ConocoPhillips (COP) Q1 Earnings Beat on Higher Oil Volumes

ConocoPhillips (COP) reported first-quarter 2024 adjusted earnings per share of $2.03, which beat the Zacks Consensus Estimate of$1.99. The bottom line, however, declined from the prior-year quarter’s level of $2.38.One of the world’s leading independent oil and gas producers headquartered in Houston, TX, ConocoPhillips’ quarterly revenues of$14.5 billion decreased from $15.5 billion reported a year ago. The top line also missed the Zacks Consensus Estimate of$14.7 billion.The better-than-expected quarte ...