News

ConocoPhillips to sell Anadarko assets for $1.3 bln

ConocoPhillips rises after Q2 beat, sells Anadarko Basin assets in $1.3B deal
ConocoPhillips (NYSE:COP) said Thursday it agreed to sell assets in the Anadarko Basin for $1.3B, which will exceed the company's $2B asset disposition target ahead of schedule. Conoco (NYSE:COP) offered no further details,
ConocoPhillips to sell Anadarko assets for $1.3 bln; profit beats estimates
ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the energy producer said on Thursday, after beating Wall Street estimates for second-quarter profit.
ConocoPhillips Beats Q2 Estimates Despite Drop In Oil Prices
ConocoPhillips (NYSE: COP) reported Q2 earnings of $2.0B, beating estimates. Production and cash flow remained strong. Dividend of $0.78 declared.
ConocoPhillips beats profit estimates and sells US assets for $1.3 billion
US major ConocoPhillips posted quarterly results that beat analysts’ estimates and announced the sale of assets in the Anadarko basin for $1.3 billion. The company posted a net profit of $1.97 billion, or $1.56 per share, in the second quarter of 2025, down 15% from $2.33 billion, or $1.98 per share, in the same period a year ago.
ConocoPhillips to sell Anadarko assets for $1.3 billion; profit beats estimates
ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the energy producer said on Thursday, after beating Wall Street estimates for second-quarter profit. The asset sale, expected to close at the beginning of the fourth quarter,
ConocoPhillips Posts Lower 2Q Earnings as Oil Prices Fall -- Update
ConocoPhillips's second-quarter earnings fell, hurt by lower prices that were slightly offset by higher production. At the same time, the oil producer said Thursday that it will sell its Anadarko ...
Houston Chronicle6y
IHS: Anadarko Basin emerging as top onshore play outside of Permian
Oklahoma's Anadarko Basin potentially is emerging as the most prolific onshore oil and gas play outside of West Texas' booming Permian Basin, according to a new report. The report from the ...
The Motley Fool12y
Better Know an Energy Play: Anadarko Basin | The Motley Fool
The Anadarko Basin consists of about 25 shales, which makes the area geologically complex. Formations in the basin were deposited on top of each other over time and many of the formations are ...
San Antonio Express-News8y
Anadarko expands Permian Basin operations with new office in Midland
Anadarko, which operates at least six drilling rigs in the Delaware sub-basin, which is part of the larger Permian Basin, hopes that it can increase production from 41,000 barrels of oil a day ...
Oil5y
Field audits optimize Anadarko basin operator’s microbial control ...
DuPont Microbial Control (DMC) determined for an operator in Anadarko basin’s SCOOP and STACK plays in Oklahoma that glutaraldehyde-quaternary ammonium (glut-quat) controlled ...
AOL12y
Better Know an Energy Play: Anadarko Basin - AOL
The latest U.S. Geological Survey from 2011 estimates the Anadarko Basin to have 495 million barrels of oil, 27.5 trillion cubic feet (tcf) of natural gas, and 410 million barrels of natural gas ...