Shares of ConocoPhillips edged up 0.3% in premarket trading, after the energy exploration and production company reported fourth-quarter profit and...
Shares of ConocoPhillips COP edged up 0.3% in premarket trading, after the energy exploration and production company reported fourth-quarter profit and production that rose, as realized prices increased, but fell a bit shy of expectations. Net income rose to $3.2 billion, or $2.61 a share, from $2.6 billion, or $1.98 a share, in the year-ago period. Excluding nonrecurring items, adjusted EPS of $2.71 was below the FactSet consensus of $2.72. Production increased 9.
61 a share, from $2.6 billion, or $1.98 a share, in the year-ago period. Excluding nonrecurring items, adjusted EPS of $2.71 was below the FactSet consensus of $2.72. Production increased 9.3% to 1,758 thousand barrels of oil equivalent per day , but was just shy of the FactSet consensus of 1,764 Mboed. The total average realized price grew 8.4% to $71.05 per barrel of oil equivalent , and since production remains unhedged, the company realized the entirety of changes in market prices.
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BLM proposes allowing ConocoPhillips to drill most of its Arctic Willow projectThe Bureau of Land Management announced Wednesday that it is inclined to allow ConocoPhillips to develop Willow, the company’s proposal for oil drilling on federal land in the Arctic, near the village of Nuiqsut.
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BLM proposes allowing ConocoPhillips to drill most of its Arctic Willow projectThe Bureau of Land Management announced Wednesday that it is inclined to allow ConocoPhillips to develop Willow, the company’s proposal for oil drilling on federal land near the village of Nuiqsut.
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Gracie Hunt, daughter of Chiefs owner, shares prayer as team readies for Super Bowl LVIIGracie Hunt, the daughter of Kansas City Chiefs owner Clark Hunt, posted a prayer to her Twitter account on Monday as the team won the AFC Championship.
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We're buying up more shares of this pharmaceuticals play on weaknessThe Club is adding to our position in a key holding as its share price drops.
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