(RTTNews) - ConocoPhillips (COP) agreed to sell Indonesia Assets for $1.355 billion and has provided notice that it is exercising its preemption right to purchase up to an additional 10% shareholding interest in Australia Pacific LNG. ConocoPhillips noted that it has reached deal to sell the subsidiary that indirectly owns the company''s 54%…

ConocoPhillips to sell Indonesia assets for over US$1 billion

02:39pm, Wednesday, 08'th Dec 2021 Channel NewsAsia
Shares of ConocoPhillips COP, -0.16% edged up 0.2% in morning trading, after the announced two deals Wednesday related to its Asia-Pacific portfolio of assets, one for the sale of assets for $1.36 bil
Oil and gas producer ConocoPhillips said on Wednesday it would sell its Indonesia assets for $1.355 billion to MedcoEnergi.
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Franklin Parlapiano Turner & Welch LLC trimmed its position in ConocoPhillips (NYSE:COP) by 23.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,139 shares of the energy producers stock after selling 26,893 shares during the quarter. ConocoPhillips accounts for []

Ellis Investment Partners LLC Has $80,000 Stake in ConocoPhillips (NYSE:COP)

02:42pm, Tuesday, 07'th Dec 2021 Dakota Financial News
Ellis Investment Partners LLC raised its position in shares of ConocoPhillips (NYSE:COP) by 20.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,186 shares of the energy producers stock after acquiring an additional 205 shares during the period. Ellis Investment Partners LLCs holdings in ConocoPhillips were worth $80,000 at the end of the []

ConocoPhillips Has A Plan, And You''re Missing Out

07:19am, Tuesday, 07'th Dec 2021 Seeking Alpha
ConocoPhillips is building a massive portfolio in the Permian Basin, with 2022 production expected to be almost 650 thousand barrels / day. The company has massive acreage in what's an incredibly low-
Related Stocks: ICE , COP , HUM , PCAR , V , MA ,
Related Stocks: COP , T , GLW , CMI , UPS , OGN ,
Oil producer ConocoPhillips said on Monday it expects to return 16% more capital to shareholders next year, and added a new variable return of cash to its plans, underscoring the energy industry''s focus on shareholder returns over spending.
(RTTNews) - ConocoPhillips (COP) announced its planned companywide 2022 capital expenditures of approximately $7.2 billion. The company noted that the planned 2022 capital expenditures includes $0.7 billion associated with the recent Permian transaction and are consistent on an underlying basis with the market update provided in June 2021.
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