About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Even with the fluctuating and uncertain conditions in the energy market, upstream companies are experiencing substantial gains from favorable oil prices. Furthermore, integrated energy firms' midstream segments continue to perform well, thanks to consistent revenues from fees associated with pipeline and storage facilities. This strong performance enhances the outlook for Zacks Oil & Gas US Integrated industry.Leading contenders in the industry poised to capitalize on this favorable business environment inc ...

ConocoPhillips (COP) came out with quarterly earnings of $1.98 per share, missing the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.88%. A quarter ago, it was expected that this energy company would post earnings of $1.99 per share when it actually produced earnings of $2.03, delivering a surprise of 2.01%.Over the last four quarters, the comp ...

Exhibit 99.2 Second-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 | --- | --- | --- | --- | --- ...

HOUSTON, TEXAS - JUNE 14: The ConocoPhillips Headquarters on June 14, 2024 in Houston, Texas. (Photo ... [+] by Brandon Bell/Getty Images)Getty ImagesConocoPhillips (NYSE: COP), a pure-play oil and natural gas producer, is scheduled to announce its fiscal second-quarter results on Thursday, August 1. We expect ConocoPhillips stock to trade higher post Q2 with both revenue and earnings beating market expectations marginally. COP stock is down 6% year-to-date to $110. In comparison, COP’s peer Exxon Mobil sto ...

ConocoPhillips  COP is set to release earnings results for its second quarter, before the opening bell on Aug. 1, 2024.Analysts expect the Houston, Texas-based company to report quarterly earnings at $1.96 per share, up from $1.84 per share in the year-ago period. ConocoPhillips is projected to report quarterly revenue of $14.92 billion, according to data from Benzinga Pro.ConocoPhillips and Marathon Oil Corporation MRO recently received a Second Request from the Federal Trade Commission (FTC) to extend the ...

alvarez/E+ via Getty Images ConocoPhillips (NYSE:COP) stock is -4.3% during the past year and has significantly underperformed both the S&P 500 (+19.5%) and The Energy Select Sector SPDR Fund ETF (XLE), which is +5.4%. In Q1, COP's earnings of $2.03/share were down $0.35/share from the year earlier period. That was primarily due to lower average realized pricing ($56.60/boe vs. $60.86/boe) as Henry Hub natural gas realizations dropped from $2.92/Mcf to $1.57/Mcf. And domestic natural gas pricing continues t ...

Oil stocks, though powerfully relevant even in the age of new-energy vehicles, have presented a difficult narrative. With the rise of electric vehicles, consumers actually have choices now that extend beyond the hydrocarbon paradigm. Also, scientific concerns such as climate change have impacted the ideological discourse. Nevertheless, a possible pivot in the political realm may invigorate fossil fuels.At the beginning of last week, President Joe Biden shocked the nation – indeed the world – by announcing t ...

ConocoPhillips (COP) is set to report second-quarter 2024 results on Aug 1, 2024, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at $2.06 per share, implying growth of almost 12% from the year-ago reported number. The estimate was revised downward by six analysts in the past 30 days against one upward movement. The Zacks Consensus Estimate for quarterly revenues is currently pegged at $15.1 billion, suggesting an almost 17% uptick from the year-ago actuals. Image ...

The energy sector is one which is bound to grow over the next few years, meaning there are a good few energy stocks to buy now for the coming surge. We have tremendous needs, and these needs are only growing as we gain more and more electric technology. The influx of electronic vehicles, crypto-mining, and more powerful AI-based generative software has led to a spike in energy consumption.In fact, ChatGPT alone uses more than 17,000 times the energy usage of the average American home every day. We can see t ...