ConocoPhillips (COP) Valuation Check As US$2b Permian Asset Sale Is Considered After Marathon Oil Deal

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ConocoPhillips (COP) is reportedly considering selling Permian Basin assets valued at approximately US$2 billion, a move linked to its post-Marathon Oil integration strategy. While the stock has seen a slight pullback recently, it remains near highs, with strong short-term and long-term shareholder returns. The company’s fair value is estimated at $114.74, suggesting a modest undervaluation, driven by expanding LNG projects and expected free cash flow growth, though this depends on project execution and managing liabilities.

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