ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector consolidates further on the back of lower fuel prices and demand.
Mideast conflict means higher oil prices. Brent and WTI crude prices spiked Friday on news of an Israeli attack on Iran. Conoco stock costs only 12.6 times earnings and pays a decent dividend. It's a ...
ConocoPhillips, the largest U.S. independent oil producer, said on Tuesday that it would lay off up to 500 Houston employees, about a fifth of its headquarters workforce, to match staffing with ...
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