ConocoPhillips is a multinational energy company that focuses on the exploration, production, and distribution of oil and natural gas
With a commitment to sustainable energy practices, it operates across various segments of the oil and gas industry, including upstream activities such as drilling and extraction, as well as midstream operations that involve the transportation and processing of hydrocarbons. The company is dedicated to innovation in energy technology and environmental stewardship while providing a critical supply of energy resources to meet global demands.
JP Morgan analyst raises price forecast for ConocoPhillips (COP) following strong Q4 results. Focus on FCF growth with capex reduction. Exposure via OILT & IEO.
On an adjusted basis, the company reported a net income of $2.4 billion, or $1.98 per share, for the three months ended Dec. 31, compared with a Wall Street estimate of $1.83 per share.
JP Morgan analyst optimistic about ConocoPhillips' Q4 results, which beat estimates and include a $10B return of capital plan based on current commodity prices.
Market indexes put in a fine showing at the closing bell today, climbing in the final minutes of trading across major indexes and ending the day at or near session highs.
It's a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.
ConocoPhillips (NYSECOP) reported Q4 results, with $14.74B revenue and $1.98 EPS, surpassing expectations. Company also announced dividends and production targets for 2025.
In response to the United States' unilateral decision to impose a 10% tariff on all Chinese goods, China has announced its intention to retaliate by imposing tariffs on certain US imports.
