Core Viewpoint - ConocoPhillips is considering the sale of its Permian Basin assets valued at approximately $2 billion as part of a strategy to streamline its portfolio [1]. Group 1: Company Actions - The assets under consideration for sale were acquired through previous transactions with Concho Resources and Shell [1]. - The decision to explore the sale is part of a broader effort by ConocoPhillips to optimize its asset portfolio [1]. Group 2: Financial Implications - The expected valuation for the Permian assets is around $2 billion, indicating a significant potential influx of capital for the company [1].