ConocoPhillips (COP) 8-K ConocoPhillips Reports First-Quarter Net Income of $4.1 Billion Or $2.62 Per Share

Exhibit 99.3

SUMMARY OF INCOME (LOSS) BY SEGMENT
	Millions of Dollars
					2007									2008
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
Net Income (Loss)
U.S. E&P	916		1,055		1,225		1,052		4,248		1,349					1,349
International E&P	1,413		(3,459	)	857		1,556		367		1,538					1,538
Total E&P	2,329		(2,404	)	2,082		2,608		4,615		2,887					2,887
Midstream	85		102		104		162		453		137					137
U.S. R&M	896		1,879		873		967		4,615		435					435
International R&M	240		479		434		155		1,308		85					85
Total R&M	1,136		2,358		1,307		1,122		5,923		520					520
LUKOIL Investment	256		526		387		649		1,818		710					710
Chemicals	82		68		110		99		359		52					52
Emerging Businesses	(1	)	(12	)	3		2		(8	)	12					12
Corporate and Other	(341	)	(337	)	(320	)	(271	)	(1,269	)	(179	)				(179	)
Consolidated	3,546		301		3,673		4,371		11,891		4,139					4,139
Income Before Income Taxes
U.S. E&P	1,425		1,627		1,867		1,560		6,479		2,094					2,094
International E&P	2,894		(1,976	)	2,357		3,464		6,739		3,822					3,822
Total E&P	4,319		(349	)	4,224		5,024		13,218		5,916					5,916
Midstream	132		156		157		245		690		206					206
U.S. R&M	1,400		2,891		1,369		1,526		7,186		717					717
International R&M	218		633		403		167		1,421		101					101
Total R&M	1,618		3,524		1,772		1,693		8,607		818					818
LUKOIL Investment	262		542		396		663		1,863		729					729
Chemicals	107		80		140		20		347		54					54
Emerging Businesses	(3	)	(20	)	(17	)	(2	)	(42	)	15					15
Corporate and Other	(369	)	(415	)	(308	)	(319	)	(1,411	)	(189	)				(189	)
Consolidated	6,066		3,518		6,364		7,324		23,272		7,549					7,549
Effective Tax Rates
U.S. E&P	35.7	%	35.2	%	34.4	%	32.6	%	34.4	%	35.6	%				35.6	%
International E&P	51.2	%	-		63.6	%	55.1	%	94.6	%	59.8	%				59.8	%
Total E&P	46.1	%	-588.8	%	50.7	%	48.1	%	65.1	%	51.2	%				51.2	%
Midstream	35.6	%	34.6	%	33.8	%	33.9	%	34.3	%	33.5	%				33.5	%
U.S. R&M	36.0	%	35.0	%	36.2	%	36.6	%	35.8	%	39.3	%				39.3	%
International R&M	-10.1	%	24.3	%	-7.7	%	7.2	%	8.0	%	15.8	%				15.8	%
Total R&M	29.8	%	33.1	%	26.2	%	33.7	%	31.2	%	36.4	%				36.4	%
LUKOIL Investment	2.3	%	3.0	%	2.3	%	2.1	%	2.4	%	2.6	%				2.6	%
Chemicals	23.4	%	15.0	%	21.4	%	-		-3.5	%	3.7	%				3.7	%
Emerging Businesses	66.7	%	40.0	%	-		-		81.0	%	20.0	%				20.0	%
Corporate and Other	7.6	%	18.8	%	-3.9	%	15.0	%	10.1	%	5.3	%				5.3	%
Consolidated	41.5	%	91.4	%	42.3	%	40.3	%	48.9	%	45.2	%				45.2	%
															Page 1 of 11

