ConocoPhillips nets $1.8B in Q3 with $427M in Alaska; greenlights GMT-2

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ConocoPhillips continued its increasingly strong earnings trend by reporting a third quarter profit of more than $1.8 billion on Thursday.

In Alaska, the state’s largest producer by volume netted $427 million during the quarter, bringing its year-to-date earnings in the state to more than $1.3 billion.

The $1.8 billion profit was on the back of $10.1 billion in revenue, the largest such figures ConocoPhillips has realized in several years, more than quadrupling its net income of $420 million in the third quarter of 2017.

ConocoPhillips nets $1.8B in Q3 with $427M in Alaska; greenlights GMT-2
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