ConocoPhillips (COP) Q1 Earnings Beat on Higher Oil Volumes
COPConocoPhillips(COP) Zacks Investment Research·2024-05-02 23:16

ConocoPhillips (COP) reported first-quarter 2024 adjusted earnings per share of 2.03,whichbeattheZacksConsensusEstimateof2.03, which beat the Zacks Consensus Estimate of 1.99. The bottom line, however, declined from the prior-year quarter’s level of 2.38.OneoftheworldsleadingindependentoilandgasproducersheadquarteredinHouston,TX,ConocoPhillipsquarterlyrevenuesof2.38. One of the world’s leading independent oil and gas producers headquartered in Houston, TX, ConocoPhillips’ quarterly revenues of 14.5 billion decreased from 15.5billionreportedayearago.ThetoplinealsomissedtheZacksConsensusEstimateof15.5 billion reported a year ago. The top line also missed the Zacks Consensus Estimate of 14.7 billion. The better-than-expected quar ...