India, Aug. 6 -- Energy major ConocoPhillips reported Thursday higher profit and revenues in its second quarter, primarily due to higher prices, despite weak production. Further, the firm issued third-quarter production view, and backed fiscal 2026 outlook.
Separately, the Houston-based oil and gas producer announced the appointment of current Chief Financial Officer Andy O'Brien as its next President and Chief Executive Officer, succeeding longtime CEO Ryan Lance.
Further, Konnie Haynes-Welsh, currently Vice President of finance and controller, was named Senior Vice President and CFO. Both appointements are with effect from September 1.
In the early morning trading on the NYSE, the shares were gaining around 0.91 percent, trading at $11...