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ConocoPhillips' outlook weighed down by coronavirus, disruptions in Malaysia, Libya

The logo for ConocoPhillips is displayed on a screen on the floor at the NYSE in New York
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(Reuters) - ConocoPhillips issued a muted annual outlook on Tuesday, expecting a hit from weaker oil demand growth due to the coronavirus outbreak and disruptions at its operations in Malaysia and Libya. Shares of the company, which also reported lower-than-expected fourth-quarter profit, fell as much as 3.6% and were at the bottom of the S&P Energy Index . On a post-earnings call with analysts,..
Date Published: Feb 04, 2020
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