CERTAIN ITEMS INCLUDED IN NET INCOME (AFTER-TAX)
	Millions of Dollars
					2007									2008
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
U.S. E&P
Gain on asset sales	36		11		-		25		72		4					4
FERC Rulings	-		-		94		-		94		-					-
Impairments	-		-		-		(45	)	(45	)	-					-
Business interruption insurance claims recovery	-		-		-		13		13		-					-
Total	36		11		94		(7	)	134		4					4
International E&P
Gain (loss) on asset sales	407		(82	)	164		147		636		8					8
International tax law changes	38		-		-		171		209		-					-
Impairment - expropriated assets	-		(4,512	)	-		-		(4,512	)	-					-
Impairments	(88	)	(33	)	(32	)	(75	)	(228	)	-					-
Pending claims and settlements	-		-		-		28		28		-					-
Total	357		(4,627	)	132		271		(3,867	)	8					8
Total E&P	393		(4,616	)	226		264		(3,733	)	12					12
Midstream
Total	-		-		-		-		-		-					-
U.S. R&M
Gain on asset sales	-		-		2		14		16		84					84
Impairments	(13	)	-		3		(2	)	(12	)	(3	)				(3	)
Business interruption insurance claims recovery	-		-		-		10		10		-					-
Total	(13	)	-		5		22		14		81					81
International R&M
Gain on asset sales	-		163		158		2		323		32					32
Impairments	148		(5	)	(30	)	11		124		-					-
Germany tax rate change	-		-		141		-		141		-					-
Total	148		158		269		13		588		32					32
Total R&M	135		158		275		35		603		113					113
LUKOIL Investment
Total	-		-		-		-		-		-					-
Chemicals
Asset retirements recorded by CPChem	-		(21	)	-		-		(21	)	-					-
Tax benefit on capital loss	-		-		-		65		65		-					-
Total	-		(21	)	-		65		44		-					-
Emerging Businesses
Total	-		-		-		-		-		-					-
Corporate and Other
Acquisition-related expenses	(13	)	(16	)	(11	)	(4	)	(44	)	-					-
FERC Rulings	-		-		(14	)	-		(14	)	-					-
Premium on early debt retirement	(14	)	-		-		-		(14	)	-					-
Pending claims and settlements	-		-		-		-		-		35					35
Canada tax law change	-		-		-		15		15		-					-
Total	(27	)	(16	)	(25	)	11		(57	)	35					35
Total Company	501		(4,495	)	475		375		(3,143	)	160					160
															Page 2 of 11

CASH FLOW INFORMATION
	Millions of Dollars
					2007									2008
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
Cash Flows from Operating Activities
Net income	3,546		301		3,673		4,371		11,891		4,139					4,139
DD&A and impairments	2,023		2,114		2,240		2,363		8,740		2,215					2,215
Impairment - expropriated assets	-		4,588		-		-		4,588		-					-
Dry hole costs and leasehold impairments	148		133		74		108		463		154					154
Accretion on discounted liabilities	79		81		81		100		341		104					104
Deferred income taxes	77		103		(125	)	(212	)	(157	)	(17	)				(17	)
Undistributed equity earnings	(557	)	(678	)	(237	)	(351	)	(1,823	)	(987	)				(987	)
Net gain on asset dispositions	(499	)	(428	)	(389	)	(32	)	(1,348	)	(181	)				(181	)
Other	(94	)	182		(60	)	77		105		(164	)				(164	)
Net working capital changes	2,150		(1,630	)	734		496		1,750		1,324					1,324
Net Cash Provided by
Operating Activities	6,873		4,766		5,991		6,920		24,550		6,587					6,587
Cash Flows from Investing Activities
Capital expenditures & investments	(2,847	)	(2,500	)	(2,560	)	(3,884	)	(11,791	)	(3,322	)				(3,322	)
Proceeds from asset dispositions	1,343		872		842		515		3,572		370					370
Long-term advances to/collections from
affiliates and other investments	(144	)	(97	)	(118	)	16		(343	)	(60	)				(60	)
Net Cash Used for Investing Activities	(1,648	)	(1,725	)	(1,836	)	(3,353	)	(8,562	)	(3,012	)				(3,012	)
Cash Flows from Financing Activities
Net issuance (repayment) of debt	(3,491	)	(865	)	(961	)	(202	)	(5,519	)	(202	)				(202	)
Issuance of stock	40		141		70		34		285		7					7
Repurchase of stock	(1,000	)	(1,000	)	(2,501	)	(2,500	)	(7,001	)	(2,496	)				(2,496	)
Dividends	(674	)	(668	)	(667	)	(652	)	(2,661	)	(730	)				(730	)
Other	(49	)	(104	)	(136	)	(155	)	(444	)	(196	)				(196	)
Net Cash Used for
Financing Activities	(5,174	)	(2,496	)	(4,195	)	(3,475	)	(15,340	)	(3,617	)				(3,617	)
Effect of Exchange Rate Changes	(8	)	6		8		(15	)	(9	)	9					9
Net Change in Cash
and Cash Equivalents	43		551		(32	)	77		639		(33	)				(33	)
Cash and cash equivalents
at beginning of period	817		860		1,411		1,379		817		1,456					1,456
Cash and Cash Equivalents
at End of Period	860		1,411		1,379		1,456		1,456		1,423					1,423
	Millions of Dollars
					2007									2008
Capital Program	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
E&P
Capital expenditures and investments	2,570		2,148		2,177		3,040		9,935		2,818					2,818
Loans and advances	157		111		122		238		628		67					67
Joint venture acquisition obligation--principal	-		140		142		143		425		145					145
E&P total	2,727		2,399		2,441		3,421		10,988		3,030					3,030
Midstream*	-		2		-		3		5		-					-
R&M
Capital expenditures and investments	205		271		276		634		1,386		363					363
Loans and advances	17		37		-		-		54		-					-
R&M total	222		308		276		634		1,440		363					363
LUKOIL Investment*	-		-		-		-		-		-					-
Chemicals*	-		-		-		-		-		-					-
Emerging Businesses*	31		34		62		130		257		61					61
Corporate and Other*	41		45		45		77		208		80					80
Total Capital Program	3,021		2,788		2,824		4,265		12,898		3,534					3,534
* Capital expenditures and investments only.
															Page 3 of 11

