ConocoPhillips beats fourth-quarter profit estimates
In this article:
Feb 8 (Reuters) - U.S. oil and gas producer ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, helped by higher production from newly acquired assets.
The Houston, Texas-based company posted adjusted earnings of $2.40 per share for the quarter ended Dec. 31, compared with analysts' average estimate of $2.09 per share, according to LSEG data. (Reporting by Sourasis Bose in Bengaluru; Editing by Sriraj Kalluvila)
