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ConocoPhillips Q2 Results Climb On Higher Prices; Names New CEO, CFO
Energy major ConocoPhillips reported Thursday higher profit and revenues in its second quarter, primarily due to higher prices, despite weak production. Further, the firm issued third-quarter production view, and backed fiscal 2026 outlook. Separately, the Houston-based oil and gas producer announced the appointment of current Chief Financial Officer Andy O'Brien as its next President and CEO.
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vor 35 Tagen
Marathon Oil To Pay $241.5 Mln In Pollution Penalties
Marathon Oil Co., which is in deal to be bought by ConocoPhillips in $22.5 billion all-stock deal, has agreed to a settlement with the U.S. Government regulators and to pay $241.5 million in penalties over climate- and health-harming emissions in North Dakota. The settlement with the U.S. Environmental Protection Agency or EPA and Department of Justice includes largest ever civil penalty...
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vor 791 Tagen
ConocoPhillips Q4 Adj. EPS Tops Estimates; Lifts FY24 Production Guidance
ConocoPhillips (COP) reported Thursday that net earnings for the fourth quarter declined to $3.01 billion or $2.52 per share from $3.25 billion or $2.61 per share in the prior-year quarter.
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vor 946 Tagen
ConocoPhillips, QatarEnergy Ink Two Deals To Supply Long-term LNG To Germany
Exploration and production company ConocoPhillips (COP) and QatarEnergy announced Monday that they have signed two agreements to supply long-term liquefied natural gas (LNG) to Germany.
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vor 1382 Tagen
