Conoco Phillips
Latest Conoco Phillips News and Updates
Why Roller Coaster Crude Oil Prices Are Nothing New
Crude oil prices like any other commodity are subject to changes based on the supply and demand dynamics.
Import Prices and Crude Oil Keep US PCE Inflation Down
When the Fed refers to “inflation,” it’s talking about the rate of change in PCE (personal consumption expenditure) inflation. This is the price index for PCE.
XLE Is Up Even as Commodity ETFs Track Energy Prices Lower
The Energy Select Sector SPDR ETF (XLE) rose 0.22% in the week to June 26. The ETF tracks a diverse group of ~45 of the largest US energy stocks.
Why are some energy companies more leveraged than others?
In the past five years, many of the upstream and integrated energy companies have increased their debt. Some are more leveraged than others.
Why have energy companies increased their debt?
In 2010, US upstream energy companies aggregated $128 billion of total debt. As of 4Q14, this increased to $199 billion of combined debt, a jump of 55%.
What caused the WTI-Brent spread to widen?
Capping the month with a gain of 3.1% since January 30, WTI’s (West Texas Intermediate) increase has been small compared to Brent’s 18% increase.
A key analysis of ConocoPhillips’ capex breakdown for 2015
ConocoPhillips’ capex breakdown for 2015 includes major projects, development drilling, exploration and appraisal, and base maintenance.
