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Article: ConocoPhillips Third-Quarter 2009 Interim Update.
- Article from:
- Energy & Ecology Business
- Article date:
- October 23, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This update is intended to give an overview of market and operating conditions experienced by ConocoPhillips (NYSE:COP) during the third quarter of 2009. The market indicators and company estimates may differ considerably from the company's actual results scheduled to be reported on October 28, 2009. Exploration and Production The table below provides market price indicators for crude oil and natural gas. The company's actual crude oil and natural gas price realizations are likely to vary from these market indicators due to quality and location differentials, as well as the effect of pricing lags.
Market Indicators
3Q 2009 3Q 2008 3Q 2009 vs.3Q 2008 ...