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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 company said on Thursday, as it sheds non-core acreage following the Marathon Oil acquisition to reduce debt and focus on higher-margin basins.
ConocoPhillips selling Anadarko assets for $1.3 billion
The leaders of ConocoPhillips, Houston, have agreed to sell the company’s assets in the Anadarko basin to investment firm Stone Ridge Energy for $1.3 billion.
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 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 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.
What Oklahoma assets are being sold by ConocoPhillips?
ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the energy producer said after beating Wall Street estimates for second-quarter profit. Shares of the company rose nearly 2% in ...
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 ...
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 ...