TOTAL E&P
				2007					2008
	1st Qtr	2nd Qtr		3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
E&P Net Income (Loss) ($ Millions)	2,329	(2,404	)	2,082	2,608	4,615	2,887				2,887
Production
Total, Including Equity Affiliates
and Canadian Syncrude (MBOE/D)	2,020	1,910		1,759	1,835	1,880	1,794				1,794
E&P segment plus LUKOIL Investment segment:	2,465	2,383		2,191	2,261	2,324	2,253				2,253
Crude Oil and Condensate (MB/D)
Consolidated	840	760		730	752	770	758				758
Equity affiliates	120	128		44	43	84	45				45
Total	960	888		774	795	854	803				803
Sales of crude oil produced (MB/D)	949	876		803	792	854	773				773
Natural Gas Liquids (MB/D)	150	145		139	187	155	154				154
Natural Gas (MMCF/D)
Consolidated	5,313	5,124		4,916	4,981	5,082	4,900				4,900
Equity affiliates	9	9		-	-	5	-				-
Total	5,322	5,133		4,916	4,981	5,087	4,900				4,900
Canadian Syncrude (MB/D)	23	21		27	23	23	20				20
Industry Prices (Platt's)
Crude Oil ($/bbl)
WTI spot	57.99	64.89		75.48	90.66	72.25	97.94				97.94
Brent dated	57.76	68.76		74.87	88.69	72.52	96.90				96.90
Natural Gas ($/mmbtu)
Henry Hub -- First of Month	6.77	7.55		6.16	6.97	6.86	8.03				8.03
Average Realized Prices
Crude Oil and Condensate ($/bbl)
Consolidated	55.17	64.55		73.01	86.28	69.47	94.71				94.71
Equity affiliates	40.02	47.74		44.60	52.45	45.31	62.78				62.78
Total	53.38	61.97		71.34	84.53	67.11	92.88				92.88
Natural Gas Liquids ($/bbl)	38.56	44.80		48.09	54.82	47.13	60.14				60.14
Natural Gas ($/mcf)
Consolidated	6.36	6.45		5.56	6.66	6.26	8.03				8.03
Equity affiliates	0.29	0.30		-	-	0.30	-				-
Total	6.35	6.44		5.56	6.66	6.26	8.03				8.03
Exploration Charges ($ Millions)
Dry Holes	62	74		23	50	209	94				94
Lease Impairments	86	59		51	58	254	60				60
Total Non-Cash Charges	148	133		74	108	463	154				154
Other (G&G and Lease Rentals)	114	126		144	160	544	155				155
Total Exploration Charges	262	259		218	268	1,007	309				309
Depreciation, Depletion and
Amortization (DD&A) ($ Millions)	1,802	1,790		1,828	1,971	7,391	1,946				1,946
										Page 4 of 11

