Previous close | 123.47 |
Open | 125.02 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 122.82 - 125.27 |
52-week range | 91.61 - 127.27 |
Volume | |
Avg. volume | 56,399 |
Market cap | 1.38B |
Beta (5Y monthly) | 1.27 |
PE ratio (TTM) | 0.13 |
EPS (TTM) | 9.65 |
Earnings date | 02 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Insight into ConocoPhillips' Financial Performance and Strategic Execution
ConocoPhillips (COP) delivered earnings and revenue surprises of 2.01% and 1.67%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
U.S. oil producer ConocoPhillips missed Wall Street bets for first-quarter profit on Thursday, as lower natural gas prices and increased costs offset higher oil production volumes. A milder-than-expected winter hurt demand for the heating fuel in the quarter and pulled down U.S. natural gas prices to a three-and-a-half-year low in February, also affecting earnings of U.S. oil majors Exxon Mobil and Chevron. ConocoPhillips' total average realized price fell 7% to $56.60 per barrel of oil equivalent (boe) in the first quarter, from $60.86 per boe a year earlier.