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ConocoPhillips Stock Reacts to Its Q2 2018 Earnings

Nicholas Chapman
ConocoPhillips Stock Reacts to Its Q2 2018 Earnings

ConocoPhillips announced its second-quarter earnings on July 26 before the market opened. In the second quarter, ConocoPhillips reported revenues of ~$9.24 billion—lower than analysts’ consensus of ~$9.93 billion. The company reported an adjusted profit of $1.09 per share, which beat analysts’ consensus for a profit of $1.08 per share.