranking service highlights three dividend-paying stocks, including Vitesse Energy and ConocoPhillips.
