Winter drilling program in Alaska petroleum preserve can proceed, judge rules [Yahoo! Finance Canada]
ConocoPhillips (COP)
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Source: Yahoo! Finance Canada
U.S. District Court Judge Sharon Gleason rejected a request by conservation groups and an Iñupiat-aligned group that sought to halt ConocoPhillips Alaska's planned exploration program in the National Petroleum Reserve-Alaska until the groups' legal challenge to the program's authorization by the U.S. Bureau of Land Management was resolved. The groups said the federal government improperly analyzed the drilling program. The company, meanwhile, said the program was imperative to preserving its leases. Gleason said in her order dated Tuesday that the groups had not shown that they have a “fair chance of success” on the merits of their claims. The decision comes after a mobile drilling rig the company planned to use as part of its program toppled onto snow-covered tundra near existing oil and gas infrastructure while being transported last week. Attorneys for the company in a court filing said the incident would not deter ConocoPhillips Alaska's overall plans and that a substitute
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News
- It's Time to Buy: 1 Oversold TSX Stock Poised for a Comeback [Yahoo! Finance Canada]Yahoo! Finance Canada
- Investors Heavily Search ConocoPhillips (COP): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Cold Snap Hits U.S. Oil and Gas Production [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips (NYSE:COP) had its price target raised by analysts at Wolfe Research from $122.00 to $123.00. They now have an "outperform" rating on the stock.MarketBeat
- ConocoPhillips (NYSE:COP) had its "positive" rating reaffirmed by analysts at Susquehanna.MarketBeat
COP
Earnings
- 11/6/25 - Beat
COP
Sec Filings
- 1/20/26 - Form 4
- 1/20/26 - Form 4
- 1/20/26 - Form 4
- COP's page on the SEC website