ConocoPhillips is Not Considering Acquisitions

摘要

Facing losses in the billions of dollars for 2008, ConocoPhillips' chairman and CEO Jim Mulva reiterated to investors last week that the company would not seek to acquire assets as part of its growth strategy for 2009."…Our $12.5 billion capital program has nothing of acquisitions in it," Mulva said during a conference call discussing the company's fourth quarter 2008 earnings. "Obviously, we have the portfolio that we have, today. That's what we're going to manage."