Atlas Pockets $5M Environmental Services Contract From ConocoPhillips

  • Atlas Technical Consultants Inc ATCX has secured a $5 million contract to provide environmental services to ConocoPhillips COP. The contract is for a five-year term.
  • Services under the contract include assessing and remediation of petroleum-oil impacted soil and groundwater associated with historical oilfield activity in the western region of the U.S.
  • Price Action: ATCX shares closed higher by 5.3% at $8.50 on Friday, while COP shares are trading higher by 1.72% at $88.23 during the premarket session on Tuesday.
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