ConocoPhillips posts $410 million loss as company changes focusHuge special charges revalue downstream assets that are up for sale Allen Baker PNA Contributing Writer
ConocoPhillips reported a loss of $410 million for the fourth quarter as the company took $1.2 billion in special charges as it prepares to sell downstream assets. Without the charges, the company made a profit of $747 million.
It was the first full quarter of operations for the new company, and re....
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