SOURCE: Industrial Info Resources

Industrial Info Resources

April 30, 2010 05:20 ET

ConocoPhillips Shows Boost in First-Quarter 2010 After Prices Rise, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 30, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Oil and gas giant ConocoPhillips  (NYSE:COP) (Houston, Texas) reported significant overall improvements for the first quarter of 2010, with higher crude oil and natural gas liquids prices boosting earnings in the company's Exploration and Production segment. Net income for the quarter was $2.1 billion, compared with only $800 million in the same period last year. Industrial Info is tracking more than $22 billion in active ConocoPhillips projects worldwide.

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