NYSE:COPOil and Gas
ConocoPhillips (COP) Could Be 27% Undervalued Following New Shelf Registration
Why ConocoPhillips Filed a New Omnibus Shelf Registration
ConocoPhillips (COP) has filed a new omnibus shelf registration that covers a wide menu of potential securities, including common and preferred stock, debt, warrants, depositary shares, and stock purchase contracts.
This filing gives the company flexibility to raise capital for general corporate purposes such as debt repayment, acquisitions, capital spending, or share repurchases, depending on how management chooses to use the shelf...