U.S. E&P
			2007					2008
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
U.S. E&P Net Income ($ Millions)	916	1,055	1,225	1,052	4,248	1,349				1,349
Alaska ($ Millions)	507	535	765	448	2,255	603				603
Lower 48 ($ Millions)	409	520	460	604	1,993	746				746
Production
Total U.S. (MBOE/D)	855	848	821	847	843	783				783
Crude Oil and Condensate (MB/D)
Alaska	276	267	241	257	261	254				254
Lower 48	104	105	103	98	102	97				97
Total	380	372	344	355	363	351				351
Sales of crude oil produced (MB/D)	372	370	380	340	365	344				344
Natural Gas Liquids (MB/D)*
Alaska	22	18	15	19	19	19				19
Lower 48**	68	71	73	106	79	69				69
Total	90	89	88	125	98	88				88
*Includes reinjection volumes sold lease-to-lease:	16	15	11	13	14	13				13
Natural Gas (MMCF/D)
Alaska	122	100	116	102	110	100				100
Lower 48	2,190	2,219	2,219	2,101	2,182	1,963				1,963
Total	2,312	2,319	2,335	2,203	2,292	2,063				2,063
Average Realized Prices
Crude Oil and Condensate ($/bbl)
Alaska
North Slope	48.83	56.31	66.54	81.17	62.91	89.07				89.07
West Coast	55.50	63.26	73.57	87.88	69.75	95.47				95.47
Lower 48	49.32	58.50	67.77	78.98	63.49	90.35				90.35
Total U.S.	53.78	61.91	72.00	85.31	68.00	94.02				94.02
Natural Gas Liquids ($/bbl)
Alaska	55.27	63.52	73.40	88.12	71.85	94.27				94.27
Lower 48***	36.46	43.29	46.37	48.88	44.43	55.33				55.33
Total U.S.	37.86	44.17	47.73	51.23	46.00	58.33				58.33
Natural Gas ($/mcf)
Alaska	4.19	4.04	2.15	4.12	3.68	4.31				4.31
Lower 48	6.21	6.51	5.38	5.88	5.99	7.67				7.67
Total U.S.	6.19	6.49	5.36	5.86	5.98	7.63				7.63
Kenai, Alaska LNG Sales
Volume (MMCF/D)	104	72	88	78	85	63				63
Sales price per MCF	5.83	5.86	6.01	7.28	6.21	6.72				6.72
U.S. Exploration Charges ($ Millions)
Dry Holes	13	36	19	14	82	25				25
Lease Impairments	43	43	43	40	169	42				42
Total Non-Cash Charges	56	79	62	54	251	67				67
Other (G&G and Lease Rentals)	26	40	57	50	173	39				39
Total U.S. Exploration Charges	82	119	119	104	424	106				106
Alaska Only	17	32	31	26	106	11				11
DD&A ($ Millions)
Alaska	168	167	165	167	667	149				149
Lower 48	618	661	667	642	2,588	616				616
Total U.S.	786	828	832	809	3,255	765				765

**	Fourth quarter of 2007 includes 22 MBD related to out-of-period adjustments for the first three quarters in 2007. The amounts attributable to Q1, Q2, and Q3 2007 were 5, 8, and 9 MBD, respectively. Fourth-quarter 2007 NGL production in L48 was 84 MBD excluding the adjustments.
***	Fourth quarter of 2007 includes $6.36/bbl related to out-of-period adjustments for the first three quarters in 2007. The amounts attributable to Q1, Q2, and Q3 2007 were $1.64/bbl, $2.23/bbl, and $2.49/bbl,respectively. Fourth-quarter 2007 NGL realized price in L48 was $55.24/bbl excluding the adjustments.
		Page 5 of 11

