Just to let you all know re Conoc Philips .................... it was spun out of Phillips 66 a few years ago and has been selling down assets to get a positive cashflow of between 5% to 10% per annum, are targeting an increase in production growth of between 3% to 5% per annum with a annual CAPEX expenditure of $US16b, are producing roughly 1.5m bod and have 23b oil in reserves ................ Links to a couple of transcripts
http://www.conocophillips.com/inves...ion Documents/Barclays Transript_9-3-2014.pdf
http://www.conocophillips.com/inves...4_Earnings_Call_Transcript-FINAL_8-4-2014.pdf
They are a pretty big company and taking over FAR would be small change for them.
GLTA
HKP
Just to let you all know re Conoc Philips .......................
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |