ConocoPhillips (COP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Group 1: Financial Performance - ConocoPhillips reported $17.1 billion in revenue for the quarter ended March 2025, an 18.1$2.09, compared to $2.03 a year ago, indicating a positive trend [1] - The reported revenue exceeded the Zacks Consensus Estimate of$16.54 billion by 3.37% [1] Group 2: Key Metrics - Natural gas liquids produced per day totaled 402 million barrels, surpassing the average estimate of 394.51 million barrels [4] - Total production per day was 2,389 million barrels of oil equivalent, compared to the average estimate of 2,363.2 million barrels [4] - Average sales price for natural gas was $5.62, higher than the estimated$5.28 [4] Group 3: Market Performance - Shares of ConocoPhillips returned -4.2% over the past month, while the Zacks S&P 500 composite increased by 11.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]