ConocoPhillips Alaska 2Q profits down 26%Oil, gas production continue to fall while commodity prices hold steady; company reports $381M 2nd quarter Alaska earnings Eric Lidji For Petroleum News
ConocoPhillips earned $381 million in Alaska in the second quarter of the year, down 26 percent from the first quarter and nearly 6 percent from the second quarter of 2009.
Despite those declines, rising oil prices year over year are lifting profits. Over the first six months of the year, ConocoPhil....
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Production down, prices even LNG prices keep rising
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