IPELINE LIKELY SOLD BY CONOCO
Oil giant ConocoPhillips is likely going to try and sell its part of this Seaway pipeline of which it owns a fifty percent share. Although the company probably won’t be marketing the potential sale in traditional means or through seo companies, there is still the expectation that if the company gets a favorable enough response to its inquiries that it will probably sell its share so as to increase the value of its co and how much cash is available. There have already been some significant deals in the pipeline industry and if the pipeline no longer belongs to the company, industry analysts have said that gas in the middle of the country will likely rise in price.
