- The Wall Street Journal•2 hours ago
ConocoPhillips is selling a large portion of its Canadian oil-sands assets to Cenovus Energy to pay down debt and significantly increase stock buybacks, marking the latest exit from the oil sands by non-Canadian ...
- Financial Times•3 hours ago
ConocoPhillips of the US has become the third company this month to announce a large sale of assets in the oil sands of western Canada, agreeing a $13.3bn deal with Calgary-based Cenovus Energy for heavy ...
- American City Business Journals•5 hours ago
Houston-based ConocoPhillips (COP) announced March 29 it plans to sell a significant portion of its Canadian assets to Calgary-based Cenovus Energy Inc. (CVE) for $13.3 billion. Along with reducing ConocoPhillips’ exposure to the higher-cost Canadian oil sands, the deal also allows the company to reduce its debt and repurchase more shares. ConocoPhillips will sell its 50 percent nonoperated interest in the Foster Creek Christian Lake oil sands partnership and the majority of its western Canada Deep Basin gas assets.
COP : Summary for ConocoPhillips Common Stock - Yahoo Finance
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||45.01 - 46.06|
|52 Week Range||38.19 - 53.17|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-15.79|
|Dividend & Yield||1.06 (2.39%)|
|1y Target Est||N/A|