| Origin to Sell A$2.5 Billion in Shares to Boost Finances | |
| | |
|
Origin Energy Ltd. will sell A$2.5 billion ($1.8 billion) in shares as part of an effort to improve its balance sheet and maintain its investment-grade rating after a plunge in oil prices. Targeted asset sales will include upstream holdings it doesn’t operate and investments in wind power and infrastructure such as pipelines, Origin said. Origin plans to sell the shares to existing shareholders on a 4 for 7 basis at A$4 a piece, a 34 percent discount to its closing price of A$6.10 on Tuesday, the company said. (Updates to add Origin comments in third paragraph.) More from Bloomberg.com Read Origin to Sell A$2.5 Billion in Shares to Boost Finances on bloomberg.com
|
|
|
ConocoPhillips
|
|
|
CODE : COP |
ISIN : US20825C1045 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
ConocoPhillips is a producing company based in United states of america. ConocoPhillips is listed in Germany and in United States of America. Its market capitalisation is US$ 152.2 billions as of today (€ 142.1 billions). Its stock quote reached its lowest recent point on December 31, 1991 at US$ 10.94, and its highest recent level on April 24, 2024 at US$ 129.28. ConocoPhillips has 1 177 107 000 shares outstanding. |