ConocoPhillips Reports Better-Than-Expected Profit in Oil Crash

31 July 2015, News Wires – ConocoPhillips, the third-largest U.S. energy producer, reported better-than-expected profit and output while cutting spending plans amid lower oil prices. Excluding certain items, Houston-based ConocoPhillips had a profit of 7 cents a share, which was 3 cents higher than the average of 21 analyst estimates compiled by Bloomberg. Production that […] More »