Investing.com – ConocoPhillips (NYSE:) reported on Thursday first quarter that beat analysts’ forecasts and income that topped expectations.

ConocoPhillips introduced earnings per share of $3.27 on income of $19.29B. Analysts polled by Investing.com anticipated EPS of $3.14 on income of $17.06B.

ConocoPhillips shares are up 17% from the start of the yr, nonetheless down 3.40% from its 52 week excessive of $107.52 set on March 25. They’re outperforming the S&P 500 which is down 9.78% from the beginning of the yr.

ConocoPhillips follows different main Power sector earnings this month

ConocoPhillips’s report follows an earnings missed by Exxon Mobil on April 29, who reported EPS of $2.07 on income of $90.5B, in comparison with forecasts EPS of $2.23 on income of $82.84B.

Chevron had missed expectations on April 29 with first quarter EPS of $3.36 on income of $54.37B, in comparison with forecast for EPS of $3.4 on income of $51.14B.

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