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Conoco (COP) Exits Gas Station Business: A Lost Opportunity
11 days ago
Conoco wants space for 7,000 at new Colo. campus
80 days ago

Source: articles.moneycentral.msn.com --- 1 day ago
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Source: articles.moneycentral.msn.com --- 4 days ago
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Source: articles.moneycentral.msn.com --- 1 day ago
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Source: finance.yahoo.com --- 11 days ago
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Source: xml.news.aol.com --- 11 days ago
Following the lead of rival ExxonMobil, ConocoPhillips says that it will completely exit the gas station business, and is expected to sell its remaining 600 company-owned stations for $800 million. Quote: COP ...
Source: www.moreover.com --- 9 days ago
ConocoPhillips has reveled plans to sell 600 company-owned gas stations across the nation to PetroSun West in an $800 million deal that will mark the firms exit from the volatile retail gas business. ...
Source: online.wsj.com --- 11 days ago
ConocoPhillips is expected to sell the rest of its roughly 600 company-owned gas stations for about $800 million. The sale is part of oil companies' efforts to flee low-margin U.S. retail-gasoline sales and focus on finding new supplies of crude oil. ...
Source: colorado.bizquest.com --- 21 days ago
THE ASKING PRICE IS MUCH BELOW THE PRESENT MARKET PRICE FOR GAS STATIONS OF SIMILAR NATURE AND SALES PERFOMANCE. THE SELLER IS WILLING TO NEGOTIATE THE PRICE. SO DO NOT WAIT, CALL TO SET UP SHOWING... ...
Source: www.247wallst.com --- 11 days ago
Conoco (COP) is selling its gas stations, following Exxon (XOM) out the exit door. Perhaps there is a greater fool; a company that thinks it can make money on a business that Conoco believes is dying. According to The Wall Street Journal, “ConocoPhillips is expected to sell the remainder of its 600 company-owned gasoline stations to closely held PetroSun West LLC for $800 million.” Refining and selling gas and diesel has become the ugly end of the oil business. Crude comes off the ships and through the pipes at $120 a barrel. The refined products are so expensive that consumers and businesses cannot afford them. Gas at $4 may seem high, but it is not profitable for Big Oil. The answer to the problem is to pawn off the gas station business to the buffoons who think they can still make money. Conoco is probably making falling prey to an error in judgment. If oil continues to come down and gas prices deflate, the profitability of the old line service station will probably return to what it was three or four years ago. The business runs in a cycle, but in the best years it throws off mighty profits. Conoco may reason that owning stations is simply too tiny a business to be worthwhile. Under the sales agreement its brand name will still be on the front door, it will lose control over the level of service at those retail outlets. That, in essence, is what drives its reputation with customers. Giving it up for a modest amount of money is ...
Source: www.caribbeannetnews.com --- 12 days ago
CARACAS,Venezuela (Reuters): Venezuela is advancing in talks with US oil giant ConocoPhillips and will meet with the company next week to discuss the 2007 nationalization of its assets, a Venezuelan official said on Monday. Conoco has filed arbitration proceedings against Venezuela for last year's nationalization. ...
Source: www.topix.com --- 24 days ago
Candlesticks were developed by rice traders in Japan many centuries ago to help display price activity over a trading period. ...
Source: www.topix.com --- 34 days ago
ConocoPhillips reported significantly better-than-expected second-quarter 2008 earnings, reflecting commodity-price driven upstream strength. ...
Source: news.yahoo.com --- 11 days ago
AP - ConocoPhillips will sell the remainder of its gas stations in the United States, the company said Wednesday, though Conoco, Phillips 66, and 76 will continue to operate under those familiar signs. ...
Source: www.washingtonpost.com --- 11 days ago
NEW YORK -- ConocoPhillips will sell the remainder of its gas stations in the United States, the company said Wednesday, though Conoco, Phillips 66, and 76 will continue to operate under those familiar signs. ...
Source: www.topix.com --- 13 days ago
Several Conoco gas stations, as well as some other companies in Montana, are now requiring drivers to pay up front before pumping their gas. ...
Source: neighbors.denverpost.com --- 14 days ago
Presumptive Democratic presidential nominee Barack Obama is welcomed to Denver on at least two marquees: A Conoco gas station at Speer and Pennsylvania bears the greeting: "Welcome 2 Obamarado" ...
Source: www.reason.com --- 4 days ago
I ran into anti-Real ID activist Bill Scannell , " the man who helped kill CAPPS II ," and asked him what intelligence he can give us about Sarah Palin, governor of the state he's lived in for the past several years. Scannell is a Democrat, a long-time acquaintance of mine, and as such should be taken with a few grains of salt. He called Palin "a poster child for the Evangelical Right," but said that "frankly most Alaskans don't even care" about that stuff, and at any rate, a McCain/Palin White House wouldn't deliver whatever it is the Religious Right wants. More excerpts from our conversation: Q : So libertarian-minded people should be fine with that, right? A : Let me tell you all the nice things about Sarah Palin: Sarah Palin has been a pretty freaking awesome governor. She came in saying that the entire system was corrupt, and that Republicans were evil, and she was going to just mix everything up and get us a gas pipeline and end of story. And she got to power, she was elected overwhelmingly by independents, beat Tony Knowles , who had been governor before. The Republicans hate her. If you go and talk to the Alaska delegation here, they despise her. Q : Really? A : Hate her. Oh my god! This whole thing about her retarded son really being her daughter's was started by Lyda Green , who is president of the senate, a Republican. [...] She gave a two-finger salute to Conoco Phllips and Exxon Mobile , raised their taxes on their oi ...
Source: www.adn.com --- 7 hours ago
The hottest art display in town -- or at least the warmest -- is filling the Conoco Phillips atrium this weekend. ...
Source: www.globalbx.com --- 6 days ago
This convenience store / Conoco Station is supplemented by a 6 unit motel plus rental cabin, a 22 (32) space RV park, a liquor / sporting goods store / deli. It is located at the junction of HWY 189 191, 65 miles south of Jackson Hole WY (Southern Gateway... ...
Source: www.thenewstribune.com --- 10 days ago
ConocoPhillips will sell the remainder of its gas stations in the United States, the company said Wednesday, though 76, Conoco and Phillips 66 will continue to operate under those familiar signs. ...

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