Stock Market & Financial Investment News

News Breaks January 15, 2013 07:31 EDT COP, DNR ConocoPhillips to sell Cedar Creek Anticline properties for $1.05B ConocoPhillips (COP) has entered into an agreement to sell its properties in the Cedar Creek Anticline for a total of $1.05B before customary adjustments. ConocoPhillips has entered into an agreement with Denbury Resources Inc.’s (DNR) principal operating subsidiary to sell ConocoPhillips’ properties in the Cedar Creek Anticline, comprising approximately 86,000 net acres in southwestern North Dakota and eastern Montana. ConocoPhillips’ 2012 net production from these properties averaged 13 thousand barrels of oil equivalent per day through November. The sale does not include any of ConocoPhillips’ assets in the Bakken Formation, where ConocoPhillips owns 626,000 net acres, consisting of 207,000 net lease acres and 419,000 net mineral acres. The proposed sale of these assets is part of ConocoPhillips’ plan to increase value for shareholders through portfolio optimization, focused capital investments that deliver growth in production and cash margins, improved returns on capital, and sector-leading shareholder distributions. News For COP;DNR From The Last 14 Days Check below for free stories on COP;DNR the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 21, 2013 16:04 EDT COP Options Update; May 21, 2013 Subscribe for More Information 07:22 EDT COP ConocoPhillips pulls back on plans to sell oil sand assets, Globe and Mail says Subscribe for More Information May 20, 2013 07:37 EDT DNR Barclays to host a conference High Yield and Syndicated Loan Conference is being held in Chicago on May 20-22. May 15, 2013 12:46 EDT COP ConocoPhillips seeing some cost 'softness' that they can benefit from Subscribe for More Information 08:02 EDT COP FMC Technologies awarded $26M subsea equipment order from ConocoPhillips Subscribe for More Information 07:33 EDT COP National Association of Business Economics to hos a conference Subscribe for More Information May 14, 2013 11:39 EDT DNR High option volume stocks: IVZ BGCP SCTY DNR AEGR Subscribe for More Information 11:20 EDT COP ConocoPhillips says making 'significant progress' on production, margin growth Subscribe for More Information May 13, 2013 13:07 EDT DNR Denbury Resources September calls active Subscribe for More Information 10:58 EDT DNR High option volume stocks: PRGO OMEX SCTY OPTR DNR Subscribe for More Information 07:23 EDT DNR Susquehanna to host a conference Subscribe for More Information May 7, 2013 17:02 EDT COP Enbridge enters terminal services agreement with ConocoPhillips Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.