Sunday, September 21, 2025

High Premiums Dissuade ConocoPhillips from Making a Big M&A Leap

Conoco looks toward sub-$7 billion/year capital spend for the long-term forecast By Richard Rostad, analyst, Oil & Gas 360 ConocoPhillips (ticker: COP) announced first quarter results today, showing net income of $1.8 billion, or $1.60 per share. This quarter’s results significantly exceed those of Q1 2018, when Conoco earned $0.9 billion. However, much of this difference is due to special

Gas Majors Cabot, Range and Southwestern Weigh In on Hot Topics in Investor Calls

By Richard Rostad, analyst, Oil & Gas 360 Big shale gas producers announced earnings last week, with Cabot Oil & Gas (ticker: COG) Range Resources (ticker: RRC) and Southwestern Energy (ticker: SWN) each talking about their Q1 results. While these firms’ conference calls covered many company-specific topics, they also addressed many larger-scale aspects of the current oil and gas industry.