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ConocoPhillips

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  • March 17- ConocoPhillips expects production to climb 11 percent to touch 1.7 million barrels of oil equivalent per day in 2017.. ConocoPhillips said on Tuesday it expects output to grow 2-3 percent in 2015. It did not specify a growth rate for 2016.. ConocoPhillips, like its rivals such as Chevron Corp and Apache Corp, has deferred drilling plans and delayed...

  • March 17- ConocoPhillips expects production to climb 13 percent to touch 1.7 million barrels of oil equivalent per day in 2017.. ConocoPhillips said on Tuesday it expects output to grow 2-3 percent in 2015. It did not specify a growth rate for 2016.. ConocoPhillips, like its rivals such as Chevron Corp and Apache Corp, has deferred drilling plans and delayed...

  • March 17- Oil and gas producer ConocoPhillips said it expects production to touch 1.7 million barrels of oil equivalent per day in 2017..

  • Many of the jobs would be created in Florida, Washington, New York, Massachusetts, and other states that are not known as oil producers. Record spare U.S. crude oil supplies caused by the drilling boom of the last five years have put pressure on the Obama administration and Congress to lift the country's ban on oil exports. Congress put the ban in place after the 1970 s...

  • Will plunging oil force energy dividend cuts? Monday, 16 Mar 2015 | 6:38 PM ET
    oil crude gas

    Several big oil companies are expected to pay more in dividends than they will earn in 2015. Can the stocks really maintain these fat yields?

  • *Urban Outfitters up after results. NEW YORK, March 10- U.S. stocks fell more than 1 percent on Tuesday afternoon as strength in the dollar increased worries about the earnings outlook for multinational companies. Shares of ConocoPhillips fell 1.7 percent to $60.92.

  • US STOCKS-Wall St slumps 1 pct as dollar strengthens Tuesday, 10 Mar 2015 | 11:07 AM ET

    *Urban Outfitters up after results, Barnes& Noble down. Concerns over Greece's debt talks added to the day's weakness, which took the S&P 500 below its 50- day moving average, a sign of weak near-term momentum. "There's some concern about what impact this will have on corporate earnings going forward, especially for the big multi-national companies," said Nicholas...

  • US STOCKS-Wall St slumps on Greece concerns Tuesday, 10 Mar 2015 | 9:51 AM ET

    *Qualcomm jumps in premarket, to buy back shares. NEW YORK, March 10- U.S. stocks fell on Tuesday, dropping in a broad decline amid renewed concerns about debt talks with Greece and as crude oil fell, weighing on energy shares. "There's a lot of rhetoric out there, some of which feels like name-calling, all of which makes the situation read as worse than it used to be," said...

  • March 9- France's Total is close to extending an offshore natural gas exploration program in Cyprus after coming up empty in prior surveys, the island's energy minister said on Monday. Cyprus, a member of the European Union, has become particularly keen to develop offshore gas reserves as a potential source of revenue since it was compelled to seek an...

  • Yellen held onto shares of ConocoPhillips and Phillips 66 last year despite steep slides in the companies' stock prices triggered by the oil price slump, according to her 2014 financial disclosure statement. In 2014, Yellen's ConocoPhillips shares were valued at $50,000 to $100,000 and her Phillips 66 shares at $15,000 to $50,000. ConocoPhillips' stock...

  • March 3- Anadarko Petroleum Corp said it would reduce spending by about 33 percent this year, as the exploration and production company responds to lower crude oil prices. The company forecast capital investments in the range of $5.4 billion- $5.8 billion, excluding investments associated with its Western Gas Partners LP unit. Anadarko's cut follows similar...

  • Feb 26- SandRidge Energy Inc said it would reduce spending by 56 percent this year and slash its rig count, as the oil and natural gas producer responds to a slump in crude prices. Oil companies such as Chevron Corp, ConocoPhillips and Apache Corp have forecast lower spending in 2015.. SandRidge's net income rose to $314.1 million, or 48 cents per share, in the fourth...

  • CARACAS, Feb 25- Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said on Wednesday. The move contrasts with October, when Venezuela deemed the award a victory for its sovereignty and oil workers were shown on TV celebrating.

  • CARACAS, Feb 25- Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said on Wednesday. "Venezuela has filed an application for annulment," the country's lawyer George Kahale told Reuters in an email, adding he didn't know yet when the tribunal was...

  • *Energy sector the talk of Berlin private equity meeting. By Arno Schuetze and Freya Berry. BERLIN, Feb 24- Earning $7 on the dollar is any investor's dream.

  • *Priceline rallies after results, Wal-Mart down. NEW YORK, Feb 19- U.S. stocks fell modestly on Thursday with energy shares leading the drop amid a slump in oil prices, and investors remained cautious as uncertainty continued over the prospects of a debt deal with Greece. On the upside, Priceline Group rallied on its results, helping keep the Nasdaq slightly...

  • NEW YORK, Feb 19- U.S. stocks fell on Thursday, with energy shares leading the way lower amid a sharp decline in oil prices, while continued uncertainty over the prospects of a debt deal with Greece added to the cautious tone. On the upside, Priceline Group rallied on its results, helping keep the Nasdaq slightly positive. Exxon Mobil fell 1.2 percent to $89.95 while...

  • US STOCKS-Futures point to flat open, crude oil falls Thursday, 19 Feb 2015 | 8:50 AM ET

    *Priceline shares rally in premarket after results. NEW YORK, Feb 19- U.S. stock index futures pointed to a flat open on Wall Street Thursday, with major indexes near record levels, as investors continued to digest ongoing uncertainty over Greece. Exxon Mobil fell 1.2 percent to $89.95 in premarket trading while Halliburton Co was off 2.2 percent to $43.43 and...

  • WILLISTON, N.D., Feb 19- One of the strongest leaders of the U.S. shale revolution has been humbled by plunging oil prices. On Thursday, the number of rigs drilling in North Dakota fell below 130 for the first time in years, a level the state's top official said is necessary to prevent output from falling. ConocoPhillips and Occidental Petroleum Corp, among many others,...

  • WILLISTON, N.D., Feb 19- One of the strongest leaders of the U.S. shale revolution has been humbled by plunging oil prices. EOG Resources Inc slashed its 2015 budget on Wednesday amid cheap crude and said its output will not grow this year, mere months after confidently saying it was strong enough to weather the downturn without cutbacks. ConocoPhillips and...