CPAI profits fall in 1st quarter
Company earns $244 million in Alaska, down 60 percent from 2008; taxes lower on prices
ConocoPhillips earned $244 million in Alaska in the first three months of the year, down nearly 60 percent from the $603 million the company earned in the first quarter last year.
The drop reflects lower oil prices, but those lower prices also meant lower taxes in Alaska, helping the company turn a....
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.