![ConocoPhillips' profit doubles in the first quarter](https://cdn.energydais.com/media/images/news/475_6VJBgd5.jpeg)
Fetching News Details
The energy major, ConocoPhillips has reported an increase in profits with net income surging to more than $1.8 billion. Its revenue increased to more than $10 billion in the first quarter of this fiscal year. Chief Executive Ryan Lance commented, "We continue to execute and deliver on a plan that’s resilient to lower prices while offering investors upside to higher prices.”