Key TakeawaysConocoPhillips on Thursday reported record levels of production for the second quarter.However, the company's revenue and net income fell short of analysts' estimates and its shares fell.ConocoPhillips also said that its $22.5 billion acquisition of Marathon Oil is on track to close by the end of the fourth quarter despite a recent request for more information on the deal from the FTC. ConocoPhillips (COP) on Thursday reported second-quarter results below analysts' expectations and narrowed its ...

ConocoPhillips (COP) reported second-quarter 2024 adjusted earnings per share of $1.98, which missed the Zacks Consensus Estimate of $2.06. The bottom line, however, increased from the prior-year quarter’s level of $1.84.One of the world’s leading independent oil and gas producers, headquartered in Houston, TX, ConocoPhillips’ quarterly revenues of $14.1 billion increased from $12.9 billion in the year-ago period. However, the top line missed the Zacks Consensus Estimate of $15.1 billion.The lower-than-expe ...

Even with the fluctuating and uncertain conditions in the energy market, upstream companies are experiencing substantial gains from favorable oil prices. Furthermore, integrated energy firms' midstream segments continue to perform well, thanks to consistent revenues from fees associated with pipeline and storage facilities. This strong performance enhances the outlook for Zacks Oil & Gas US Integrated industry.Leading contenders in the industry poised to capitalize on this favorable business environment inc ...

财务业绩 - 公司2024年上半年总收入为28,612百万美元，较2023年同期下降8.9%[2] - 2024年上半年净利润为4,880百万美元，较2023年同期下降13.1%[3] - 2024年上半年营业成本为21,145百万美元，较2023年同期下降4.5%[2] - 2024年上半年资本开支为4,545百万美元，较2023年同期增加12.7%[2] - 2023年全年净利润为109.57亿美元[26] - 2023年全年折旧、折耗和摊销费用为82.7亿美元[31] - 2023年全年资本支出和投资为112.48亿美元[32] - 2023年全年经营活动产生的现金流为199.65亿美元[31] - 2023年全年股票回购支出为54亿美元[33] - 2023年全年支付股利为55.83亿美元[33] - 2024年第一季度净利润为25.51亿美元[31] - 2024年第一季度资本支出和投资为58.85亿美元[32] - 2024年第一季度经营活动产生的现金流为49.85亿美元[31] 地区业绩 - 2024年上半年亚太地区税前利润为1,056百万美元，较2023年同期增加81.4%[7] - 2024年上半年欧洲、中东和北非地区税前利润为1,998百万美元，较2023年同期下降6.2%[7] - 2024年上半年加拿大地区税前利润为583百万美元，较2023年同期增加36.2%[7] - 2024年上半年阿拉斯加地区税前利润为963百万美元，较2023年同期下降16.3%[7] 业务板块业绩 - 2024年上半年下游业务税前利润为3,392百万美元，较2023年同期下降4.5%[7] 税率 - 2024年上半年公司整体税率为34.6%，较2023年同期上升3.0个百分点[9] 生产数据 - 2023年第二季度原油产量为931千桶/日[54] - 2023年第二季度天然气产量为31.47亿立方英尺/日[43] - 2023年第二季度WTI原油价格为73.78美元/桶[44] - 2023年第二季度公司实现的平均原油价格为74.19美元/桶[46] - 2023年第二季度公司实现的平均天然气价格为5.04美元/千立方英尺[49] - 2023年第二季度公司勘探费用为8300万美元[50] - 2023年第二季度公司折旧、折耗和摊销费用为20.10亿美元[52] - 2023年第二季度公司在阿拉斯加地区的资本支出为3.63亿美元[35] - 2023年第二季度公司在下游48州地区的资本支出为16.53亿美元[36] 财务状况 - 公司总债务为165.83亿美元，债务资本比率为26%[70] - 股东权益为477.83亿美元[71] - 公司总债务为164.44亿美元，债务资本比率为26%[70] - 公司总债务为190.63亿美元，债务资本比率为29%[70] - 公司总债务为189.37亿美元，债务资本比率为28%[70] - 公司总债务为184.17亿美元，债务资本比率为27%[70] - 公司总债务为183.52亿美元，债务资本比率为27%[70] 其他 - 公司使用了一些常见的财务指标缩写，如DD&A、G&A、WTI等[72,73] - 公司使用了一些常见的计量单位，如BBL、MMBBL、MCF等[74]