INTERNATIONAL E&P
				2007					2008
	1st Qtr	2nd Qtr		3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
International E&P
Net Income (Loss) ($ Millions)	1,413	(3,459	)	857	1,556	367	1,538				1,538
Production
Total, Including Equity Affiliates
and Canadian Syncrude (MBOE/D)	1,165	1,062		938	988	1,037	1,011				1,011
Crude Oil and Condensate (MB/D)
Consolidated
Norway	179	145		166	158	162	153				153
United Kingdom	55	48		37	50	48	48				48
Canada	21	19		17	21	19	23				23
China	38	32		29	25	31	33				33
Indonesia	13	13		11	11	12	16				16
Vietnam	23	22		22	22	22	20				20
Timor Sea	24	26		21	19	22	23				23
Libya	45	47		48	47	47	47				47
Other	62	36		35	44	44	44				44
Equity affiliates
Canada	23	28		29	27	27	29				29
Russia	15	15		15	16	15	16				16
Venezuela	82	85		-	-	42	-				-
Total	580	516		430	440	491	452				452
Sales of crude oil produced (MB/D)	577	506		423	452	489	429				429
Natural Gas Liquids (MB/D)
Norway	8	5		7	12	8	13				13
United Kingdom	6	6		4	8	6	10				10
Canada	31	28		26	25	27	26				26
Timor Sea	12	14		11	12	12	15				15
Other	3	3		3	5	4	2				2
Total	60	56		51	62	57	66				66
Natural Gas (MMCF/D)
Consolidated
Norway	247	202		226	270	236	273				273
United Kingdom	785	668		519	723	673	695				695
Canada	1,152	1,133		1,069	1,073	1,106	1,101				1,101
China	11	12		13	8	11	10				10
Timor Sea	243	250		194	207	223	246				246
Indonesia	331	329		349	310	330	314				314
Vietnam	15	12		19	14	15	16				16
Libya	5	9		9	9	8	9				9
Other	212	190		183	164	188	173				173
Equity affiliates
Canada	-	-		-	-	-	-				-
Russia	-	-		-	-	-	-				-
Venezuela	9	9		-	-	5	-				-
Total	3,010	2,814		2,581	2,778	2,795	2,837				2,837
Canadian Syncrude (MB/D)	23	21		27	23	23	20				20
Darwin, Australia LNG Sales (MMCF/D)	388	449		347	348	383	417				417
										Page 6 of 11

INTERNATIONAL E&P (continued)
			2007					2008
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Average Realized Prices
Crude Oil and Condensate ($/bbl)
Consolidated
Norway	57.36	67.50	75.54	88.75	72.04	97.27				97.27
United Kingdom	55.52	66.99	72.98	86.26	71.01	93.96				93.96
Canada	48.70	58.42	67.75	73.08	61.77	84.49				84.49
China	54.93	66.39	71.79	85.51	67.69	93.69				93.69
Indonesia	54.66	65.46	72.46	89.26	69.99	92.48				92.48
Vietnam	57.88	67.03	75.14	89.64	72.54	98.31				98.31
Timor Sea	59.15	73.51	71.20	83.95	71.50	93.85				93.85
Libya	56.19	67.39	73.88	88.11	72.02	95.21				95.21
Other	55.73	67.71	74.48	87.54	69.76	97.56				97.56
Equity affiliates
Canada	32.46	32.46	38.48	46.90	37.94	57.95				57.95
Russia	37.92	50.25	55.84	63.05	52.29	70.41				70.41
Venezuela	42.54	51.54	-	-	47.46	-				-
Total	53.12	62.02	70.75	83.94	66.44	91.96				91.96
Natural Gas Liquids ($/bbl)
Norway	38.82	45.72	46.77	56.25	48.36	54.48				54.48
United Kingdom	34.93	39.34	36.91	52.79	41.78	55.88				55.88
Canada	41.15	46.82	51.77	66.27	50.85	68.84				68.84
Timor Sea	44.13	49.43	48.71	72.60	52.63	69.79				69.79
Other	8.32	29.42	34.00	42.30	31.17	13.83				13.83
Total	39.38	45.64	48.63	61.56	48.80	62.20				62.20
Natural Gas ($/mcf)
Consolidated
Norway	7.00	7.10	7.51	9.08	7.74	10.27				10.27
United Kingdom	8.14	7.23	6.69	9.19	7.92	9.20				9.20
Canada	6.38	6.60	5.13	6.20	6.09	7.81				7.81
China	2.64	2.74	2.78	3.37	2.85	3.60				3.60
Timor Sea	0.76	0.68	0.66	0.74	0.71	0.79				0.79
Indonesia	6.04	6.99	7.78	8.51	7.31	10.33				10.33
Vietnam	1.10	1.09	1.12	1.13	1.11	1.14				1.14
Libya	0.07	0.09	0.09	0.09	0.09	0.09				0.09
Other	2.71	2.53	2.41	3.43	2.75	3.79				3.79
Equity affiliates
Canada	-	-	-	-	-	-				-
Russia	-	-	-	-	-	-				-
Venezuela	0.29	0.30	-	-	0.30	-				-
Total	6.47	6.40	5.75	7.31	6.50	8.32				8.32
International Exploration Charges ($ Millions)
Dry Holes	49	38	4	36	127	69				69
Lease Impairments	43	16	8	18	85	18				18
Total Non-Cash Charges	92	54	12	54	212	87				87
Other (G&G and Lease Rentals)	88	86	87	110	371	116				116
Total International Exploration Charges	180	140	99	164	583	203				203
DD&A ($ Millions)	1,016	962	996	1,162	4,136	1,181				1,181
									Page 7 of 11

