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More on ConocoPhillips (COP): Q4 EPS beat by a penny as an overall increase in production Y/Y...

More on ConocoPhillips (COP): Q4 EPS beat by a penny as an overall increase in production Y/Y managed to offset margin pressures to its bottom line. Net earnings cratered 58%, as commodity prices fell and the company was hit by lower average realized prices for oil and natural gas, falling 2.7% and 1.5%, respectively. Production from continuing operations edged up 1.8%, primarily due to new production from major projects and drilling programs, as well as higher production in Libya and China. Shares -0.9% AH.
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Comments (2)
  • wigit5
    , contributor
    Comments (4133) | Send Message
     
    sounds like a good time to buy if this dips a few dollars that divi is nice and it's a solid company.
    30 Jan 2013, 09:07 PM Reply Like
  • freebra
    , contributor
    Comments (262) | Send Message
     
    I agree ! Long on COP.
    30 Jan 2013, 09:09 PM Reply Like
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