Tag: ConocoPhillips

Royal Dutch Shell ([[RDS.A]], [[RDS.B]]) is close to a deal to sell assets in the Permian Basin to ConocoPhillips (COP) for ~ $ 9.5 billion, with a Deal may be announced as soon as ...

ConocoPhillips buys Concho Resources in all-equity deal valued at $ 9.7 billion, as U.S. shale drilling industry faces slowdown after historic drop in oil prices amid the Covid-pandemic 19

The stocks that make the biggest moves in pre-market trading include Concho Resources, Halliburton, AstraZeneca, etc.

All-in-stock deal comes as US Shale companies have taken heavy losses due to low crude prices amid the COVID-19 pandemic and have struggled to raise new capital to restructure debt. Concho shareholders will receive 146 shares of ConocoPhillips for each share held The deal for $ 49 per share, represents a 4% 1Prime at Concho's closing Friday, according to Reuters calculations

All-in-stock deal comes as US Shale companies have suffered heavy losses due to low crude prices amid the COVID-19 pandemic and have struggled to raise new capital to restructure debt. Concho shareholders will receive 146 shares of ConocoPhillips for each share held The deal for $ 49 per share, represents a 4% 1Prime at Concho's closing Friday, according to Reuters calculations

All-in-stock deal comes as US Shale companies have taken heavy losses due to low crude prices amid the COVID-19 pandemic and have struggled to raise new capital to restructure debt. Concho shareholders will receive 146 shares of ConocoPhillips for each share held The deal for $ 49 per share, represents a 4% 1Prime at Concho's closing Friday, according to Reuters calculations

(Bloomberg) - ConocoPhillips has agreed to buy Concho Resources Inc for around $ 9.7 billion in stock, the shale industry's biggest deal since the collapse in energy demand earlier this year and one that will create a Heavy-duty driller in America's most prolific oilfield Investors to get 146 Conoco shares

ConocoPhillips on Monday announced a deal to buy undefined stock producer Concho Resources Inc in an all-stock deal valued at $ 9.7 billion Concho's stock is