R&M
					2007									2008
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
R&M Net Income ($ Millions)	1,136		2,358		1,307		1,122		5,923		520					520
United States ($ Millions)	896		1,879		873		967		4,615		435					435
International ($ Millions)	240		479		434		155		1,308		85					85
Market Indicators
U.S. East Coast Crack Spread ($/bbl)	11.81		22.57		11.73		8.47		13.64		7.79					7.79
U.S. Gulf Coast Crack Spread ($/bbl)	10.06		24.28		11.74		6.55		13.16		7.90					7.90
U.S. Group Central Crack Spread ($/bbl)	14.84		31.26		20.92		9.37		19.10		10.26					10.26
U.S. West Coast Crack Spread ($/bbl)	28.68		34.32		16.22		16.58		23.95		15.37					15.37
U.S. Weighted 3:2:1 Crack Spread ($/bbl)	15.30		27.56		14.74		9.65		16.81		9.94					9.94
NW Europe Crack Spread ($/bbl)	12.06		15.56		13.37		15.55		14.14		16.09					16.09
Singapore 3:1:2 Crack Spread ($/bbl)	14.06		17.94		14.80		17.13		15.98		19.90					19.90
U.S. Wholesale Gasoline Mktg Mrgn ($/bbl)	1.15		2.09		0.65		(0.43	)	0.87		1.07					1.07
Realized Margins
Refining Margin ($/bbl)
U.S.	11.87		19.59		10.86		11.56		13.41		8.00					8.00
International	5.06		9.68		6.05		6.72		6.92		6.42					6.42
Marketing Margin ($/bbl)*
U.S.	1.31		2.36		2.20		1.43		1.83		1.18					1.18
International	7.08		7.68		9.49		7.69		7.92		7.74					7.74
DD&A ($ Millions)	191		196		194		203		784		208					208
Turnaround Expense ($ Millions)	75		58		27		80		240		90					90
Eastern U.S.
Crude Oil Charge Input (MB/D)	411		404		383		412		402		340					340
Total Charge Input (MB/D)	460		447		414		453		443		400					400
Crude Oil Capacity Utilization (%)	97	%	96	%	91	%	97	%	95	%	80	%				80	%
Clean Product Yield (%)	89	%	86	%	86	%	90	%	88	%	89	%				89	%
U.S. Gulf Coast
Crude Oil Charge Input (MB/D)	744		709		736		712		726		659					659
Total Charge Input (MB/D)	823		790		829		794		810		732					732
Crude Oil Capacity Utilization (%)	102	%	97	%	100	%	97	%	99	%	90	%				90	%
Clean Product Yield (%)	81	%	81	%	80	%	82	%	81	%	81	%				81	%
Western U.S.
Crude Oil Charge Input (MB/D)	333		388		415		395		383		405					405
Total Charge Input (MB/D)	375		420		445		433		418		425					425
Crude Oil Capacity Utilization (%)	81	%	94	%	100	%	95	%	92	%	97	%				97	%
Clean Product Yield (%)	79	%	79	%	80	%	80	%	80	%	80	%				80	%
Central U.S. - Consolidated
Crude Oil Charge Input (MB/D)	185		170		166		175		174		177					177
Total Charge Input (MB/D)	188		175		170		179		178		179					179
Crude Oil Capacity Utilization (%)	99	%	91	%	89	%	94	%	93	%	95	%				95	%
Clean Product Yield (%)	88	%	93	%	88	%	92	%	90	%	88	%				88	%
Central U.S. - Equity Affiliates - Net Share**
Crude Oil Charge Input (MB/D)	265		225		280		267		259		225					225
Total Charge Input (MB/D)	288		250		301		288		282		241					241
Crude Oil Capacity Utilization (%)	96	%	81	%	101	%	96	%	94	%	91	%				91	%
Clean Product Yield (%)	82	%	85	%	83	%	84	%	84	%	84	%				84	%
TOTAL UNITED STATES
Crude Oil Charge Input (MB/D)	1,938		1,896		1,980		1,961		1,944		1,806					1,806
Total Charge Input (MB/D)	2,134		2,082		2,159		2,147		2,131		1,977					1,977
Crude Oil Capacity Utilization (%)	95	%	93	%	97	%	96	%	96	%	90	%				90	%
Clean Product Yield (%)	83	%	83	%	82	%	84	%	83	%	83	%				83	%
Refined Products Production (MB/D)
Gasoline	962		957		959		978		964		892					892
Distillates	762		736		779		795		768		719					719
Other	428		394		439		392		414		380					380
Total	2,152		2,087		2,177		2,165		2,146		1,991					1,991
Petroleum Products Sales (MB/D)
Gasoline	1,258		1,300		1,212		1,207		1,244		1,070					1,070
Distillates	862		827		869		929		872		869					869
Other	480		503		439		309		432		384					384
Total	2,600		2,630		2,520		2,445		2,548		2,323					2,323

