United States

ConocoPhillips (COP)

COP on New York Consolidated

24 Feb 2017
Change (% chg)

$-0.26 (-0.55%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Conocophillips says expect about 6 percent of global workforce to be impacted by cost-reduction measures
Thursday, 21 Jul 2016 08:38pm EDT 

Conocophillips : Expect about 6 percent of global workforce to be impacted by cost-reduction measures,with largest impact occurring in North America Further company coverage: [COP.N] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

ConocoPhillips says planning to shed another 1,000 jobs, about 6 pct of global workforce - Fuelfix
Thursday, 21 Jul 2016 06:38pm EDT 

:ConocoPhillips says it's planning to shed another 1,000 jobs, about 6 percent of its global workforce - Fuelfix.  Full Article

Conocophillips to sell its 35 percent interest in three exploration blocks offshore Senegal
Wednesday, 13 Jul 2016 06:20pm EDT 

Conocophillips : Announces intended sale of exploration blocks offshore senegal . Agreement is for $350 million plus net customary adjustments of approximately $80 million . Transaction is subject to approval of government of senegal and co-venturer preemption rights . Three offshore exploration blocks, Rufisque offshore, Sangomar offshore and Sangomar deep offshore, had net carrying value of about $250 million as of May 31 . To sell its 35 percent interest in three exploration blocks offshore senegal, which include sne and fan discoveries .Agreement is through subsidiaries of Conocophillips and Australia's Woodside Petroleum Ltd.  Full Article

Woodside Petroleum agrees to acquire Conocophillips' Senegal interests
Wednesday, 13 Jul 2016 05:51pm EDT 

Woodside Petroleum Ltd : Woodside agrees to acquire Conocophillips' Senegal interests . To acquire all of Conocophillips' interests in senegal for the purchase price of US$350 million . Entered into a binding purchase and sale agreement with ConocoPhillips to acquire all of Conocophillips' interests in Senegal . The acquisition includes the option for Woodside to operate the future development of any resource .  Full Article

ConocoPhillips sets quarterly dividend of $0.25/shr
Wednesday, 13 Jul 2016 11:10am EDT 

Conocophillips :Sets quarterly dividend of $0.25 per share.  Full Article

ConocoPhillips expects 600 workers at its Canadian oil sands facilities by week's end
Wednesday, 1 Jun 2016 02:55pm EDT 

ConocoPhillips : Spokesman says expects 600 workers at its Surmont project in Canada's fire-stricken oil sands region by week's end, up from 350 last Friday . ConocoPhillips spokesman says has "no confirmed date for production to resume" at Surmont, hopes to have more concrete timeline within 48 hours Further company coverage: [COP.N] (Reporting by Eric M. Johnson in Calgary, Alberta) ((Eric.m.johnson@thomsonreuters.co)).  Full Article

ConocoPhillips Canada president says Surmont has power
Tuesday, 10 May 2016 05:12pm EDT 

: ConocoPhillips President Ken Lueers says a team is at Surmont oil sands site, which has power . ConocoPhillips Canada president says no timeline on Surmont restart Further company coverage: [COP.N] (Reporting By Allison Martell) ((Allison.Martell@thomsonreuters.com;)).  Full Article

ConocoPhillips announces executive leadership changes
Thursday, 18 Feb 2016 08:00am EST 

ConocoPhillips:Announces executive leadership changes.Says CFO Jeff Sheets to retire.Don Wallette, Jr. has been named executive vice president, Finance, commercial and chief financial officer.Says sheets will remain in his current position until the effective date of April 1.Al Hirshberg, executive vice president, technology and projects, named executive vice president, production, drilling and projects.  Full Article

ConocoPhillips gives FY 2016 production guidance
Thursday, 4 Feb 2016 07:00am EST 

ConocoPhillips:Says production in FY 2016 is expected to be about flat with 2015 volumes, adjusted for full-year impact of 2015 asset divestitures.  Full Article

ConocoPhillips - North Sea storm forces oil platform evacuations, output shutdown - Reuters
Thursday, 31 Dec 2015 02:08am EST 

ConocoPhillips:A fierce storm in the North Sea forced oil firms to evacuate platforms and shut down production on Thursday on concerns that they could be hit by a drifting barge that had broken its anchor - RTRS.The strong winds had ripped the barge from its moorings and sent it towards BP's Valhall platform, which lies in the middle of the North Sea between Norway and Britain - RTRS.This prompted the oil and gas company to shut down output and evacuate dozens of staff on board. ConocoPhillips also stopped production and removed crew from installations in the same area.A spokeswoman for the Rescue Coordination Centre for southern Norway told Reuters the barge eventually missed the BP platform by some two kilometres.A spokesman at the Rescue Coordination Centre for southern Norway earlier told Reuters that rescue boats had been trying to establish a new towing line on the barge amid difficult sea conditions, with waves of up to 15 metres in height.  Full Article

More From Around the Web

ConocoPhillips revises down over one billion barrels of oil sands reserves

CALGARY, Alberta ConocoPhillips has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocarbon potential may be left untapped.