ConocoPhillips earns $361 million in 3Q
Down 5 percent quarter-over-quarter but up 1 percent year-over-year; oil, natural gas and LNG production continues falling
For Petroleum News
ConocoPhillips earned $361 million in Alaska in the third quarter of the year.
Slightly lower oil prices and continually falling production led to a drop from the $381 million ConocoPhillips earned in the second quarter, but higher prices year-over-year yielded a slight increase over the $356 millio....
[additional news subjects in this story]
Production down, prices level
LNG sales down, prices up
Exploration charges, DDA down
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