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2016-05-03 14:40:00

CONOCO NET LOSS $1.5 BLN

CONOCO NET LOSS $1.5 BLN

HOUSTON – ConocoPhillips (NYSE: COP) reported a first-quarter 2016 net loss of $1.5 billion, or ($1.18) per share, compared with first-quarter 2015 earnings of $272 million, or $0.22 per share. Excluding special items, first-quarter 2016 adjusted earnings were a net loss of $1.2 billion, or ($0.95) per share, compared with a first-quarter 2015 adjusted net loss of $222 million, or ($0.18) per share. Special items for the current quarter were related to non-cash impairments in the Gulf of Mexico and United Kingdom and pension settlement expense.

CONOCO 1Q 2016 RESULTS

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Tags: CONOCO, PHILLIPS, OIL, GAS, PRICES
Chronicle:
CONOCO NET LOSS $1.5 BLN
2019, November, 18, 13:02:00
NEW FRONTIERS IN RENEWABLE ENERGY
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CONOCO NET LOSS $1.5 BLN
2019, November, 18, 13:00:00
GAZPROM NEFT NET PROFIT +7%
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CONOCO NET LOSS $1.5 BLN
2019, November, 18, 12:55:00
U.S. FINANCIAL STABILITY: NOV 2019
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CONOCO NET LOSS $1.5 BLN
2019, November, 18, 12:50:00
INVESTING IN ENERGY STORAGE
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CONOCO NET LOSS $1.5 BLN
2019, November, 18, 12:45:00
AES STREAMLINES ASSET MANAGEMENT
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CONOCO NET LOSS $1.5 BLN
2019, November, 18, 12:40:00
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CONOCO NET LOSS $1.5 BLN
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