NYSE:COPOil and Gas
ConocoPhillips Alaska Union Vote Puts Focus On Costs And Valuation
About 250 North Slope Alaska oil field workers at NYSE:COP have voted to unionize.
The unionization decision follows ConocoPhillips' announcement of workforce reductions of up to 25% globally.
Workers are forming two unions focused on job security, wages, and benefits at the North Slope operations.
For you as an investor, this sits at the intersection of labor, operations, and energy supply. ConocoPhillips, traded as NYSE:COP, is a major independent oil and gas producer with a meaningful...