Categories AlphaGraphs, Earnings, Energy
COP Earnings: Highlights of ConocoPhillips’ Q3 2023 results
Energy exploration company ConocoPhillips (NYSE: COP) on Thursday reported a sharp fall in profit and revenues for the third quarter of 2023.
Net income, adjusted for special items, decreased 40% year-over-year to $2.16 per share in the three-month period. The reported profit was $2.80 billion or $2.32 per share in Q3, compared to $4.53 billion or $3.55 per share in the third quarter of 2022.
The bottom line was negatively impacted by a 31% fall in revenues and other income to $14.87 billion. At 1,806 MBOED, total production was up 3%.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
