Monday, April 23, 2012

ConocoPhillips Reports First-Quarter Earnings of $2.9 Billion or $2.27 Per Share

Adjusted earnings of $2.6 billion or $2.02 per share First-Quarter Highlights Production of 1.64 million BOE per day Worldwide refining capacity utilization rate of 91 percent Progressed asset divestiture program Repurchased 2 percent of ConocoPhillips (COP) shares Record earnings in Chemicals segment Strategic repositioning into two leading energy companies nears completion HOUSTON–(BUSINESS WIRE)– ConocoPhillips today reported first-quarter earnings of $2.9 billion, compared with first-quarter 2011 earnings of $3.0 billion. Excluding $330 million of special items, first-quarter 2012 adjusted earnings were $2.6 billion. Continue reading here: ConocoPhillips Reports First-Quarter Earnings of $2.9 Billion or $2.27 Per Share Related Posts : Google Boosted by Strong Earnings, Stock Split Google reported first-quarter earnings of $10.08 a share on revenue of $8.14 billion, excluding

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