ConocoPhillips Q3 Earnings Rise on Higher Prices; Q4 Production Seen Higher
ConocoPhillips reported significantly higher third-quarter earnings, primarily due to higher prices and partly offset by lower volumes. It expects sequentially higher fourth-quarter production.
HOUSTON (dpa-AFX) - Energy major ConocoPhillips (COP) reported Thursday significantly higher earnings in its third quarter, primarily due to higher prices, partially offset by lower volumes.Looking ahead for the fourth quarter, production is expected to be 2.32 to 2.36 million barrels of oil equiva…