(Reuters) – ConocoPhillips reported a jump in third-quarter profit on Thursday, extending a string of bumper earnings from global oil producers benefiting from higher energy prices and robust demand, and also raised its quarterly dividend by 11%.
The Houston, Texas-based company’s net income stood rose to $4.5 billion, or $3.55 per share, for the three months ended Sept. 30, from $2.4 billion, or $1.78 per share, a year earlier.
(Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj Kalluvila and Arun Koyyur)
