ConocoPhillips

COP: XNYS (USA)
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ConocoPhillips Earnings: Leadership Transition and New Horizons

ConocoPhillips reported EBITDA of $9.32 billion, 8% above S&P's $8.63 billion consensus. During the quarter, it bought into several Middle East projects in Iraq and Syria. CEO Ryan Lance announced his retirement, with CFO Andy O'Brien stepping into the role.

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