*	Represents marketing sales price less product costs for all distribution channels other than commercial product supply.
**	Represents a 50 percent interest in the Wood River refinery. Represents an 85 percent interest in the Borger refinery in 2007. Our ownership interest in the Borger refinery was reduced to 65 percent effective January 1, 2008. These refineries were contributed to a business venture with EnCana, effective January 1, 2007.
		Page 8 of 11

R&M (continued)
					2007									2008
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
International - Consolidated*
Crude Oil Charge Input (MB/D)	503		505		434		493		484		455					455
Total Charge Input (MB/D)	532		528		455		517		508		463					463
Crude Oil Capacity Utilization (%)	91	%	92	%	79	%	89	%	88	%	82	%				82	%
Clean Product Yield (%)	68	%	67	%	71	%	65	%	68	%	65	%				65	%
International - Equity Affiliates - Net Share**
Crude Oil Charge Input (MB/D)	120		145		140		124		132		123					123
Total Charge Input (MB/D)	121		146		142		125		134		124					124
Crude Oil Capacity Utilization (%)	83	%	101	%	104	%	106	%	98	%	104	%				104	%
Clean Product Yield (%)	77	%	79	%	81	%	84	%	80	%	86	%				86	%
TOTAL INTERNATIONAL
Crude Oil Charge Input (MB/D)	623		650		574		617		616		578					578
Total Charge Input (MB/D)	653		674		597		642		642		587					587
Crude Oil Capacity Utilization (%)	90	%	93	%	84	%	92	%	90	%	86	%				86	%
Clean Product Yield (%)	70	%	69	%	74	%	69	%	70	%	70	%				70	%
Refined Products Production (MB/D)
Gasoline	160		159		160		160		160		129					129
Distillates	289		302		273		277		285		274					274
Other	195		203		160		196		188		171					171
Total	644		664		593		633		633		574					574
Petroleum Products Sales (MB/D)
Gasoline	176		186		161		173		174		139					139
Distillates	381		379		328		366		363		321					321
Other	156		174		140		171		160		156					156
Total	713		739		629		710		697		616					616
Worldwide - Including Net Share of Equity Affiliates
Crude Oil Charge Input (MB/D)	2,561		2,546		2,554		2,578		2,560		2,384					2,384
Total Charge Input (MB/D)	2,787		2,756		2,756		2,789		2,773		2,564					2,564
Crude Oil Capacity Utilization (%)	94	%	93	%	94	%	95	%	94	%	89	%				89	%
Clean Product Yield (%)	80	%	80	%	80	%	81	%	80	%	80	%				80	%
Refined Products Production (MB/D)
Gasoline	1,122		1,116		1,119		1,138		1,124		1,021					1,021
Distillates	1,051		1,038		1,052		1,072		1,053		993					993
Other	623		597		599		588		602		551					551
Total	2,796		2,751		2,770		2,798		2,779		2,565					2,565
Petroleum Products Sales (MB/D)
Gasoline	1,434		1,486		1,373		1,380		1,418		1,209					1,209
Distillates	1,243		1,206		1,197		1,295		1,235		1,190					1,190
Other	636		677		579		480		592		540					540
Total	3,313		3,369		3,149		3,155		3,245		2,939					2,939

*	Represents our Humber refinery in the United Kingdom, the Whitegate refinery in Ireland, and our Wilhelmshaven refinery in Germany.
**	Represents 18.75 percent interest in a refinery complex in Karlsruhe, Germany, and 47 percent interest in a refinery in Melaka, Malaysia. Through August 31, 2007, represents a 16.33 percent interest in two refineries in Kralupy and Litvinov, Czech Republic. We sold our interest in the two Czech refineries effective September 1, 2007.
		Page 9 of 11

