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ConocoPhillips : Said Selling All Nigerian Assets -Reuters

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05/08/2012 | 05:39pm CET

ConocoPhillips (COP) is preparing the sale of all of its assets in Nigeria and a stake in the company's LNG Brass facility, Reuters reported Tuesday on its website, citing people familiar with the situation.

The assets could be sold individually, the sources told Reuters. A deal could raise billions of dollars for the company.

Full story at: http://uk.reuters.com/article/2012/05/08/conocophillips-nigeria-idUKL5E8G8FAX20120508

-Dow Jones Newswires; 212-416-2900

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Financials ($)
Sales 2017 31 126 M
EBIT 2017 2 525 M
Net income 2017 975 M
Debt 2017 23 077 M
Yield 2017 2,22%
P/E ratio 2017 67,41
P/E ratio 2018 25,08
EV / Sales 2017 2,61x
EV / Sales 2018 2,31x
Capitalization 58 134 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 57,8 $
Spread / Average Target 23%
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NameTitle
Ryan M. Lance Chairman & Chief Executive Officer
Donald Evert Wallette CFO, EVP-Finance & Commercial
Matthew J. Fox EVP-Strategy, Exploration & Technology
James E. Copeland Independent Director
Richard H. Auchinleck Lead Independent Director
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