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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