ConocoPhillips to sell interests Ursa, Europa fields
Oil and gas exploration and production company ConocoPhillips (NYSE:COP) reported fourth-quarter and full-year 2024 earnings on Thursday, Feb. 6, that topped analysts' consensus estimates.
The rights relate to the Kebabangan Cluster, a group of oil, condensate, and gas fields in the state of Sabah, Malaysia, which was earlier jointly operated by units of Petronas, ConocoPhillips and ...
Jayaram writes that for 2025, ConocoPhillips projects production of 2,360 MBoe/d, 1% below JPM estimates, while capex guidance of $12.9 billion aligns with JPM estimates.
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