ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports

Feb 20 (Reuters) - ConocoPhillips is exploring a sale of some of its Permian Basin assets as part of a broader streamlining ...

ConocoPhillips weighs selling Permian assets worth $2B - Bloomberg

ConocoPhillips (COP) is exploring a sale of ~$2B worth of its Permian Basin assets as part of a broader streamlining of its portfolio, Bloomberg reported Friday. The assets, picked up over the years ...
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ConocoPhillips reportedly mulls sale of Permian assets for $2B

The deal comes as part of a broader streamlining of its portfolio, as per the report. ・The oil and gas company is reportedly looking for buyers in consultation with advisers. ・Strategic as well as ...

Big Oil executives under pressure to spell out growth plans

After years focused on payouts and discipline, energy majors are being pressed on the longevity of their reserves ...
Oil

ConocoPhillips' quarterly earnings down year-over-year, while adjusted production increased 4%

Third-quarter 2025 earnings were $1.7 billion, down from $2.1 billion last year, mainly due to lower commodity prices. Production averaged 2.4 MMboe/d in the quarter, up 4% year-on-year after ...