asset-sale

ConocoPhillips, the third-largest U.S. oil company by market value after Exxon Mobil Corp. and Chevron Corp., said it expects its oil-and-gas production to be between 1.6 million and 1.7 million barrels of oil equivalent per day in 2013, down from 1.75 million barrels of oil equivalent per day last year, due to the impact of the asset-sale program.

Conoco to Shed Billions in Assets Isabel Ordonez 2011

Mr. Mulva said the additional asset-sale target is expected to come on top of the $7 billion the company already sold in assets last year and excludes the $8.3 billion from the sale of its 20% stake in Russia's OAO Lukoil.

Conoco to Shed Billions in Assets Isabel Ordonez 2011

Excluding asset-sale gains, restructuring-related charges and other items, Weyerhaeuser reported break-even results on a per-share basis after a year-earlier loss of seven cents.

Asset Sales Help Weyerhaeuser Turn a Profit Tess Stynes 2011

The company has said that it intends to use half of the asset-sale proceeds for debt reduction and half for reinvestment.

E.ON Confirms Sale of U.K. Power Business to PPL Selina Williams 2011

HOUSTON— ConocoPhillips ' said Wednesday its third-quarter earnings fell 14% on charges for asset-sale losses and other items, while high oil prices and strengthened refining margins helped offset a slump in production.

ConocoPhillips Profit Falls 14% on Charges Isabel Ordonez 2011

*** Shipping United Parcel Service said its fourth-quarter profit rose 48% to $1.12 billion, as the package-delivery giant benefited from higher revenue and asset-sale gains.

Business Watch 2011

Excluding asset-sale losses and tax impacts, earnings rose to 25 cents from 14 cents, above July's forecast of 15 cents to 19 cents.

Starwood Swings to Loss on Divestiture Tess Stynes 2010

In October, the company said its third-quarter earnings declined, mainly due to charges related to asset-sale losses.

Conoco's Oil Reserves Grow Ben Fox Rubin 2012

The latest quarter included 90 cents in net charges as asset-sale gains slightly offset costs from debt extinguishment and writedowns.

Bunge Profit Drops 8.6% Matt Jarzemsky 2010

MUMBAI -- State-owned Power Finance Corp. of India is looking to raise as much as 46.6 billion rupees through the sale of shares starting Tuesday, and it will kick off the government's 400 billion-rupee asset-sale program for the current fiscal, which started April 1.

Power Finance Issue Launches Today Sneha Shah 2011