Loading...
Market
What will be the impact of the court's decision on ConocoPhillips' financial performance by the end of Q2 2025?
2
Resolution / Starting Odds
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
ConocoPhillips' quarterly financial statements, official announcements, or financial news reports
Story
ConocoPhillips Wins Court Approval to Seize PDVSA Dragon Gas Payments
Sep 27, 2024, 06:48 PM
ConocoPhillips has secured approval from a Trinidad court to seize payments to Venezuela's PDVSA for the Dragon Gas offshore project. The court's decision includes the appointment of an accounting firm as a receiver to manage the seizure of Dragon Gas payments. This move was justified by the judge due to concerns that PDVSA might relocate assets from Trinidad to avoid payment obligations to ConocoPhillips.
View original story
Similar markets
Increase emissions targets • 25%
Maintain current targets • 25%
Decrease emissions targets • 25%
No change in policy • 25%
Significant negative impact • 25%
Minor negative impact • 25%
No impact • 25%
Positive impact • 25%
NVIDIA changes financial reporting practices • 25%
No change in reporting practices • 25%
Enhanced disclosure of crypto-related sales • 25%
Other outcome • 25%
Increases by more than 5% • 25%
Increases by 0-5% • 25%
Remains the same • 25%
Decreases • 25%
Peabody Energy • 25%
Arch Resources • 25%
Alliance Resource Partners • 25%
Other • 25%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Decrease by more than 10% • 25%
Remain within +/- 10% • 25%
Other • 25%
Major operational changes • 25%
Minor operational changes • 25%
No changes • 25%
Business expansion • 25%
Increase in lawsuits • 33%
Decrease in lawsuits • 33%
No significant change • 34%
Stock price increases by over 10% • 25%
Stock price decreases by over 10% • 25%
Stock price remains within 10% range • 25%
Stock is delisted • 25%
Appeal Successful • 25%
Appeal Unsuccessful • 25%
Partial Success • 25%
Settlement Reached • 25%