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0.000105712647397048 0.000105712647397048 -0.00053817347765779 -0.00205659150390666 -0.00213667684284376 -5.44580304773773E-05 -0.000935396758786259 -0.00117565277559767
Stock impact report

ConocoPhillips' CEO Addresses the Elephant in the Room [The Motley Fool]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
ConocoPhillips' CEO Addresses the Elephant in the Room The oil industry has been buzzing over the epic battle for control of Anadarko Petroleum ( NYSE:APC Chevron NYSE:CVX initially beat out Occidental Petroleum NYSE:OXY brought in investing titan Warren Buffett This headline-grabbing fight has many investors speculating which companies might jump into the M&A arena next. That led ConocoPhillips NYSE:COP first-quarter conference call Image source: Getty Images. Understanding the buckets Toward the end of his prepared remarks, CEO Ryan Lance shifted gears and stated, "I'm going to take another issue head-on and that's M&A." He did this to avoid the likely barrage of questions from analysts on whether his company might get into a bidding war for Anadarko or some other company. He then spent several minutes running through how his company views mergers and acquisitions. He started by stating: As you've heard from me many times, we think of M&A in three buckets. First, incremental fence-l Show less Read more
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