- ConocoPhillips reported revenues of $47.9 billion for Q1 2006, up 23% from $38.9 billion in Q1 2005, with net income of $3.29 billion, up 13% from $2.91 billion.
- Oil and gas production increased from Q1 2005, with oil production up 777 thousand barrels per day, and gas production up 3.55 billion cubic feet per day.
- Refining and marketing sales volumes also increased compared to Q1 2005, with US refinery crude oil runs up 1.84 million barrels per day from 1.96 million.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
conoco phillips 2006First Quarter
1. ConocoPhillips
Houston, Texas 77079
Preliminary
FINANCIAL HIGHLIGHTS
Millions of Dollars
Three Months Ended
March 31
2006 2005
Revenues and other income
Sales and other operating revenues* $ 46,906 37,631
Equity in earnings of affiliates 960 1,053
Other income 61 234
47,927 38,918
Costs and expenses
Purchased crude oil, natural gas and products 33,455 25,572
Production and operating expenses 2,215 1,952
Selling, general and administrative expenses 566 539
Exploration expenses 112 171
Depreciation, depletion and amortization 1,180 1,041
Property impairments - 22
Taxes other than income taxes* 4,387 4,488
Accretion on discounted liabilities 60 48
Interest and debt expense 115 138
Foreign currency transaction losses (gains) 22 (3)
Minority interests 18 10
42,130 33,978
Income from continuing operations before income taxes 5,797 4,940
2,506 2,017
Provision for income taxes
3,291 2,923
Income from continuing operations
- (11)
Loss from discontinued operations
$ 3,291 2,912
Net income
Income (loss) per share of common stock (dollars)**
Basic
Continuing operations $ 2.38 2.09
Discontinued operations - (0.01)
Net income $ 2.38 2.08
Diluted
Continuing operations $ 2.34 2.06
Discontinued operations - (0.01)
Net income $ 2.34 2.05
Average common shares outstanding (in thousands)**
Basic 1,382,925 1,397,893
Diluted 1,404,704 1,420,372
*Includes excise taxes on petroleum products sales: $3,990 4,155
**Per-share amounts and average number of shares outstanding in the 2005 quarter reflect a two-for-one stock split effected as a
100 percent stock dividend on June 1, 2005.
1-1
2. ConocoPhillips
Houston, Texas 77079
Preliminary
SELECTED FINANCIAL DATA
Millions of Dollars
Three Months Ended
March 31
2006 2005
INCOME (LOSS) FROM CONTINUING OPERATIONS
E&P
United States $ 1,181 892
International 1,372 895
Total E&P 2,553 1,787
Midstream 110 385
R&M
United States 297 570
International 93 130
Total R&M 390 700
LUKOIL Investment 249 110
Chemicals 149 133
Emerging Businesses 8 (8)
Corporate and other (168) (184)
Consolidated $ 3,291 2,923
INCOME (LOSS) FROM DISCONTINUED OPERATIONS
Corporate and other - (11)
SUMMARY OF NET INCOME (LOSS)
E&P
United States $ 1,181 892
International 1,372 895
Total E&P 2,553 1,787
Midstream 110 385
R&M
United States 297 570
International 93 130
Total R&M 390 700
LUKOIL Investment 249 110
Chemicals 149 133
Emerging Businesses 8 (8)
Corporate and other (168) (195)
Net Income $ 3,291 2,912
1-2
3. ConocoPhillips
Houston, Texas 77079
Preliminary
SELECTED FINANCIAL DATA
Three Months Ended
March 31
2006 2005
INCOME FROM CONTINUING OPERATIONS
Effective tax rate % 43.2 % 40.8
Millions of Dollars
FOREIGN CURRENCY GAINS (LOSSES) AFTER-TAX
E&P $ 7 12
Midstream - -
R&M 6 (18)
LUKOIL Investment - -
Chemicals - -
Emerging Businesses - -
Corporate and other (8) 7
$ 5 1
CASH FLOWS FROM OPERATING ACTIVITIES
Income from continuing operations $ 3,291 2,923
Depreciation, depletion and amortization 1,180 1,041
Property impairments - 22
Dry hole costs and leasehold impairment 38 109
Accretion on discounted liabilities 60 48
Deferred income taxes 168 123
Undistributed equity earnings (67) (805)
Net gain on asset dispositions (3) (177)
