ConocoPhillips (NYSE:COP) Q1 2024 Earnings Conference Call May 2, 2024 12:00 PM ET Company Participants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman & Chief Executive Officer Bill Bullock - Executive Vice President & Chief Financial Officer Andy O'Brien - Senior Vice President of Strategy, Commercial Sustainability & Technology Nick Olds - Executive Vice President, Lower 48 Kirk Johnson - Senior Vice President, Global Operations Conference Call Participants Devin McDermott - Morgan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission file number: 001-32395 ConocoPhillips (Exact name of registrant as specified in its charter) Delaware 01 ...

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

ConocoPhillips (COP) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.01%. A quarter ago, it was expected that this energy company would post earnings of $2.08 per share when it actually produced earnings of $2.40, delivering a surprise of 15.38%.Over the last four quarters, the comp ...

Exhibit 99.2 First-Quarter 2024 Detailed Supplemental Information 2023 2024 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Full Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD $ Millions, Except as Indicated CONSOLIDATED INCOME STATEMENT Revenues and Other Income Sales and other operating revenues 14,811 12,351 14,250 14,729 56,141 13,848 13,848 Equity in earnings of affiliates 499 412 388 421 1,720 421 421 Gain (loss) on dispositions 93 (1) 108 28 228 93 93 Other income (loss) 114 122 120 129 485 114 114 Total Revenues and Othe ...

Investors are always looking for stocks that are poised to beat at earnings season and ConocoPhillips (COP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because ConocoPhillips is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...

We're currently in the midst of first-quarter earnings season, with some S&P 500 energy companies yet to release results. With robust oil prices, the overall energy industry landscape proved advantageous for exploration and production endeavors during the quarter.  Q1 Oil PriceThe pricing dynamics of oil were remarkable in the initial quarter of this year. According to data from the U.S. Energy Information Administration, the average West Texas Intermediate crude prices per barrel were $74.15, $77.25, and $ ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

ConocoPhillips (COP) is set to report first-quarter 2024 earnings on May 2, before the opening bell.In the last reported quarter, the company’s adjusted earnings per share of $2.40 beat the Zacks Consensus Estimate of $2.08. Higher oil equivalent production volumes have led to better-than-expected quarterly results. The positives were partially offset by lower average realized oil equivalent prices.COP’s earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and beat the same on ...

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