ConocoPhillips

Equities

COP

US20825C1045

Oil & Gas Exploration and Production

Real-time Estimate Cboe BZX Other stock markets 12:09:49 2024-12-06 pm EST		5-day change	1st Jan Change
102.72 ^USD	-1.64%		-4.84%	-11.18%

Dec. 05	JPMorgan Upgrades ConocoPhillips to Overweight From Neutral, Adjusts Price Target to $123 From $120	MT
Dec. 05	Oilfield service consolidation to increase under Trump, report says	RE

ConocoPhillips Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

October 31, 2024 at 08:04 am EDT

ConocoPhillips reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 13,041 million compared to USD 14,250 million a year ago. Sales was USD 13,041 million compared to USD 14,250 million a year ago. Revenue was USD 13,604 million compared to USD 14,866 million a year ago. Revenue was USD 13,604 million compared to USD 14,866 million a year ago. Net income was USD 2,059 million compared to USD 2,798 million a year ago. Net income was USD 2,059 million compared to USD 2,798 million a year ago. Basic earnings per share from continuing operations was USD 1.77 compared to USD 2.33 a year ago. Basic earnings per share from continuing operations was USD 1.77 compared to USD 2.33 a year ago. Diluted earnings per share from continuing operations was USD 1.76 compared to USD 2.32 a year ago. Diluted earnings per share from continuing operations was USD 1.76 compared to USD 2.32 a year ago.
For the nine months, sales was USD 40,509 million compared to USD 41,412 million a year ago. Revenue was USD 42,216 million compared to USD 43,267 million a year ago. Net income was USD 6,939 million compared to USD 7,950 million a year ago. Basic earnings per share from continuing operations was USD 5.92 compared to USD 6.56 a year ago. Diluted earnings per share from continuing operations was USD 5.91 compared to USD 6.54 a year ago.

Latest news about ConocoPhillips

JPMorgan Upgrades ConocoPhillips to Overweight From Neutral, Adjusts Price Target to $123 From $120	Dec. 05	MT
Oilfield service consolidation to increase under Trump, report says	Dec. 05	RE
ConocoPhillips Unit Launches Exchange Offers for Outstanding Marathon Oil Notes	Nov. 25	MT
Marathon Oil Corporation Announces Cessation of Management Members	Nov. 22	CI
ConocoPhillips Completes Acquisition of Marathon Oil	Nov. 22	MT
ConocoPhillips Completes Acquisition of Marathon Oil	Nov. 22	MT
Trump's Oil and Gas Donors Don't Really Want to -2-	Nov. 22	DJ
Trump's Oil and Gas Donors Don't Really Want to 'Drill, Baby, Drill' -- Commodities Roundup	Nov. 22	DJ
Texas Pacific Land to Replace Marathon Oil in S&P 500	Nov. 22	MT
ConocoPhillips completed the acquisition of Marathon Oil Corporation from The Vanguard Group, Inc., BlackRock, Inc., State Street Corporation, Invesco Ltd. and others.	Nov. 21	CI
Goldman Sachs Adjusts Price Target on ConocoPhillips to $130 From $125, Maintains Buy Rating	Nov. 13	MT
Sector Update: Energy Stocks Mixed Late Afternoon	Nov. 07	MT
ConocoPhillips Poised to Outperform Large-Cap E&P Peers, RBC Says	Nov. 07	MT
Marathon Oil beats Q3 profit estimates on higher production	Nov. 06	RE
Stocks to watch as White House race enters final stretch	Nov. 05	RE
Raymond James Adjusts Price Target on ConocoPhillips to $148 From $147, Maintains Strong Buy Rating	Nov. 04	MT
JPMorgan Adjusts ConocoPhillips' Price Target to $120 From $126	Nov. 01	MT
Wolfe Research Adjusts ConocoPhillips' Price Target to $151 From $136	Nov. 01	MT
Barclays Adjusts ConocoPhillips' Price Target to $137 From $135	Nov. 01	MT
Susquehanna Adjusts ConocoPhillips' Price Target to $148 From $144	Nov. 01	MT
Tranche Update on ConocoPhillips's Equity Buyback Plan announced on November 10, 2016.	Oct. 31	CI
Roth MKM Adjusts Price Target on ConocoPhillips to $124 From $138	Oct. 31	MT
ConocoPhillips, Q3 2024 Earnings Call, Oct 31, 2024	Oct. 31
Global markets live: Blackstone, Coinbase, MetLife, Airbus, Shell...	Oct. 31
Tricks, treats, and economic twists	Oct. 31

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Company Profile

ConocoPhillips specializes in exploring and producing hydrocarbons. Net sales break down by family of products as follows: - crude oil (52.9%): 923,000 barrels produced per day in 2023; - natural gas (34.3%): 88.8 million m3 produced per day; - liquefied natural gas (4.6%): 279,000 barrels produced per day; - other (8.2%). Net sales are distributed geographically as follows: the United States (80.3%), Canada (5.4%), Norway (4.3%), United Kingdom (3.5%), Libya (3.1% Malaysia (1.7%) and China (1.7%).

Employees

10,300

Sector

Oil & Gas Exploration and Production

Calendar

2025-01-29 - Q4 2024 Earnings Release (Projected)

More about the company