Aris Water Solutions extended its water agreement with ConocoPhillips to 2040, extending the contract’s expiration date from May 31, 2033, to May 31, 2040. The agreement includes water infrastructure services in the Northern Delaware Basin. Aris reported strong financials, including a 12% revenue growth and a 2.65% dividend yield. The company also announced second-quarter 2025 Adjusted EBITDA expectations and new director appointments. Additionally, Aris Mining reported a 13% gold production increase and a sale of the Juby Gold Project.

The article discusses ConocoPhillips' (COP) strategy to maintain financial resilience amid oil price volatility through its low-cost, diversified upstream asset portfolio. It highlights COP's acquisition of Marathon Oil in 2024, which strengthens its presence in the Permian Basin and Bakken Shale. The text also compares COP's position to ExxonMobil (XOM) and EOG Resources (EOG), noting their low breakeven costs and focus on low-cost production to thrive in low-price environments.

ConocoPhillips' liquefied natural gas (LNG) strategy is expected to benefit from the U.S./EU trade deal, enhancing its market position and operational efficiency.

The article discusses how ConocoPhillips (COP), ExxonMobil (XOM), and EOG Resources (EOG) are positioned to withstand oil price volatility through low breakeven costs, diversified asset portfolios, and strategic acquisitions. COP's low-cost upstream assets in the US and international basins, combined with its 2024 acquisition of Marathon Oil, strengthen its resilience. XOM aims to reduce breakeven costs to $35/barrel by 2027 and $30/barrel by 2030. EOG focuses on maintaining a low-decline asset base and low production costs.

The article discusses how ConocoPhillips (COP) and other energy firms like ExxonMobil (XOM) and EOG Resources (EOG) are leveraging low-cost, high-quality asset portfolios to withstand oil price volatility. COP's acquisition of Marathon Oil in 2024 strengthens its U.S. operations, while XOM and EOG focus on reducing breakeven costs to maintain profitability during low-price environments.