ConocoPhillips (COP) recently reported better-than-expected first-quarter 2024 earnings. The leading exploration and production company’s earnings per share were $2.03, while revenues came in at $14.5 billion.Good Entry Point for InvestorsAlthough the quarterly earnings beat the Zacks Consensus Estimate, the stock price fell marginally, a movement unrelated to the company's fundamentals. The stock is cheap on a relative basis, and the current affordability of the stock is evident from its trailing 12-month ...

Investors interested in stocks from the Oil and Gas - Integrated - United States sector have probably already heard of ConocoPhillips (COP) and Cactus, Inc. (WHD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Ran ...

ConocoPhillips (COP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this energy company have returned -8.5% over the past month versus the Zacks S&P 500 composite's -1.6% change. The Zacks Oil and Gas - Integrated - United States industry, to which ConocoPhillips belongs, has lost 4.6% over this period. Now the key question is: Where could the stock be headed in the near ter ...

财务数据和关键指标变化 - 公司在第一季度实现了每股2.03美元的经调整收益 [1] - 公司在第一季度的现金流量为51亿美元,其中包括APLNG分配5.21亿美元 [2] - 公司在第一季度的资本支出为29亿美元,债务偿还支付5亿美元,部分被非核心资产处置收益2亿美元抵消 [2] - 公司在第一季度向股东返还了22亿美元,其中包括13亿美元的股票回购和9亿美元的普通股息和VROC支付 [2] - 公司在季度末现金及短期投资为63亿美元,另有11亿美元的长期流动性投资 [2] 各条业务线数据和关键指标变化 - 下游业务方面,公司在加拿大蒙特尼地区的产量创下新高,同比增长超过20% [2] - 公司在阿拉斯加和挪威等地区的项目也取得了良好进展,产量同比增长约4% [2] - 下游业务方面,公司在第一季度的产量为190.2万桶油当量/天,同比增长2% [2] 各个市场数据和关键指标变化 - 公司在第一季度的下游业务中,美国下游业务产量为104.6万桶油当量/天,其中珀米恩盆地736,000桶/天,鹰福德197,000桶/天,巴肯96,000桶/天 [2] - 公司在第一季度的下游业务中,阿拉斯加和国际业务产量为85.6万桶油当量/天,同比增长约4% [2] 公司战略和发展方向及行业竞争 - 公司继续推进在加拿大、中国和挪威的国际项目,并计划在未来一个月内启动挪威的第四个海底系统 [1] - 公司在阿拉斯加的Willow项目进展顺利,已完成首个主要的冬季施工季,并且模块制造也在按计划进行 [3][4] - 公司正在积极拓展LNG业务,在卡塔尔和美国得克萨斯州的LNG项目也在稳步推进 [1] - 公司在下游业务方面保持资本效率为主的增长策略,2024年预计产量将保持2%-4%的低个位数增长 [1][2] - 公司将继续优化资产组合,出售一些不具备竞争力的资产,同时也在考虑出售部分LNG项目的股权 [7][9] 管理层对经营环境和未来前景的评论 - 管理层表示,公司在第一季度保持了良好的执行力,各项战略计划进展顺利 [1] - 管理层认为,公司有能力在2024年至少分配90亿美元给股东,这占预计现金流的30%以上 [4] - 管理层表示,公司将密切关注油气价格的波动,根据市场情况适时调整资本支出和股东回报 [4][5] - 管理层对公司未来发展前景保持乐观,认为公司的多元化资产组合将带来持续的现金流和股东回报 [1] 问答环节重要的提问和回答 问题1 **Devin McDermott 提问** 询问Willow项目在本季度的进展情况以及未来的关键里程碑 [3] **Kirk Johnson 回答** - 公司在阿拉斯加北坡成功完成了首个主要的冬季施工季,建设了7英里的砾石路、30英里的砾石平台和30英里的管线 - 模块制造也在按计划进行,预计将在今年中期开始将第一个模块运往北坡 - 公司预计Willow项目的总资本支出将维持在75-75亿美元的范围内 [3] 问题2 **Neil Mehta 提问** 询问公司对股东回报的框架考虑 [4] **Ryan Lance 回答** - 公司计划至少在2024年分配90亿美元给股东,占预计现金流的30%以上,与往年保持一致 - 公司将密切关注油气价格的波动,根据市场情况适时调整股东回报 [4] 问题3 **Lloyd Byrne 提问** 询问公司对于珀米恩天然气的战略考虑 [5][6] **Bill Bullock 回答** - 公司拥有通往多个市场的天然气运输能力,包括墨西哥湾和西海岸 - 公司约70%的天然气产量实现了对亨利港价格的捕获 - 由于近期珀米恩天然气价格波动较大,公司预计第二季度实现价的比例将较低,但这是暂时的 [5][6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission file number: 001-32395 ConocoPhillips (Exact name of registrant as specified in its charter) Delaware 01 ...

