ConocoPhillips Walks Away from Venezuelan Oil Reserves
Excerpt from the InvestorGuide.com Stock of the Day on 6/27/2007

ConocoPhillips heard the facts, and voted "no." The nation's third largest oil company did not agree to the terms that Venezuela set forth in its takeover plans on Tuesday, setting the stage for a potential international showdown. Luckily, the Houston-based company has its hands in more projects and is expecting heavy growth in Asian markets. Will the company be able to shake off the deal and integrate last year's purchase of Burlington Resources as seamlessly as planned, or is the well going to run dry? More >

ConocoPhillips has it. Oil, that is. Black gold. Texas tea.
Excerpt from the InvestorGuide.com Stock of the Day on 9/19/2005

With oil prices remaining on a seemingly endless up and up over the course of the past few months, oil executives can't help but feel a little smug about the condition of their companies. Most have seen record profits as of late, as hurricanes, exponentially increasing demand from giants such as the United States and China, and the discovery of new supply fields seem only to extend success for years to come. What is the future of ConocoPhillips in an industry dominated by such oil giants like BP, ExxonMobil and Chevron? While currently a quarter the market capitalization of ExxonMobil, James Mulva, the current CEO, hopes that there will be plenty of black gold to pump into company coffers to keep up with the big dogs. More >