ConocoPhillips

ConocoPhillips CEO Ryan Lance Buys Freeport-McMoRan Stock

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Text size Ryan Lance, chairman and CEO of ConocoPhillips. Aaron M. Sprecher/Bloomberg Freeport-McMoRan stock has slid this year, and director Ryan Lance has bought a large block of shares of the copper, gold, and molybdenum miner. Freeport-McMoRan (ticker: FCX) stock has lost nearly a third of its value in 2022. Copper prices have been tumbling, … Read more

U.S. court orders Venezuela to pay ConocoPhillips $8.7B for asset seizures (NYSE:COP)

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Grafissimo/E+ via Getty Images A U.S. court upheld a World Bank tribunal’s $8.75B award to ConocoPhillips (NYSE:COP) over the expropriation of the company’s Venezuelan oil assets, granting a default judgment in the case on Friday. The decision gives ConocoPhillips (COP) new authority to collect on the 2019 award from the World Bank’s International Centre for … Read more