ConocoPhillips is a multinational energy company that focuses on the exploration, production, and distribution of oil and natural gas
With a commitment to sustainable energy practices, it operates across various segments of the oil and gas industry, including upstream activities such as drilling and extraction, as well as midstream operations that involve the transportation and processing of hydrocarbons. The company is dedicated to innovation in energy technology and environmental stewardship while providing a critical supply of energy resources to meet global demands.
Energy sector faces investor scrutiny due to recent developments. ETFs like XLE, VDE, and UNG offer exposure to energy companies amid market uncertainty.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Monday. Uncover the top gainers and losers in today's session for valuable insights.
Stewart recently made a claim on his show that promotes a common misconception: “How about we just take $3 billion in subsidies we give to oil and gas companies that turn billions in profits?” Here's what that's inaccurate...
The VIX3M closed at the same level as the VIX on Thursday. This is a sign that typically points to a near-term bottom. The bounce may last a few days or longer.
There are signs of trouble ahead, like economic slowdown and resurgent inflation, but also signs of strength, like healthy demand - at least in some places.
ConocoPhillips (NYSECOP) today announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP, subsidiaries of Shell plc, for $735 million subject to customary closing adjustments. The transaction also includes an overriding royalty interest in the Ursa Field. Proceeds from this transaction will be used for general corporate purposes.
