Key facts: ConocoPhillips names CEO; Truist PT $130; Sen. flags windfall
Less than 1 min read
- ConocoPhillips: CFO Andy O'Brien named CEO Sept 1, Ryan Lance becomes executive chairman. O'Brien to oversee $7B free cash flow target by 2029, major projects and cost cuts. Reuters
- Truist lifted ConocoPhillips (COP) price target to $130 from $115, updating the firm's valuation for the oil major. Dow Jones Newswires
- Sen. Elizabeth Warren accused ConocoPhillips (COP) of reporting windfall profits tied to geopolitical tensions and linked the company to excess gains related to the Iran conflict. Benzinga
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