Environmental groups sue to stop ConocoPhillips' Alaska oil project [Seeking Alpha]
ConocoPhillips (COP)
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Environmental groups sue to stop ConocoPhillips' Alaska oil projectMar. 15, 2023 6:05 PM ETConocoPhillips (COP)By:Carl SurranSA News Editor4 CommentsJHVEPhoto/iStock Editorial via Getty ImagesA coalition of environmental groupsfiled a lawsuitNYSE:approved earlier this weekgreenhouse gas emissions would undermine the U.S. government's climate goals.The groups including the Natural Resources Defense Council, Center for Biological Diversity and Greenpeace asked a U.S. district court in Alaska to vacate the record of decision approving the project because the U.S. Interior Department finalized the approval without addressing flaws in the plan identified by a federal judge in 2021.A separate lawsuit challenging the approval was filed Tuesday by the Sovereign Iñupiat for a Living Arctic along with the Sierra Club and others.Meanwhile, ConocoPhillips (wasted no time beginning work on the projectThe Willow project would produce up to 180K bbl/day of oil at its peak, according to the company.
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News
- Here's Why ConocoPhillips (COP) Fell More Than Broader Market [Yahoo! Finance]Yahoo! Finance
- Elliott mulls Citgo bid; creditor group seeks ConocoPhillips for separate offer - Reuters [Seeking Alpha]Seeking Alpha
- Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer [Yahoo! Finance]Yahoo! Finance
- Exclusive: Elliott weighs Citgo bid as creditor group eyes Conoco for own offer [Reuters]Reuters
- ConocoPhillips (NYSE: COP) had its price target raised by analysts at Piper Sandler from $145.00 to $157.00. They now have an "overweight" rating on the stock.MarketBeat
COP
Earnings
- 2/8/24 - Beat
COP
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/17/24 - Form 4
- 4/2/24 - Form 4
- COP's page on the SEC website