UPDATE 3-ConocoPhillips' profit beats estimates, but budget cut 10 pct
October 26, 2017 at 13:47 PM EDT
HOUSTON, Oct 26 (Reuters) - ConocoPhillips, the largest U.S. independent oil producer, reported a better-than-expected quarterly profit on Thursday, helped by rising crude prices, although it slashed its capital budget by 10 percent to further cut costs.