| ConocoPhillips beats 3Q profit forecasts | |
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HOUSTON (AP) _ ConocoPhillips (COP) on Thursday reported third-quarter profit of $2.7 billion.
The Houston-based company said it had net income of $2.17 per share. Earnings, adjusted for one-time gains and costs, came to $1.29 per share.
The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.
The energy company posted revenue of $12.92 billion in the period.
ConocoPhillips shares have increased slightly since the beginning of the year, while the Standard & Poor's 500 index has risen 7 percent. The stock has fallen roughly 5 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. COP stock research report from Zacks.
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Keywords:ConocoPhillips,Earnings Report
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ConocoPhillips
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CODE : COP |
ISIN : US20825C1045 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
ConocoPhillips is a producing company based in United states of america. ConocoPhillips is listed in Germany and in United States of America. Its market capitalisation is US$ 152.3 billions as of today (€ 143.1 billions). Its stock quote reached its lowest recent point on December 31, 1991 at US$ 10.94, and its highest recent level on April 19, 2024 at US$ 129.38. ConocoPhillips has 1 177 107 000 shares outstanding. |