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ConocoPhillips Stock Reacts to Its 1Q18 Earnings

Nicholas Chapman
ConocoPhillips Stock Reacts to Its 1Q18 Earnings

ConocoPhillips announced its 1Q18 earnings on April 26 before the market opened. In 1Q18, ConocoPhillips reported revenues of ~$9.0 billion—higher than analysts’ consensus of ~$8.8 billion. In 1Q18, ConocoPhillips reported an adjusted profit of $0.96 per share, which beat analysts’ expectation of 0.73 per share.