- Conoco’s fourth quarter adjusted Earnings Per Share (EPS) was reported at $1.98, surpassing estimates of $1.83.
- The company’s adjusted net income for the quarter reached $2.41 billion, beating the anticipated $2.21 billion.
- Conoco’s production for the period was 2,183 thousand barrels of oil equivalent per day (MBOED).
- Cash flow from operations was reported at $4.46 billion, which fell short of the estimated $4.94 billion.
- The average total realized price of oil per barrel stood at $52.37.
- For 2025, Conoco has provided guidance indicating full-year capital expenditure of approximately $12.9 billion.
- The company projects its 2025 production to be between 2.34 and 2.38 million barrels of oil equivalent per day (MMBOED), factoring in 20 MBOED from planned turnarounds.
- In terms of stock ratings, there are 30 buys, 4 holds, and no sell recommendations for Conoco.
Conocophillips on Smartkarma
Analysts on Smartkarma are optimistic about ConocoPhillips, with various reports highlighting positive developments. Baptista Research delves into the company’s robust third-quarter earnings, surpassing production targets and outlining strategic plans, showing a commitment to bolstering market position and rewarding shareholders.
Meanwhile, Value Investors Club emphasizes the significance of long-term projects for E&P companies like ConocoPhillips, underlining their potential for outperformance and value creation. Brian Freitas explores the impact of proposed index weighting changes, with ConocoPhillips expected to see significant inflows, further indicating positive sentiment towards the company’s future prospects and market performance.
A look at Conocophillips Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ConocoPhillips, a global player in the energy sector, is positioned for a promising long-term outlook according to the Smartkarma Smart Scores. With a solid score in Dividend and Growth factors, the company demonstrates strong potential for generating returns for investors while maintaining stability and steady expansion. Additionally, ConocoPhillips shows positive Momentum, indicating a favorable market sentiment towards its future prospects.
With a well-balanced profile across various key factors, including Value and Resilience, ConocoPhillips showcases a resilient business model and a favorable valuation, pointing towards a sound investment choice for those eyeing long-term growth opportunities in the energy industry. Overall, ConocoPhillips’ favorable Smartkarma Smart Scores suggest a bright future ahead, underlining its position as a robust and reliable player in the global energy market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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