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Record Shale Production Helps ConocoPhillips Beat Profit Estimates
ConocoPhillips (NYSE: COP) is raising its ordinary dividend and share buyback program as its third-quarter earnings beat market expectations on the back of higher total oil and gas production and record output in the U.S. shale patch. The U.S. oil and gas producer reported on Thursday adjusted earnings per share of $1.78 for the third quarter, down from $2.16 EPS a year earlier, but above the anal...
https://oilprice.com/Latest-Energy-News/World-News...
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