ConocoPhillips Reports 2nd Quarter Loss

Thursday, July 27th 2017, 9:42 am
By: News On 6

ConocoPhillips on Thursday reported a loss of $3.44 billion in its second quarter.

The Houston-based company who has offices in Bartlesville said it had a loss of $2.78 per share. Earnings, adjusted for non-recurring costs, were 14 cents per share.

The energy company posted revenue of $8.88 billion in the period. 

ConocoPhillips shares have fallen 13 percent since the beginning of the year.

ConocoPhillips news release

The Associated Press contributed to this report.