ConocoPhillips (COP) reported first-quarter 2024 adjusted earnings per share of $2.03, which beat the Zacks Consensus Estimate of $1.99. The bottom line, however, declined from the prior-year quarter’s level of $2.38.One of the world’s leading independent oil and gas producers headquartered in Houston, TX, ConocoPhillips’ quarterly revenues of $14.5 billion decreased from $15.5 billion reported a year ago. The top line also missed the Zacks Consensus Estimate of $14.7 billion.The better-than-expected quarte ...

ConocoPhillips (COP) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.01%. A quarter ago, it was expected that this energy company would post earnings of $2.08 per share when it actually produced earnings of $2.40, delivering a surprise of 15.38%.Over the last four quarters, the comp ...

销售和营业收入 - 公司2024年第一季度销售和其他营业收入为13,848百万美元，与2023年第一季度相比略有下降[1] 净利润 - 公司2024年第一季度净利润为2,551百万美元，较去年同期略有增长[1] 每股收益 - 公司2024年第一季度每股普通股基本净收益为2.16美元，略低于去年同期[1] 地区表现 - 公司2024年第一季度各地区税前收入中，亚太地区表现最佳，达到517百万美元[2] - 公司2024年第一季度各地区有效所得税率中，亚太地区为0.9%，是各地区中最低的[3] 调整后净利润 - 公司2024年第一季度调整后的净利润为2,409百万美元，较去年同期略有增长[5] 特殊项目 - 公司2024年第一季度特殊项目中，亚太地区的所得税调整为76百万美元[7] - 公司2024年第一季度特殊项目中，公司整体特殊项目合计为142百万美元[7] 资产和现金流 - 公司总资产在2024年第一季度达到了95348百万美元[9] - 经营活动产生的净现金流量在2024年第一季度为4985百万美元[10] - 投资活动产生的净现金流量在2024年第一季度为-2141百万美元[10] - 融资活动产生的净现金流量在2024年第一季度为-2825百万美元[10] - 现金、现金等价物和受限现金在2024年第一季度末为5845百万美元[10] 生产数据 - 2024年第一季度总资本支出和投资达到2916百万美元[11] - 生产总量在2024年第一季度达到1902千桶/日[12] - 原油产量在2024年第一季度达到944千桶/日[12] - 天然气产量在2024年第一季度达到3302百万立方英尺/日[12] 市场价格 - WTI原油价格在2024年第一季度为76.96美元/桶[12] - 2024年第一季度平均实现原油价格为每桶78.64美元，较2023年同期下降2.36美元[15] 其他财务数据 - 公司2024年第一季度企业和其他部门亏损为171亿美元[16] - 2024年第一季度税前净利息费用为103亿美元，较2023年同期减少14亿美元[17] - 公司总债务为1841.7亿美元，债务占比27％[18]

Investors are always looking for stocks that are poised to beat at earnings season and ConocoPhillips (COP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because ConocoPhillips is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...

We're currently in the midst of first-quarter earnings season, with some S&P 500 energy companies yet to release results. With robust oil prices, the overall energy industry landscape proved advantageous for exploration and production endeavors during the quarter.  Q1 Oil PriceThe pricing dynamics of oil were remarkable in the initial quarter of this year. According to data from the U.S. Energy Information Administration, the average West Texas Intermediate crude prices per barrel were $74.15, $77.25, and $ ...