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ConocoPhillips

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  • YANGON, May 3- Myanmar has awarded contracts to international oil majors Statoil and ConocoPhillips for oil and gas exploration in a deepwater offshore block, the official Kyemon Daily said on Sunday. The Myanmar newspaper said the two companies' regional subsidiaries- Singapore-registered Statoil Myanmar Private Ltd and ConocoPhillips Myanmar E&P Pte....

  • NEW YORK— Oil and gas exploration and production company Occidental Petroleum said Friday it elected former ConocoPhillips executive Eugene Batchelder as its new chairman. He had been Occidental Petroleum Corp.' s chairman since 2013 and was a company director since 1996.. He has been a director of Occidental Petroleum since 2013..

  • April 30- ConocoPhillips, the largest independent U.S. energy company, reported sharply lower quarterly profit on Thursday, hurt by a steep decline in crude oil prices. ConocoPhillips, like other exploration and production companies, has slashed capital spending in response to persistently lower oil prices, and is further reducing its rig count for fields in...

  • WASHINGTON, April 30- The number of Americans filing new claims for jobless benefits tumbled to a 15- year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter. "This morning's reports all point to an economy that is doing a lot better than the near-stagnation in first-quarter GDP...

  • US STOCKS-Wall St opens lower as Apple, Celgene weigh Thursday, 30 Apr 2015 | 10:39 AM ET

    *Apple and Celgene weigh on Nasdaq, S&P 500. April 30- Wall Street opened lower on Thursday as Apple weighed on the major indexes and Celgene led a fall in biotech stocks, more than offsetting encouraging economic data. The company limited availability of the Apple Watch after a key component supplied by a Chinese company was found to be defective, according to the...

  • *Colgate, BorgWarner cite strong dollar. "I think we're going to see cleaner data come out in the second quarter and with the jobless claims being at their lowest levels in 15 years, that certainly points towards a strengthening labor market which has been a clear focus point of the Fed," said Mark Luschini, chief market strategist at Janney Montgomery Scott in...

  • ConocoPhillips beats 1Q profit forecasts Thursday, 30 Apr 2015 | 7:33 AM ET

    HOUSTON— ConocoPhillips on Thursday reported first-quarter net income of $272 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share. ConocoPhillips shares have fallen slightly more than 1 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more...

  • *Glu Mobile shares jumped 21.3 percent to $6.55 after Chinese social networking company Tencent Holdings agreed to buy a 14.6 percent stake in the company. *Baidu shares dropped 4 percent to $210.10 a day after China's dominant Internet search engine posted its slowest quarterly revenue growth rate in almost seven years. *Earnings expected on Thursday...

  • Market digs for next clue for data dependent Fed Thursday, 30 Apr 2015 | 6:03 AM ET
    The Marriner S. Eccles Federal Reserve Building in Washington.

    The markets quickly shifted focus from the Fed meeting to the upcoming April jobs report.

  • Final Glance: Oil companies Wednesday, 29 Apr 2015 | 6:14 PM ET

    BP PLC rose$. 11 or. 3 percent, to $43.59. ConocoPhillips rose$. 32 or. 5 percent, to $68.06. Exxon Mobil Corp. rose$. 07 or. 1 percent, to $87.87.

  • What you need to know for Thursday trading Wednesday, 29 Apr 2015 | 5:33 PM ET
    The Marriner S. Eccles Federal Reserve Building in Washington.

    The markets quickly shifted focus from the Fed meeting to the upcoming April jobs report.

  • Midday Glance: Oil companies Wednesday, 29 Apr 2015 | 2:53 PM ET

    BP PLC rose$. 05 or. 1 percent, to $43.53. ConocoPhillips rose$. 46 or. 7 percent, to $68.20. Exxon Mobil Corp. rose$. 10 or. 1 percent, to $87.90.

  • Early Glance: Oil companies Wednesday, 29 Apr 2015 | 10:45 AM ET

    BP PLC fell$. 11 or. 3 percent, to $43.37. ConocoPhillips fell$. 12 or. 2 percent, to $67.62. Exxon Mobil Corp. fell$. 36 or. 4 percent, to $87.44.

  • Final Glance: Oil companies Tuesday, 28 Apr 2015 | 6:04 PM ET

    BP PLC rose$. 44 or 1.0 percent, to $43.48. ConocoPhillips rose$. 68 or 1.0 percent, to $67.74. Exxon Mobil Corp. rose$. 79 or. 9 percent, to $87.80.

  • Midday Glance: Oil companies Tuesday, 28 Apr 2015 | 1:50 PM ET

    BP PLC rose$. 40 or. 9 percent, to $43.44. ConocoPhillips rose$. 23 or. 3 percent, to $67.29. Exxon Mobil Corp. rose$. 67 or. 8 percent, to $87.68.

  • Early Glance: Oil companies Tuesday, 28 Apr 2015 | 10:39 AM ET

    BP PLC rose$. 63 or 1.5 percent, to $43.67. ConocoPhillips rose$. 49 or. 7 percent, to $67.55. Exxon Mobil Corp. rose$. 39 or. 4 percent, to $87.40.

  • Final Glance: Oil companies Monday, 27 Apr 2015 | 6:06 PM ET

    BP PLC fell$. 42 or 1.0 percent, to $43.04. ConocoPhillips fell$. 45 or. 7 percent, to $67.06. Exxon Mobil Corp. rose$. 04 or percent, to $87.01.

  • Midday Glance: Oil companies Monday, 27 Apr 2015 | 1:50 PM ET

    BP PLC fell$. 08 or. 2 percent, to $43.38. ConocoPhillips fell$. 25 or. 4 percent, to $67.26. Exxon Mobil Corp. fell$. 05 or. 1 percent, to $86.92.

  • Early Glance: Oil companies Monday, 27 Apr 2015 | 11:25 AM ET

    BP PLC fell$. 06 or. 1 percent, to $43.40. ConocoPhillips rose$. 15 or. 2 percent, to $67.66. Exxon Mobil Corp. rose$. 18 or. 2 percent, to $87.15.

  • Why the S&P could break out this week Monday, 27 Apr 2015 | 7:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.