- Reuters•3 hours ago
Cenovus Energy Inc will provide more details in the third quarter on its divestiture plan to fund the C$17 billion ($12.6 billion) purchase of ConocoPhillips assets, it said on Wednesday as it posted better-than-expected quarterly earnings. Cenovus in March agreed to buy most of ConocoPhillips' Canadian oil and gas assets in the deal that effectively doubled the size of the Canadian oil company, but wiped out about a fifth of its market value, angering shareholders whose approval was not required. More details on Cenovus' plan to sell its Suffield and Pelican Lake oil and gas assets will be available in the third quarter, Chief Executive Brian Ferguson said in a conference call after reporting first-quarter earnings.
- Zacks•7 hours ago
A shareholder of Cenovus Energy Inc. (CVE) has asked the Ontario Securities Commission to halt the company's $12.6 billion purchase of certain Canadian assets from independent oil producer ConocoPhillips (COP).
- Reuters•11 hours ago
Canadian oil company Cenovus Energy Inc reported a quarterly profit, compared with a year-ago loss, helped by lower operating costs and higher oil sands production The company's net profit was C$211 million ...
COP : Summary for ConocoPhillips Common Stock - Yahoo Finance
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||48.24 - 49.53|
|52 Week Range||38.80 - 53.17|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-16.61|
|Dividend & Yield||1.06 (2.17%)|
|1y Target Est||N/A|