Conoco hopes that by restructuring, investors will flock to Conoco’s stock because of the possibility that Conoco’s renovations will result in financial success. However, the instability of the market, especially in light of recent data showing that energy prices may be on the way toward a significant tumble, has created a sense of doubt among potential investors.

Another problem for Conoco is its overexposure to North American markets, placing it in a situation where it succeeds and fails with the whims of a single economic region. As Conoco continues to take measures to decrease its spending and lure in potential investors, its competitors have largely increased spending and expanded operations, establishing a truly difficult landscape for Conoco as it prepares to renovate.

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Post from: EveryJoe

Conoco Prepares for Renovation