ConocoPhillips Stock Is Rising After Its Earnings Topped Estimates

3 years ago 402

ConocoPhillips banal was rising aft the lipid institution reported better-than-expected earnings.

Conoco reported an adjusted nett of $1.77 a share, beating forecasts for $1.50 a share.

Conoco credited not conscionable rising lipid prices for the net beat, but besides advancement successful integrating Concho Resources, which agreed to bargain successful October 2020.

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