ConocoPhillips sees nearly six-fold increase in quarterly profits on high oil prices

The US’ biggest independent reported a six-fold increase from earnings in the corresponding quarter

Impressive totals: ConocoPhillips reported first-quarter earnings of $5.8 billion and increased its return to shareholders for 2022 to $10 billion
Impressive totals: ConocoPhillips reported first-quarter earnings of $5.8 billion and increased its return to shareholders for 2022 to $10 billionPhoto: CORPORATEEVENTIMAGES/UPSTREAM
Published 5 May 2022, 16:50Updated 10 May 2022, 09:14