ConocoPhillips posts loss on special merger-related chargesUpstream production shows decline; downstream segment remains weak Allen Baker PNA Contributing Writer
ConocoPhillips posted a loss of $116 million for the third quarter, with the results including a bunch of special charges related to the merger of Phillips Petroleum Co. and Conoco Inc.
Factoring out the adjustments, operating income was $456 million for the quarter. Phillips alone made $373 millio....
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Tough to compare Production declines Alaska net rises Downstream woes continue
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