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COP Jan 2025 70.000 call
- Reuters
Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of creditors represented by Centerview Partners aims to lure ConocoPhillips to join another offer, five people close to the matter said. Investment banker Centerview has been retained to craft a potential bid on behalf of investors and creditors pursuing Venezuela's foreign assets in federal court in Delaware to recoup claims for expropriations and debt defaults, three of the people said. The Centerview group wants oil producer ConocoPhillips, which holds the largest claims in the court case, to join its effort ahead of the final bidding round, which closes in June.
- Simply Wall St.
Possible Bearish Signals With ConocoPhillips Insiders Disposing Stock
The fact that multiple ConocoPhillips ( NYSE:COP ) insiders offloaded a considerable amount of shares over the past...
- Zacks
ConocoPhillips (COP) Stock Moves -1.29%: What You Should Know
ConocoPhillips (COP) closed the most recent trading day at $131.20, moving -1.29% from the previous trading session.
