May 2 ConocoPhillips reported a quarterly profit on Tuesday, compared with a year-earlier loss, helped by a gain on its sale of oil sands and western Canadian natural gas assets to Cenovus Energy Inc.
The company's net profit was $800 million, or 62 cents per share, in the first quarter ended March 31, compared with a net loss of $1.5 billion, or $1.18 per share, a year earlier.
ConocoPhillips' production, excluding Libya, rose 6 million barrels of oil equivalent per day (boepd) to 1,584 million boepd. (Reporting by Swetha Gopinath in Bengaluru; Editing by Savio D'Souza)
UPDATE 2-Alibaba spending $1 bln to raise stake in Southeast Asia's Lazada
* The deal values Lazada at $3.15 bln (Adds Lazada CEO interview)
BRIEF-Interpace Diagnostics announces national contract with Aetna
* Interpace Diagnostics announces national contract with Aetna