Other (203) (78)
Working capital changes 336 888
Net cash provided by continuing operations 4,800 4,094
Net cash provided by discontinued operations - (5)
Net cash provided by operating activities $ 4,800 4,089
CAPITAL EXPENDITURES AND INVESTMENTS
E&P
United States $ 419 322
International 1,787 884
2,206 1,206
Midstream 1 1
R&M 1,635 275
LUKOIL Investment 612 324
Chemicals - -
Emerging Businesses 12 (4)
Corporate and other 48 20
$ 4,514 1,822
OTHER
At March 31, 2006 At December 31, 2005
Total debt $32,193 12,516
Common stockholders' equity $72,193 52,731
1-3
4. ConocoPhillips
Houston, Texas 77079
Preliminary
OPERATING HIGHLIGHTS
BY SEGMENT
Three Months Ended
March 31
2006 2005
Thousands of Barrels Daily
E&P
Crude oil produced
United States
Alaska 283 309
Lower 48 64 62
347 371
Norway 188 207
United Kingdom 62 61
Canada 22 23
China 25 22
Indonesia 14 21
Vietnam 31 27
Timor Sea 39 36
Other 49 54
Total consolidated 777 822
Equity affiliates 126 120
Total Worldwide 903 942
Syncrude 16 14
Natural gas liquids produced
United States
Alaska* 22 24
Lower 48 29 27
51 51
Norway 11 10
Canada 9 10
Timor Sea 20 17
Other 6 6
Total Worldwide 97 94
14 13
*Includes reinjected volumes sold lease-to-lease.
Millions of Cubic Feet Daily
Natural gas produced*
United States
Alaska 163 185
Lower 48 1,264 1,169
1,427 1,354
Norway 269 298
United Kingdom 851 824
Canada 424 417
Timor Sea 144 35
Indonesia 294 273
Vietnam 24 18
Other 121 76
Total consolidated 3,554 3,295
Equity affiliates 11 5
Total Worldwide 3,565 3,300
*Represents quantities available for sale. Excludes gas equivalent of NGL shown above.
Liquefied natural gas sales 264 132
LUKOIL Investment
Production (MBOE/D)* 322 201
Refinery crude oil throughput (MB/D)* 163 92
*Represents our estimated net share of LUKOIL
1-4
5. ConocoPhillips
Houston, Texas 77079
Preliminary
OPERATING HIGHLIGHTS
Three Months Ended
March 31
2006 2005
E&P
Per Unit
Average sales prices
Crude oil (per barrel)
United States
Alaska $ 58.87 44.15
Lower 48 52.21 41.29
Total U.S. 57.70 43.69
International 60.08 45.93
Total consolidated 58.97 44.89
Equity affiliates * 43.38 30.38
Total Worldwide 56.63 43.15
Natural gas-lease (per MCF)
United States
Alaska 3.58 2.96
Lower 48 7.50 5.66
Total U.S. 7.42 5.57
International 7.16 5.03
Total consolidated 7.26 5.24
Equity affiliates * 0.23 0.25
Total Worldwide 7.24 5.24
*Excludes our equity share of LUKOIL reported in the LUKOIL Investment segment
Midstream
Thousands of Barrels Daily
Natural gas liquids extracted
Consolidated
United States 23 23
International - 53
Equity affiliates
United States** 178 110
International 6 6
207 192
**Represents 30.3 percent interest in Duke Energy Field Services LLC (DEFS), through June 30, 2005, and 50 percent interest beginning
in July 2005.
Per Barrel
U.S. product prices
Weighted average NGL**
Consolidated $ 37.64 31.95
DEFS 37.29 30.61
**Prices are based on index prices from the Mont Belvieu and Conway market hubs that are weighted by naural-gas-liquids component
and location mix.
1-5
6. ConocoPhillips
Houston, Texas 77079
Preliminary
OPERATING HIGHLIGHTS
Three Months Ended
March 31
2006 2005
Thousands of Barrels Daily
R&M
United States
Crude oil capacity 2,208 2,173
Crude oil runs 1,840 1,957
Refinery production 1,988 2,147
International*
Crude oil capacity 523 428
Crude oil runs 490 428
Refinery production 500 443
U.S. Petroleum products outside sales
Gasoline 1,258 1,302
Distillates 626 642
Aviation fuels 187 198
Other products 517 461
2,588 2,603
International 549 495
3,137 3,098
Per Gallon
U.S. Average sales prices**
Automotive gasoline-wholesale $ 1.79 1.44
Automotive gasoline-retail 1.90 1.55
Distillates-wholesale 1.89 1.48
*Includes ConocoPhillips' share of equity affiliates.
**Excludes excise taxes.
1-6