ConocoPhillips said on Thursday it would spin off its refining and marketing operation, in hopes each arm would be worth more as a separate company.
IBT Staff Reporter
Jul 14, 2011
Time Inc.'s Fortune magazine released its annual Fortune Global 500 list, which is a ranking of the top 500 corporations worldwide as measured by revenue. Start slideshow to view a gallery of the top 10 biggest companies in the US.
Balasubramanyam Seshan
Jul 09, 2011
While natural gas companies like ConocoPhillips and Chesapeake Energy Corporation are making big bets on wells that are supposed to extract energy from shale formations, the New York Times reported that an investigation of e-mails and documents shows industry insiders have doubts as to whether the companies will be able to deliver on their promises to investors.
IBT Staff Reporter
Jun 26, 2011
The companies whose shares are moving in pre-market trade on Thursday are: Polypore International, Whole Foods Market, Macy's, Aeropostale, Windstream, Bristol Myers Squibb, Ion Geophysical, Marathon Oil, ConocoPhillips, Gap and Allergan.
Satya Nagendra Padala
May 05, 2011
Futures on major U.S. stock indices point to a higher opening on Wednesday ahead of US Federal Reserve’s meeting and Census Bureau's durable goods orders report.
Satya Nagendra Padala
Apr 27, 2011
China's Sinopec clinched the second-largest single Chinese liquefied natural gas deal, and ventured for the first time into a foreign unconventional gas asset to feed a domestic boom for the clean fuel.
Wenwen Meng
Feb 25, 2011
The companies whose shares are moving in pre-market trade on Thursday are: Priceline.Com, Integrys Energy, ConocoPhillips, Chesapeake Energy, Chevron Corp, E TRADE Financial, Red Hat, Suntrust Banks, Monster Worldwide and eBay.
Satya Nagendra Padala
Feb 24, 2011
U.S. oil company ConocoPhillips raised its quarterly dividend 20 percent on Friday and said it would buy back $10 billion in shares of its stock, lifting its share price nearly 2 percent.
IBT Staff Reporter
Feb 11, 2011
The companies that reported earnings before the markets open on Wednesday are: Boeing, ConocoPhillips, Abbott, General Dynamics, United Technologies, Southern Co., Hess, Xerox, Rockwell Automation and Wellpoint.
IBT Staff Reporter
Jan 26, 2011
Futures on major U.S. indices point to higher opening on Wednesday ahead of the US Federal Reserve’s meeting and new home sales data.
Satya Nagendra Padala
Jan 26, 2011
The companies which are expected to see active trade on Wednesday are: Boeing, Xerox, Starbucks, Symantec, ConocoPhillips, Abbott Laboratories, Allegheny, Automatic Data Processing, Eastman Kodak and General Dynamics.
Satya Nagendra Padala
Jan 26, 2011
BP, Total, Eni and other international majors were awarded concessions to explore in Angola's ultra-deep water blocks known as pre-salt blocks, Angola's state-owned oil firm Sonangol said on Monday.
IBT Staff Reporter
Jan 24, 2011
Royal Dutch Shell Plc said second-quarter current cost of supply net income jumped 94 percent to $4.53 billion thanks to a strong operating environment and a speedy restructuring of the group.
IBT Staff Reporter
Jul 29, 2010
ConocoPhillips , the third-largest U.S. oil company, reported a 150 percent increase in underlying quarterly profit, in a dramatic bounceback of its volatile refining business.
IBT Staff Reporter
Jul 28, 2010
Oil and gas producers ConocoPhillips, ENI and BG Group reported big jumps in second quarter profits on Wednesday thanks to higher oil and gas prices and firmer refining margins.
IBT Staff Reporter
Jul 28, 2010
ConocoPhillips , the third-largest U.S. oil company, reported a better-than expected quarterly profit on Wednesday and said it will sell its entire stake in Lukoil.
IBT Staff Reporter
Jul 28, 2010
TransCanada Corp would offer equity stakes in its $41 billion Alaska gas pipeline to companies proposing a rival project, but there have been no talks to date, a TransCanada executive said on Tuesday.
IBT Staff Reporter
Jun 29, 2010
U.S. lawmakers blasted major oil companies on Tuesday for virtually worthless and cookie cutter plans to handle a deepwater oil disaster as top industry executives testified on BP's massive spill in the Gulf of Mexico.
IBT Staff Reporter
Jun 15, 2010
Higher oil prices boosted quarterly profits for Exxon Mobil Corp and ConocoPhillips , but Exxon saw its earnings hurt by recently enacted U.S. health reform legislation.
IBT Staff Reporter
Apr 29, 2010
The Fortune 500 largest U.S. companies slashed a record 821,000 jobs last year, even as their collective profit soared more than three-fold to $391 billion.
IBT Staff Reporter
Apr 15, 2010
Nearly all the major oil companies are looking across Europe for shale gas, an unconventional energy source that has transformed the U.S. energy market.
IBT Staff Reporter
Feb 18, 2010
Warren Buffett's Berkshire Hathaway Inc reported lower stakes in ConocoPhillips, Johnson & Johnson and Procter & Gamble Co in the fourth quarter.
IBT Staff Reporter
Feb 17, 2010