Why You Should Buy ConocoPhillips (COP) After Q1 Earnings Beat
COPConocoPhillips(COP) Zacks Investment Research·2024-05-09 22:40

ConocoPhillips (COP) recently reported better-than-expected first-quarter 2024 earnings. The leading exploration and production company’s earnings per share were 2.03,whilerevenuescameinat2.03, while revenues came in at 14.5 billion. Good Entry Point for Investors Although 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-mont ...