Welcome

The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com

Agenda Macro

Calendario económico en tiempo real proporcionado por Investing.com España.

ConocoPhillips production falls, profit dips

NEW YORK (MarketWatch)
ConocoPhillips said Monday its first-quarter profit fell to $2.94 billion, or $2.27 a share, from $3.03 billion in the year-ago period
Excluding one-time items, the oil company's earnings rose to $2.02 a share from $1.82 a share. Production fell to 1.64 million barrels of oil equivalent a day, down by 65,000 barrels per day Wall Street analysts expected the company to earn $2.08 a share, with production of 1.59 million barrels of oil equivalent a day, according to a survey by FactSet Research
During the quarter, production from Libya resumed, with average production of 36,000 barrels a day
Looking ahead, ConocoPhillips expects second-quarter production to be impacted by turnarounds, maintenance and the selling of assets
For 2012, ConocoPhillips expects production of 1.55 to 1.6 million barrels of oil equivalent a day
The company remains on track to spin off its Phillips 66 refining and gas station unit

No hay comentarios: