(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 ...

Differentiating itself from peers big and small, ConocoPhillips has laid out a plan for restrained investment, steady growth, improving returns, and importantly, returning cash to shareholders.

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 ...

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 ...

Recently ConocoPhillips (COP) made an absurd no premium offer for Concho Resources (CXO). Concho has long been a well managed excellently located Permian producer. ConocoPhillips has been anything but ...