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CONOCOPHILLIPS CANADA PRESIDENT KEN LUEERS SAYS A TEAM IS AT SURMONT OIL SANDS SITE, WHICH HAS POWER

CONOCOPHILLIPS CANADA PRESIDENT KEN LUEERS SAYS A TEAM IS AT SURMONT OIL SANDS SITE, WHICH HAS POWER.

Source: Reuters

CONOCOPHILLIPS CANADA PRESIDENT SAYS NO TIMELINE ON SURMONT RESTART

CONOCOPHILLIPS CANADA PRESIDENT SAYS NO TIMELINE ON SURMONT RESTART.

Source: Reuters

REFILE-ConocoPhillips says shut its Surmont operations, evacuated site

May 5- ConocoPhillips says it has shut its Surmont operations and evacuated people sheltering, workers from site-Canadian website.

Source: Reuters

CONOCOPHILLIPS SAYS IT HAS SHUT ITS SURMOUNT OPERATIONS AND EVACUATED PEOPLE SHELTERING, WORKERS FROM SITE-WEBSITE

CONOCOPHILLIPS SAYS IT HAS SHUT ITS SURMOUNT OPERATIONS AND EVACUATED PEOPLE SHELTERING, WORKERS FROM SITE-WEBSITE.

Source: Reuters

Markets Right Now: Stocks end lower on Wall Street

Stocks are closing lower on Wall Street following signs of weakness in the U.S. job market and some disappointing corporate earnings. ConocoPhillips sank 4 percent and Schlumberger fell 2 percent. In earnings news, Priceline plunged 8 percent after releasing disappointing forecasts for the current quarter.

Source: The Associated Press

Pisani: Social media is key today

CNBC's Bob Pisani looks at how the markets are faring during the day after earnings from Facebook and looking ahead to LinkedIn's.

Source: CNBC.com

UPDATE 2-ConocoPhillips swings to loss and slashes budget, again

Oil prices touched a low of $27.10 per barrel during the first quarter before recovering to close at $39.60 at end of March. Conoco reported a first-quarter net loss of $1.5 billion, or $1.18 per share, compared with a profit of $272 million, or 22 cents per share, a year earlier. The Houston- based company cut its forecast for capital spending in 2016 to $5.7 billion...

Source: Reuters

UPDATE 1-ConocoPhillips posts quarterly loss, cuts 2016 budget again

The company cut its 2016 capital expenditure forecast to $5.7 billion from $6.4 billion, driven by reduced deepwater exploration activity. Oil prices touched a low of $27.10 per barrel, before recovering to close at $39.60 at end of March. First-quarter net loss was $1.5 billion, or $1.18 per share, compared with a profit of $272 million, or 22 cents per share, a year...

Source: Reuters

ConocoPhillips posts quarterly loss, cuts 2016 budget again

April 28- ConocoPhillips, the largest U.S. independent oil company, reported a quarterly loss, compared with a year-earlier profit, and further lowered its 2016 budget as the slump in crude prices sapped profitability. The company's net loss was $1.5 billion, or $1.18 per share, in the first quarter, compared with a profit of $272 million, or 22 cents per share, a year...

Source: Reuters

Energy earnings on deck

The FMHR traders discuss the energy sector ahead of announcements from some big names set to report earnings.

Source: CNBC.com