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November 3, 2023
(Reuters) -U.S. oil producer ConocoPhillips on Thursday beat Wall Street's estimates for third-quarter profit and raised its quarterly dividend 14%, amid higher prices and production. Shares rose more than 5% on the dividend increase, with the company saying it could sustain the higher level through 2024 depending on oil and gas prices. The cash distribution comes during industry consolidation that has created stronger rivals in U.S. shale, where Conoco is a major player with production ...
March 29, 2023
Oil ends at a more than a 2-week high as natural-gas futures mark lowest finish in over 2 years Oil futures end Tuesday at their highest in more two weeks, while natural-gas prices mark their... | March 29, 2023
March 27, 2023
ConocoPhillips CEO Doubles Down on Alaska Oil as Competitors Leave Arctic Chief Executive Ryan Lance is forging ahead with drilling for Alaska oil, emboldened by President Bidens approval of... | March 27, 2023
November 1, 2022
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
October 27, 2022
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
October 19, 2022
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
February 4, 2022
Feb 3 - U.S. oil producer ConocoPhillips (COP.N)on Thursday topped market estimates for fourth-quarter profit and pledged to increase shareholder returns while warning investors that oil prices may be overheating. A recovery in demand from the coronavirus pandemic and tight supplies have sent crude oil prices to seven-year highs. U.S. crude was trading near $90…
December 9, 2021
(Bloomberg) -- ConocoPhillips intends to become the largest shareholder in Australia Pacific LNG as it raises its stake in the development as part of a reshuffle of its Asian assets.