ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices.
Conoco had a first-quarter profit of $2.1 billion, or $1.73 per share, down from $2.9 billion, or $2.27 per share, a year earlier.
Continue Reading Below
Oil and gas output from continuing operations was 1.56 million barrels oil equivalent (boe) per day, down slightly from 1.58 million boe per day a year earlier.
(Reporting by Anna Driver; Editing by John Wallace)