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0.002318571759796 -0.00023185717597955 -0.00197078599582659 -0.01147693021099 -0.0171574310224902 0.0015325759332251 -0.0282865754695108 -0.0308370044052863
Stock impact report

ConocoPhillips Has Surprisingly Strong Earnings Despite Crude's Crash [The Motley Fool]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Crude prices crashed during the first quarter, devastating theoil sector. Several oil companies have already filed for bankruptcy, while most others have had to slash spending, shareholder payouts, and production.ConocoPhillips(NYSE:COPreduced its drilling budget twicesuspended its share repurchase program, and curtailed some output.But the company has still weathered this storm much better than most, which was clear in its first-quarter earnings.Drilling down into ConocoPhillips' first-quarter earningsMetricQ 00Guidance or ExpectationsProduction.78 million BOE/D. million to .8 million BOE/DAdjusted earnings$0.$0.7Data source: ConocoPhillips. BOE/D=barrels of oil equivalent per day.ConocoPhillips delivered production toward the top end of its guidance range during the first quarter. While it was about 0,000 BOE/D below last year's level, that's mainly due to asset sales. Adjusting for these losses, production increased by ,000 BOE/D thanks to growth in its Big Three U.S. shale plays ( Show less Read more
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