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ConocoPhillips Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. ConocoPhillips Beats Q3 Revenue and Earnings

ConocoPhillips (NYSE 🙂 announced Tuesday that the third quarter beat analyst forecasts with revenue surpassing expectations.

ConocoPhillips reported earnings per share at $1.77 for revenue $11.62B. Investing.com polled analysts and predicted EPS at $1.51 for revenue of $10.71B.

ConocoPhillips shares have risen 86% since the start of the year. However, they are still down 4.28% from their 52-week high of $77.98 on October 25. They are outperforming the S&P 500 which is up 23.02% from the start of the year.

ConocoPhillips shares rose 0.07% intra-day following the news.

ConocoPhillips reports on other earnings in the Energy sector.

ConocoPhillips reports on Exxon Mobil’s earnings beat on Friday. Exxon Mobil reported EPS at $1.58 for revenue $73.79B. Forecasts were for EPS at $1.56 on $71.13B.

Chevron beat all expectations Friday, posting a third-quarter EPS of $2.96 on $44.71B in revenue. This compares to the $2.2 forecasted for revenue of $39.97B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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