ConocoPhillips Careers

  • Website www.conocophillips.com
  • Industry Oil & Energy
  • Locations Houston, TX
  • Founded 2012
  • Size 10,000+ employees
  • Salary -

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ConocoPhillips CNBC / May 5, 2021

Higher oil prices and the potential for larger returns to shareholders makes ConocoPhillips a hard stock for investors to resist, according to Bank of America. Analyst Doug Leggate upgraded the oil stock to buy from neutral on Wednesday, saying that the company could throw off enough cash to offset long-term concerns about the business.

ConocoPhillips Offshore Technology / May 5, 2021

ConocoPhillips has swung to the first-quarter profit of $1bn from a loss of $1.7bn a year ago, primarily driven by a rebound in global oil prices. For the three months ending 31 March, the company reported revenues of $10.56bn. The energy giant ended the quarter with cash, cash equivalents and restricted cash of $3.2bn and short-term investments of $4.1bn.

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