- Entered into an amendment agreement with ConocoPhillips (NYSE: COP) in relation to the proposed acquisition by OER of the Nigerian oil and gas business of ConocoPhillips (the " COP Acquisition"); and
- Terminated the Brass LNG Purchase Agreement.
COP is poised (again) to move higher.
Shareholders voted against the company's 2016 executive compensation plan Tuesday, and while the vote was nonbinding and advisory, such overwhelming investor displeasure could signal further turmoil in the future.
Here are Wednesday's top research calls, including new coverage of Advanced Micro Devices and Transocean, upgrades for Clovis Oncology and ConocoPhillips, and a downgrade for Disney.