ConocoPhillips: Q1 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — ConocoPhillips (COP) on Thursday reported first-quarter net income of $2.55 billion.

The Houston-based company said it had profit of $2.15 per share. Earnings, adjusted for non-recurring gains, were $2.03 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.

The energy company posted revenue of $14.48 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $14.72 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on COP at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up