Conoco Profit Exceeds Analysts’ Estimates as Crude Rises

Oil and Gas Investing

Bloomberg reports that ConocoPhillips (NYSE:COP) announced lower second-quarter profit.

Bloomberg reports that ConocoPhillips (NYSE:COP) announced lower second-quarter profit.

The market news is quoted as saying:

Earnings from producing oil and gas climbed 72 percent, excluding one-time items, from a year earlier to $2.5 billion in the second quarter

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