Tuesday, March 6, 2012

Conoco: "10 in 12"

Conoco will sell $10 billion in assets in 2012.

The spin-off, Phillips 66, will become effective April 12, 2012, for "when-issued" trading. Phillips 66 will be the downstream business.
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6 comments:

  1. embraceyourinnerhillbillyMarch 6, 2012 at 6:18 PM

    >>Phillips 66 will be the downstream business<<


    As in the old Phillips 66 Gas stations?

    ReplyDelete
    Replies
    1. Bruce OksolMarch 6, 2012 at 6:29 PM

      "Downstream" certainly includes refineries, and I would assume it also includes the old Phillips 66 gas stations -- wouldn't that be cool? Retro-TV ads? I can hardly wait.

      Delete
  2. embraceyourinnerhillbillyMarch 7, 2012 at 6:57 PM

    PHILLIPS 66 ad w/Gale Sayers


    http://www.youtube.com/watch?v=h7JeIJPpY40

    ReplyDelete
    Replies
    1. Bruce OksolMarch 7, 2012 at 7:04 PM

      Even without looking at it, I remember it. In fact, I think I've posted at this blog some time ago, but don't remember for sure.

      Delete
  3. embraceyourinnerhillbillyMarch 7, 2012 at 7:00 PM

    Didn't look like it posted.

    Phillips 66 ad w/Gale Sayers
    http://www.youtube.com/watch?v=h7JeIJPpY40

    ReplyDelete
    Replies
    1. Bruce OksolMarch 7, 2012 at 7:06 PM

      Yes, I moderate all comments before posting. No vulgarity gets posted, for example.

      So, when someone sends in a comment, it could be awhile before I get to it.

      I was out and about today with the granddaughters, and just got back in a few minutes ago.

      Delete

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