Some analysts expected the company to report a profit of $2.56 a share, according to Reuters Estimates.
Revenues shot up to $34.7 billion in the quarter from $26.5 billion a year ago.
134
Conoco Gets A Mint Of Money
US oil and gas giant ConocoPhillips, the third largest oil producer in the world, announced on Wednesday that it got a sharp rise in quarterly profit
US oil and gas giant ConocoPhillips, the third largest oil producer in the world, announced on Wednesday that it got a sharp rise in quarterly profit, due to sky-rocketing crude oil and gas prices offset the impact of reduced gains on asset sales and lower volumes.
Conoco?s net income in the third quarter jumped to $2.01 billion, or $2.86 a share, compared with $1.31 billion, or $1.90 a share, compared with the same period the year earlier.
Some analysts expected the company to report a profit of $2.56 a share, according to Reuters Estimates.
Revenues shot up to $34.7 billion in the quarter from $26.5 billion a year ago.
Some analysts expected the company to report a profit of $2.56 a share, according to Reuters Estimates.
Revenues shot up to $34.7 billion in the quarter from $26.5 billion a year ago.
Подпишитесь
