ConocoPhillips cuts dividend

ConocoPhillips has cut its quarterly dividend in response to both the weak outlook for commodity prices and expected credit tightening across the industry, as the giant saw its full year earnings plummet.

More cuts: ConocoPhillips posts $4.4 billion loss for the year
More cuts: ConocoPhillips posts $4.4 billion loss for the year
Published 4 February 2016, 12:50Updated 18 October 2016, 05:11
Americas