ConocoPhillips (COP) is exploring a sale of some of its Permian Basin assets that are expected to fetch about $2B as part of a broader portfolio streamlining, people familiar with the matter told Bloomberg’s David Carnevali and David Wethe.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COP:
- Dollar General downgraded, Dollar Tree upgraded: Wall Street’s top analyst calls
- ConocoPhillips downgraded to Neutral from Buy at Roth Capital
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 15
- Trump Trade: U.S. planning to spare Big Tech from next set of tariffs
- Trump plans to repeal ‘endangerment finding,’ WSJ reports