Conocophillips reports q2 loss per share $0.92 excluding items

Reports second-quarter 2020 results.q2 earnings per share $0.24.q2 loss per share $0.92 excluding items.special items for current quarter were primarily due to a realized gain on completion of australia-west divestiture.special items for current quarter were primarily due to an unrealized gain on cenovus energy equity.will continue to suspend forward-looking guidance and sensitivities.ended quarter with cash, cash equivalents and restricted cash totaling $3.2 billion and short-term investments of $4.0 billion.produced 981 mboed excluding libya during q2; curtailed approximately 225 mboed.began bringing some curtailed volumes in lower 48 back on line in july and expect to be fully restored in september.at surmont, company began restoring production in july though ramp up will be slower due to planned turnarounds in q3.qtrly total average realized price was $23.09 per barrel of oil equivalent, 54 percent lower than q2 of 2019.q2 earnings per share view $-0.58 -- refinitiv ibes data.
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