(Reuters) – U.S. oil and gas producer ConocoPhillips missed Wall Street estimates for first-quarter profit on Thursday, as demand concerns led to a sharp fall in natural gas prices.
The Houston, Texas-based company posted adjusted earnings of $2.03 per share for the quarter ended March 31, compared with analysts’ average estimate of $2.04 per share, according to LSEG data.
(Reporting by Sourasis Bose in Bengaluru; Editing by Shinjini Ganguli)
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