Operator: Good day, and welcome to the California Resources Corporation Third Quarter Earnings Conference Call. [Operator Instructions] Please note today’s event is being recorded.
(Reuters) -U.S. oil producer ConocoPhillips on Thursday beat Wall Street's estimates for third-quarter profit and raised its quarterly dividend 14%, amid higher prices and production. Shares rose more than 5% on the dividend increase, with the company saying it could sustain the higher level through 2024 depending on oil and gas prices. The cash distribution comes during industry consolidation that has created stronger rivals in U.S. shale, where Conoco is a major player with production of 1.8 million barrels of oil equivalent per day (boepd).
Operator: Good morning, and welcome to the Chord Energy’s Third Quarter 2023 Earnings Results Conference Call. All participants will be in listen-only mode.
Operator: Good day, and welcome to the Marathon Oil Third Quarter 2023 Earnings Conference Call. [Operator Instructions]. Please note this event is being recorded.