HOUSTON, TEXAS - JUNE 14: The ConocoPhillips Headquarters on June 14, 2024 in Houston, Texas. (Photo ... [+] by Brandon Bell/Getty Images)Getty ImagesConocoPhillips (NYSE: COP), a pure-play oil and natural gas producer, is scheduled to announce its fiscal second-quarter results on Thursday, August 1. We expect ConocoPhillips stock to trade higher post Q2 with both revenue and earnings beating market expectations marginally. COP stock is down 6% year-to-date to $110. In comparison, COP’s peer Exxon Mobil sto ...

文章核心观点 - ConocoPhillips即将于2024年8月1日公布第二季度财报 [1][2] - 第二季度预计每股收益为2.06美元,同比增长约12% [2] - 第二季度预计收入为151亿美元,同比增长约17% [2] 公司表现 - ConocoPhillips过去4个季度中有3个季度超出市场预期,平均超出幅度为4.53% [4] - 公司第二季度业绩预计不会超出市场预期,因为其收益预测值低于市场预期 [5][6] 行业环境 - 第二季度WTI原油价格较高,有利于ConocoPhillips的勘探和生产活动 [7] - 公司预计第二季度总日产量同比增长6.8%,其中下游48州地区日产量同比增长8.3% [8] 估值分析 - 过去一年公司股价下跌3.2%,而行业整体上涨7.6% [9] - 公司当前市值/EBITDA估值为5.66,高于行业平均水平3.19,显得相对较贵 [10][11] 并购动态 - 公司5月29日完成以全股票方式收购Marathon Oil,溢价14.7% [13][14] - 收购带来的债务负担和溢价引发了投资者的担忧,导致股价下跌 [15] 行业风险 - 公司专注于勘探和生产,容易受到油价波动的影响,相比多元化的大型石油公司更容易受到经济周期的影响 [16] 投资建议 - 公司长期前景看好,但目前估值较高,投资者可以等待更好的入场时机 [17]

The energy sector is one which is bound to grow over the next few years, meaning there are a good few energy stocks to buy now for the coming surge. We have tremendous needs, and these needs are only growing as we gain more and more electric technology. The influx of electronic vehicles, crypto-mining, and more powerful AI-based generative software has led to a spike in energy consumption.In fact, ChatGPT alone uses more than 17,000 times the energy usage of the average American home every day. We can see t ...

ConocoPhillips (COP) , a U.S.-based exploration and production company, has received the support of the High Court of Trinidad and Tobago regarding an arbitration claim worth $1.3 billion against Venezuela over its expropriated assets. The claim was originally made in late May 2024. The Trinidad and Tobago High Court has upheld its previous decision, which may potentially freeze the country’s payments to Venezuela over joint natural gas projects.The court ruling allows ConocoPhillips to enforce a $1.33 bill ...

The latest trading session saw ConocoPhillips (COP) ending at $116.61, denoting a +0.46% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.78% for the day. Meanwhile, the Dow experienced a drop of 1.29%, and the technology-dominated Nasdaq saw a decrease of 0.7%.Prior to today's trading, shares of the energy company had gained 6.1% over the past month. This has outpaced the Oils-Energy sector's loss of 7.83% and the S&P 500's gain of 2.14% in that time.Market ...

ConocoPhillips (COP) , a U.S.-based exploration and production player, has received a second request from the U.S. Federal Trade Commission (“FTC”) for further information on its proposed merger with Marathon Oil Corporation (MRO) . ConocoPhillips had announced the acquisition in May 2024 in an all-stock transaction worth $22.5 billion. Per COP’s statement, both companies received the FTC request and are jointly working with the regulatory body to review the details of the proposed merger.Marathon sharehold ...