LUKOIL INVESTMENT
			2007					2008
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
LUKOIL Investment
Net Income ($ Millions)	256	526	387	649	1,818	710				710
Upstream
Production*
Net crude oil production (MB/D)	393	427	390	395	401	392				392
Net natural gas production (MMCF/D)	309	278	249	188	256	404				404
BOE Total (MBOE/D)	445	473	432	426	444	459				459
* Represents our estimated net share of LUKOIL's production.
Industry Prices
Crude Oil ($/bbl)
Urals crude (CIF Mediterranean)	53.96	65.30	72.21	85.90	69.49	93.01				93.01
Downstream
Refinery Throughput*
Crude Processed (MB/D)	219	184	226	227	214	222				222
* Represents our estimated net share of LUKOIL's crude processed.
MIDSTREAM
			2007					2008
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Midstream Net Income ($ Millions)	85	102	104	162	453	137				137
U.S. Equity Affiliate ($ Millions)*	50	76	90	120	336	118				118
Natural Gas Liquids Extracted (MB/D)
Consolidated
United States	15	23	26	24	22	-				-
International	-	-	-	-	-	-				-
Equity Affiliates
United States*	174	181	182	189	181	190				190
International	8	7	8	8	8	8				8
Total	197	211	216	221	211	198				198
* Represents 50 percent interest in DCP Midstream.
Natural Gas Liquids Fractionated (MB/D)
United States*	161	163	155	160	160	141				141
International	13	13	13	13	13	13				13
Total	174	176	168	173	173	154				154
* Excludes DCP Midstream.
Product Prices
Weighted Average NGL ($/bbl)*
Consolidated	37.73	45.19	48.62	60.19	47.93	60.09				60.09
DCP Midstream	36.55	44.30	47.73	58.60	46.80	56.48				56.48
* Prices are based on index prices from the Mont Belvieu and Conway market hubs that are weighted by natural gas liquids component and location mix.
DD&A ($ Millions)	4	3	4	3	14	2				2
									Page 10 of 11

CHEMICALS
			2007					2008
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Chemicals
Net Income (Loss) ($ Millions)	82	68	110	99	359	52				52
Industry Margins (Cents/Lb)*
Ethylene industry cash margin	11.1	10.8	11.5	9.7	10.8	10.6				10.6
HDPE industry contract sales margin	13.5	14.6	14.8	13.6	14.1	14.9				14.9
Styrene industry contract sales margin	11.1	11.6	11.5	10.7	11.2	11.6				11.6
* Prices, economics and views expressed by CMAI are strictly the opinion of CMAI and Purvin & Gertz and are based on information collected within the public sector and on assessments by CMAI and Purvin & Gertz staff utilizing reasonable care consistent with normal industry practice. CMAI and Purvin & Gertz make no guarantee or warranty and assume no liability as to their use.
EMERGING BUSINESSES
			2007					2008
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Emerging Businesses
Net Income (Loss) ($ Millions)	(1)	(12)	3	2	(8)	12				12
Detail of Net Income (Loss) ($ Millions)
Power	13	(1)	21	20	53	27				27
Other	(14)	(11)	(18)	(18)	(61)	(15)				(15)
Total	(1)	(12)	3	2	(8)	12				12
CORPORATE AND OTHER
			2007					2008
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
Corporate and Other
Net Income (Loss) ($ Millions)	(341)	(337)	(320)	(271)	(1,269)	(179)				(179)
Detail of Net Income (Loss) ($ Millions)
Net interest expense	(244)	(224)	(195)	(157)	(820)	(108)				(108)
Corporate overhead	(23)	(54)	(49)	(50)	(176)	(44)				(44)
Acquisition-related expenses	(13)	(16)	(11)	(4)	(44)	-				-
Other	(61)	(43)	(65)	(60)	(229)	(27)				(27)
Total	(341)	(337)	(320)	(271)	(1,269)	(179)				(179)
Before-Tax Net Interest Expense ($ Millions)
Interest expense	(395)	(411)	(485)	(340)	(1,631)	(319)				(319)
Capitalized interest	135	139	141	150	565	157				157
Interest revenue	31	24	153	38	246	72				72
Premium on early debt retirement	(17)	-	-	-	(17)	(14)				(14)
	(246)	(248)	(191)	(152)	(837)	(104)				(104)
Debt
Total Debt ($ Millions)	23,668	22,812	21,876	21,687	21,687	21,492				21,492
Debt-to-Capital Ratio	22%	21%	20%	19%	19%	19%				19%
									Page 11 of 11