(RTTNews) - ConocoPhillips (COP) and Concho Resources (CXO) announced Monday that they have entered into a definitive agreement to combine companies in an all-stock transaction valued at $9.7 billion.

ConocoPhillips COP has announced that it will purchase Permian-focused shale oil driller Concho Resources CXO for $9.7 billion, in the largest shale deal this year. ConocoPhillips shares gained more ...

Despite the gloom-and-doom in the oil industry and the specter of a blue wave in Washington, ConocoPhillips is doubling down on crude by making a major acquisition. Despite the gloom-and-doom in the ...

Reported third-quarter 2024 earnings per share of $1.76 and adjusted earnings per share of $1.78. Generated cash provided by operating activities of $5.8 billion and cash from operations (CFO) of $4.7 ...

2020 was a rough year for everyone. It was especially challenging for the oil patch because economic shutdowns caused demand to dry up. At one point, crude prices in the U.S. crashed into negative ...

ConocoPhillips is rated Buy with a $160 price target, supported by strong oil & gas prices and disciplined cost management. COP aims to reduce capital and operating expenses by $1B at an annualized ...

May 8 (Reuters) - ConocoPhillips (COP.N), opens new tab beat Wall Street estimates for first-quarter profit on Thursday on strong production volumes, but warned that weak oil prices would likely lead ...

ConocoPhillips (NYSE:COP) is one of the best forever stocks to buy to diversify an investment portfolio into the energy sector. The company explores for, produces, transports, and markets crude oil, ...