Conoco Doubled Its Income

US oil major ConocoPhillips reported its second quarter net income of $2,075 million, or $2.97 per share, compared with $1,187 million, or $1.73 per share, for the same quarter in 2003.
Total revenues were $31.9 billion, versus $25.6 billion a year ago. Income from continuing operations for the second quarter was $2,013 million, or $2.88 per share, compared with $1,096 million, or $1.60 per share, for the same period a year ago.
For the first six months of 2004, net income was $3,691 million, or $5.30 per share, versus $2,408 million, or $3.52 per share, for 2003. Income from continuing operations was $3,616 million, or $5.19 per share, compared with $2,359 million, or $3.45 per share, for the same period a year ago. Total revenues were $62.1 billion, versus $52.6 billion a year ago.