Conoco Phillips

NYSE:COP  
90.86
+2.97 (+3.38%)
4:00:00 PM EDT: $91.03 +0.17 (+0.19%)
Earnings Announcements

ConocoPhillips's Norway find smaller than previous estimate

Published: 05/30/2022 06:54 GMT
Conoco Phillips (COP) - Norway Petroleum Directorate: Delineation of Oil Discovery 6507/5-10 S (slagugle) Northeast of the Heidrun Field in the Norwegian Sea – 6507/5-11.
Preliminary Estimates Indicate That Size of Discovery is Between 6 and 13 Mln Standard Cubic Metres (sm3) of Oil Equivalent.
Before Well 6507/5-11 Was Drilled, Operator's Resource Estimate for Discovery Was Between 12 and 32 Mln Standard Cubic Metres (sm3) of Recoverable Oil Equivalent.
Further Company Coverage: Copn (reporting by Gwladys Fouche).
((gwladys.
Fouche@thomsonreuters.
Com;)).
Revenue is expected to be $19.61 Billion
Adjusted EPS is expected to be $3.82

Next Quarter Revenue Guidance is expected to be $19.24 Billion
Next Quarter EPS Guidance is expected to be $3.99

More details on our Analysts Page.