ConocoPhillips will release its Q1 results on Thursday, April 25. In its 2012 annual earnings conference call, Conoco admitted that 2013 will represent a low point as far as production is concerned. This is largely due to an expected dip in production in the second and third quarters owing to seasonal factors and planned maintenance, as well as asset sales. While the company produced 1,578 million barrels of oil equivalent in 2012, it estimates that production will total 1,475-1,525 MBOED in 201...
ConocoPhillips will release its Q1 results on Thursday, April 25. In its 2012 annual earnings conference call, Conoco admitted that 2013 will represent a low point as far as production is concerned. This is largely due to an expected dip in production in the second and third quarters owing to seasonal factors and planned maintenance, as well as asset sales. While the company produced 1,578 million barrels of oil equivalent in 2012, it estimates that production will total 1,475-1,525 MBOED in 201...
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