Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
31 December 1981Website:
http://www.conocophillips.comNext earnings report:
N/ALast dividends:
12 August 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:49:02 GMTAnalysts recommendations
Institutional Ownership
COP Latest News
Analysts shared their opinions on ConocoPhillips' mixed results for the third quarter. Some were positive, while others were more critical.
ConocoPhillips will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 12:00 PM ET. Key company participants include Phil Gresh, Ryan Lance, and Bill Bullock, among others. The call will also feature analysts from various financial institutions, and Liz will be the operator for the session.
ConocoPhillips (COP) reported quarterly earnings of $1.78 per share, which is higher than the Zacks Consensus Estimate of $1.68 per share. This is a decrease compared to earnings of $2.16 per share from the same period last year.
On Thursday, ConocoPhillips announced a third-quarter profit that exceeded Wall Street's expectations, thanks to increased production. The Texas-based oil and gas company saw positive results from this boost in output.
Marathon Oil Corp, which is set to be bought by the bigger company ConocoPhillips, announced this week that it will lay off 500 employees in Texas, as stated in a report to the Texas Workforce Commission.
ConocoPhillips (COP) closed at $104.56 on the most recent trading day, showing a slight increase of 0.18% from its previous closing price.
Jim Lebenthal and Bill Baruch appear on CNBC's "Halftime Report" to talk about their recent trades involving Lockheed Martin, ConocoPhillips, and SLB.
A positive situation with commodity prices probably helped COP's upstream operations in the third quarter.
In the most recent trading session, ConocoPhillips (COP) finished at $104.37, which is a decrease of 0.13% compared to the previous day.
On Wednesday, the German energy company SEFE announced that it has reached a long-term deal with ConocoPhillips to buy as much as 9 billion cubic meters (bcm) of natural gas over the next ten years.
What type of business is ConocoPhillips?
ConocoPhillips is an American oil and gas company headquartered in Houston, Texas. It was founded as a result of the merger of Conoco Inc. and Phillips Petroleum Co. in 2002. It is one of the largest companies in the exploration and production of crude oil, natural gas, and LNG with operations in 16 countries around the world (Alaska, Latin America, Canada, Europe, the Middle East, etc.). The company is involved in geological exploration, production, transportation, and sale of crude oil, bitumen, natural gas, and LNG worldwide, including in the United States, Norway, the United Kingdom, Canada, Australia, Timor-Leste, Indonesia, Malaysia, Libya, China, and Qatar. It owns shares in two of the largest oil fields in North America, located on the northern slope of Alaska: in Prudhoe Bay and Kuparuk, as well as in the Alpine field and the Gulf of Mexico.
What sector is ConocoPhillips in?
ConocoPhillips is in the Energy sector
What industry is ConocoPhillips in?
ConocoPhillips is in the Oil & Gas Equipment & Services industry
What country is ConocoPhillips from?
ConocoPhillips is headquartered in United States
When did ConocoPhillips go public?
ConocoPhillips initial public offering (IPO) was on 31 December 1981
What is ConocoPhillips website?
https://www.conocophillips.com
Is ConocoPhillips in the S&P 500?
Yes, ConocoPhillips is included in the S&P 500 index
Is ConocoPhillips in the NASDAQ 100?
No, ConocoPhillips is not included in the NASDAQ 100 index
Is ConocoPhillips in the Dow Jones?
No, ConocoPhillips is not included in the Dow Jones index
When was ConocoPhillips the previous earnings report?
No data
When does ConocoPhillips earnings report?
Next earnings report date is not announced yet