Conoco Expects Less Q1 Output
ConocoPhillips (NYSE:COP) expects its production for the upcoming first quarter to be lower than the year-earlier period as expressed in its interim update. The U.S. major now projects hydrocarbon production of approximately 1.62 million barrels of oil equivalent per day (MMBoe/d), down almost 5% from the year-ago level of 1.70 MMBoe/d. However, the anticipated figure [...]
ConocoPhillips (NYSE:COP) expects its production for the upcoming first quarter to be lower than the year-earlier period as expressed in its interim update.
The U.S. major now projects hydrocarbon production of approximately 1.62 million barrels of oil equivalent per day (MMBoe/d), down almost 5% from the year-ago level of 1.70 MMBoe/d. However, the anticipated figure exceeds its forecast for full-year average output of 1.55 MMBoe to 1.60 MMBoe, on a daily basis. This year-over-year downfall … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards