Post Tagged with: "increase rig count"

ConocoPhillips Shifts Capital into the Bakken and Eagle Ford in a Late 2016 Move

ConocoPhillips Shifts Capital into the Bakken and Eagle Ford in a Late 2016 Move

COP adding 5 rigs in the Bakken and Eagle Ford in Q4 2016

The world’s largest independent E&P, ConocoPhillips (ticker: COP), reported a third-quarter 2016 net loss of $1.0 billion, or ($0.84) per share today.

But the company snagged its …