ConocoPhilips
Diluted earnings per ordinary share for the half year were $2.31, compared with a loss of $1.37 a year earlier. Revenue in January-June was $20.77 billion, 2.3 times higher than a year ago. Hydrocarbon production, excluding work in Libya, rose 34% to 1.52 million barrels of oil equivalent per day.
ConocoPhillips reported net income of $2.091 billion in the second quarter of 2021, up 8 times year over year. Earnings per common share were $1.55 compared to $0.24 a year earlier. The company's revenues increased 2.5 times to $10.211 billion.
ConocoPhillips' hydrocarbon production, excluding work in Libya, was 1.5 million barrels of oil equivalent per day in the second quarter - 1.6 times higher than in the same period last year.
The company expects production in the third quarter of 2021 to be between 1.48 and 1.52 million barrels of oil equivalent per day, reflecting seasonal changes planned in Alaska and the Asia-Pacific region. This forecast does not include Libya and assumes that previously announced divestitures will complete in the third quarter of 2021.
source: bloomberg.com
ConocoPhillips reported net income of $2.091 billion in the second quarter of 2021, up 8 times year over year. Earnings per common share were $1.55 compared to $0.24 a year earlier. The company's revenues increased 2.5 times to $10.211 billion.
ConocoPhillips' hydrocarbon production, excluding work in Libya, was 1.5 million barrels of oil equivalent per day in the second quarter - 1.6 times higher than in the same period last year.
The company expects production in the third quarter of 2021 to be between 1.48 and 1.52 million barrels of oil equivalent per day, reflecting seasonal changes planned in Alaska and the Asia-Pacific region. This forecast does not include Libya and assumes that previously announced divestitures will complete in the third quarter of 2021.
source: bloomberg.com
