We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Earnings Beat: Houston, TX-based ConocoPhillips (COP - Free Report) reported earnings per share excluding special items at 96 cents, beating the Zacks Consensus Estimate of 76 cents.
Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate for the quarter has been revised upward over the last 30 days.
Moreover, ConocoPhillips have an impressive earnings surprise history. The company managed to beat the Zacks Consensus Estimate in two of the last four quarters, the average positive earnings surprise being 144.5%.
Revenue: Revenues of $8,961 million surpassed the Zacks Consensus Estimate of $8,601.4 million.
Key Stats: Total production during the first-quarter 2018 came at 1,269 thousand barrels of oil equivalent per day (MBOE/D), down from 1,593 MBOE/D in the year ago quarter period. For first-quarter 2018, the total realized price of hydrocarbon was recorded at $50.49 per barrel of oil equivalent (BOE), higher than $36.18 per BOE in the January to March quarter of 2017.
Zacks Rank: Currently, ConocoPhillips has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2018 report which has just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
Check back later for our full write up on this ConocoPhillips earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Image: Bigstock
ConocoPhillips (COP) Beats Q1 Earnings & Revenue Estimates
Earnings Beat: Houston, TX-based ConocoPhillips (COP - Free Report) reported earnings per share excluding special items at 96 cents, beating the Zacks Consensus Estimate of 76 cents.
Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate for the quarter has been revised upward over the last 30 days.
ConocoPhillips Price and EPS Surprise
ConocoPhillips Price and EPS Surprise | ConocoPhillips Quote
Moreover, ConocoPhillips have an impressive earnings surprise history. The company managed to beat the Zacks Consensus Estimate in two of the last four quarters, the average positive earnings surprise being 144.5%.
Revenue: Revenues of $8,961 million surpassed the Zacks Consensus Estimate of $8,601.4 million.
Key Stats: Total production during the first-quarter 2018 came at 1,269 thousand barrels of oil equivalent per day (MBOE/D), down from 1,593 MBOE/D in the year ago quarter period. For first-quarter 2018, the total realized price of hydrocarbon was recorded at $50.49 per barrel of oil equivalent (BOE), higher than $36.18 per BOE in the January to March quarter of 2017.
Zacks Rank: Currently, ConocoPhillips has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2018 report which has just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
Check back later for our full write up on this ConocoPhillips earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>