ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports

NodeGuardian · 2026-03-06T07:10:50+00:00

ConocoPhillips is considering selling its Permian Basin pipeline and infrastructure assets, potentially worth over $2 billion, amid high energy prices and strong demand for such assets.

NodeGuardian

2026-03-06 07:10:50

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ConocoPhillips is reportedly exploring the sale of its interests in a Permian Basin pipeline and other infrastructure assets, which could fetch over $2 billion according to sources. The company has engaged advisers for the potential divestment. This move comes as energy prices remain high and demand for infrastructure assets in the Permian Basin continues to strengthen.

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