Despite Soaring 46%, ConocoPhillips Is a Hold as Price Target Trails
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The post Despite Soaring 46%, ConocoPhillips Is a Hold as Price Target Trails appeared first on 24/7 Wall St..
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ConocoPhillips (COP) reported Q1 2026 adjusted EPS of $1.89 beating estimates, but revenue of $16.054B missed by 2.14% and net income fell 23.13% YoY as realized prices slipped to $50.36/BOE. The company repurchased $1B in stock and declared an $0.84 dividend while raising capex guidanc
Quick Read
ConocoPhillips (COP) reported Q1 2026 adjusted EPS of $1.89 beating estimates, but revenue of $16.054B missed by 2.14% and net income fell 23.13% YoY as realized prices slipped to $50.36/BOE. The company repurchased $1B in stock and declared an $0.84 dividend while raising capex guidanc
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