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ConocoPhillips (COP) Q1 Loss Narrower than Expected - Tale of the Tape

Houston, TX-based ConocoPhillips ( COP ) is a major global exploration and production (E&P) company with operations and activities in 30 countries that include the U.S., Canada, UK/Norway, China, Australia, offshore Timor-Leste, Indonesia, Libya, Nigeria, Algeria, Russia and Qatar.

Currently, ConocoPhillips has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2015 report which has just released. We have highlighted some of the key details from the just-released announcement below:

Earnings: Loss per share excluding special items came in at 18 cents, narrower than the Zacks Consensus Estimate of loss of 19 cents.

Revenue: Revenues of $8,002 million failed to beat the Zacks Consensus Estimate of $11,572 million.

Key Stats: Total production, from continuing operations, during the first-quarter 2015 came at 1,610 thousand barrels of oil equivalent per day (MBOE/D), up from 1,532 MBOE/D in the year ago quarter period.

Check back later for our full write up on this ConocoPhillips earnings report later!

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CONOCOPHILLIPS (COP): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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