(Reuters) – U.S. shale producer ConocoPhillips reported a fall in second-quarter profit on Thursday, as oil and gas prices dropped from last year’s peaks.
The Houston-based company reported earnings of $2.2 billion, or $1.84 per share, for the three months ended June 30, compared with $5.1 billion, or $3.96 per share, a year earlier.
(Reporting by Mrinalika Roy in Bengaluru; Editing by Shinjini Ganguli)