Conoco earnings down 84 percent; flow rises for new Phillips partner
Allen Baker, PNA contributing writer
Earnings dropped sharply at Conoco Inc. as the company took a hit from lower prices and refinery margins, in line with other companies in the industry.
Profits for the quarter slid 84 percent to $104 million, from $653 in the record quarter a year ago. Conoco’s profits were $127 million in the fourt....
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