ConocoPhillips' fourth-quarter profit beats estimates on higher production, divests non-core assets
ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production helped offset lower crude prices, and expects 2025 to be a peak spending year for its long-term projects.
ConocoPhillips' Quarterly Profit Beats Estimates on Higher Production
(Reuters) -ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production offset lower realized prices. Benchmark crude prices rose about 4% during the October-December quarter, encouraging companies to drill more.
Barclays lowered the firm’s price target on ConocoPhillips (COP) to $135 from $137 and keeps an Overweight rating on the shares. The firm says ...
Following its $22.5 billion deal to buy Marathon Oil, ConocoPhillips is targeting $2 billion in asset sales— a goal a company ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
In a report released on February 7, Betty Jiang from Barclays maintained a Buy rating on Conocophillips (COP – Research Report), with a price ...
ConocoPhillips reported $2.31 billion in net income for Q4 2024, down from $3 billion for the same three-month period a year ...
The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...
ConocoPhillips (NYSE:COP) shares are trading higher after the company released fourth-quarter results. Here’s a breakdown of ...
ConocoPhillips posted better than expected Q4 adjusted earnings and sees 2025 as a peak spending year for its long-term ...
Global production increased by 14.8% to 2,183 MBOED, driven by strategic acquisitions. ConocoPhillips exceeded earnings ...
We recently published a list of 10 Best Energy Dividend Stocks To Buy Right Now. In this article, we are going to take a look ...
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