Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: SMC Global Securities Limited
$12.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

ConocoPhillips To Sell Kazakh Oilfield Stake To Oil & Natural Gas Corporation Ltd For $5 Billion-Reuters


Monday, 26 Nov 2012 10:40am EST 

Reuters reported that ConocoPhillips plans to sell its 8.4% stake in Kazakhstan's giant Kashagan oil field to India's Oil and Natural Gas Corp Ltd for about $5 billion as the Indian company looks to make up for flagging production. ConocoPhillips said the carrying value of the assets related to its Kashagan interest was about $5.5 billion as of September 30. The company said it would take an after-tax impairment of about $400 million in the fourth quarter to reduce the carrying value. The deal is expected to close in the first half of 2013.