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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ConocoPhillips | NYSE:COP | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-4.61 | -3.54% | 125.61 | 130.12 | 125.43 | 129.81 | 6,296,792 | 00:33:14 |
By Micah Maidenberg
ConocoPhillips (COP) said Tuesday it now expects $6.3 billion in capital expenditures this year, up from a prior forecast of $6.1 billion.
The oil producer believes that spending will rise compared with its earlier forecast due to additional exploration work and drilling in Alaska, as well as the addition of a drilling rig in the Eagle Ford production region of Texas.
Conoco also said it expects third-quarter production of 1.29 million to 1.33 million barrels of oil equivalent a day.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
July 30, 2019 07:40 ET (11:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year ConocoPhillips Chart |
1 Month ConocoPhillips Chart |
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