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COP Casino Guichard Perrachon

3.5305
-0.1095 (-3.01%)
16 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Casino Guichard Perrachon AQEU:COP Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.1095 -3.01% 3.5305 3.4985 3.568 3.5775 3.44 3.5775 1,865 16:28:29

Conoco:2Q Global Refinery Utilization Rate To Be In Upper 80% Range

23/04/2009 5:25pm

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ConocoPhillips' (COP) global refinery utilization rate will be in the upper 80% range during the second quarter, chief operating officer John Carrig said Thursday.

The company' U.S. refineries will see a utilization rate "in the mid-90s," Carrig said during a conference call with analysts. But turn-arounds and lower utilization in international refineries will bring down the global rate, he said.

During the first quarter, the utilization rate of U.S. refineries ranged around 80% due to maintenance in Gulf Coast and East Coast refineries. Global refining utilization stood at 81%, 12% lower than the previous quarter, Carrig said.

Profits at the company's refining and marketing segments fell 61% from a year earlier, primarily due to a 70% plunge in marketing margins.

- By Angel Gonzalez, Dow Jones Newswires;713-547-9214;angel.gonzalez2dowjones.com

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