ConocoPhillips Company (NYSE:COP) Q4 2024 Earnings Conference Call February 6, 2025 12:00 PM ET Company Participants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman and Chief Executive Officer Bill Bullock - Executive Vice President and Chief Financial Officer Andy O’Brien - Senior Vice President, Strategy, Commercial, Sustainability & Technology Nick Olds - Executive Vice President, Lower 48 Kirk Johnson - Senior Vice President, Global Operations Conference Call Participants Arun Jaya ...

ConocoPhillips 4Q24 Earnings Conference Call Feb. 6, 2025 ConocoPhillips 2 2024 Highlights and Recent Announcements Strategy Closed acquisition of Marathon Oil and on track to deliver $1B+ in synerqies Announced $10B return of capital tarqet for 2025 14% ROCE; 15% cash-adjusted Announced 2025 capital budget of ~$12.9B Operations Delivered total company and Lower 48 production of 1,987 MBOED and 1,152 MBOED, respectively Progressed $2B disposition target with signed agreements to divest $0.6B of noncore Lowe ...

Another eventful morning for the stock market: not only do we continue into the heart of Q4 earnings season, but today is Thursday, so generally the morning we see Weekly Jobless Claims. A quarterly Productivity report joins the fray this morning… yet somehow the market indexes are little changed: lightly higher across the board.Jobless Claims Continue Depicting a Healthy Labor MarketLast week, +219K Initial Jobless Claims were made — higher than the slightly upwardly revised +208K the previous week, but we ...

ConocoPhillips (COP) reported fourth-quarter 2024 adjusted earnings per share of $1.98, which beat the Zacks Consensus Estimate of $1.89. The bottom line, however, decreased from the prior-year level of $2.40.One of the world’s leading independent oil and gas producers, headquartered in Houston, TX, ConocoPhillips’ quarterly revenues of $14.74 billion decreased from $15.31 billion in the year-ago period. The top line beat the Zacks Consensus Estimate of $14.68 billion.Find the latest EPS estimates and surpr ...

ConocoPhillips (COP) came out with quarterly earnings of $1.98 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.21%. A quarter ago, it was expected that this energy company would post earnings of $1.68 per share when it actually produced earnings of $1.78, delivering a surprise of 5.95%.Over the last four quarters, the compa ...

| | | | 2023 | | | | | 2024 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 1st Qtr | 2nd Qtr 3rd Qtr | | 4th Qtr | Full Year | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | Full Year | | EFFECTIVE INCOME TAX RATES | | | | | | | | | | | | Alaska* | 26.7 % | 27.0 % | 26.1 % | 26.4 % | 26.5 % | 26.1 % | 27.4 % | 27.6 % | 25.4 % | 26.6 % | | Lower 48 | 22.1 % | 22.2 % | 21.1 % | 20.4 % | 21.4 % | 21.8 % | 22.6 % | 21.9 % | 21.9 % | 22.0 % | | Canada | 21.9 % | 26.6 % (48.6)% | | 29.5 % ...

ConocoPhillips (NYSE: COP ) is a solid, blue-chip US energy sector stalwart. But that alone is not enough for me to be attracted to it here. I owned it for much of last year, settling for a modest loss for my efforts, exiting in two parts, atI'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden YARP Portfolio, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've bee ...

Analysts on Wall Street project that ConocoPhillips (COP) will announce quarterly earnings of $1.89 per share in its forthcoming report, representing a decline of 21.3% year over year. Revenues are projected to reach $14.47 billion, declining 5.4% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 15% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this t ...

ConocoPhillips (COP) is set to report fourth-quarter 2024 results on Feb. 6, before the opening bell.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter earnings is pegged at $1.89 per share, implying a decline of 21.3% from the year-ago reported number. Three analysts revised the estimate downward in the past 30 days against three upward movements. The Zacks Consensus Estimate for quarterly revenues is currently pegged at $14.5 billion, sug ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for ConocoPhillips due to lower revenues, with a focus on how actual results will compare to estimates to influence stock price movements [1][2]. Earnings Expectations - ConocoPhillips is expected to report quarterly earnings of $1.89 per share, reflecting a year-over-year decrease of 21.3% [3]. - Revenue projections stand at $14.68 billion, down 4.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 14.96% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for ConocoPhillips is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -1.77%, suggesting a bearish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [8]. - ConocoPhillips currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, ConocoPhillips exceeded the expected earnings of $1.68 per share by delivering $1.78, resulting in a surprise of +5.95% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - While ConocoPhillips may not be a compelling candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].