Android app on Google Play

ConocoPhillips (COP) Delivers Q1 Beat but Production Guidance Caps Gains

April 25, 2013 2:43 PM EDT Send to a Friend
Get Alerts COP Hot Sheet
Price: $80.56 +0.74%

Rating Summary:
    11 Buy, 9 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 24 | New: 21
Trade COP Now!
Join SI Premium – FREE
Wells Fargo today maintained an Outperform on ConocoPhillips (NYSE: COP) with a price target of $66-$72. This morning ConocoPhillips reported Q1 results.

Commenting on the quarter, analyst Roger D. Read said, "nice EPS beat on lower-costs while production was effectively as expected. Unfortunately, production guidance for the remainder of 2013 is slightly below our current estimate so we do not expect much follow-through unless we hear something more promising on the conference call."

For an analyst ratings summary and ratings history on ConocoPhillips (NYSE: COP) click here. For more ratings news on ConocoPhillips click here.

Shares of ConocoPhillips closed at $58.26 yesterday.




You May Also Be Interested In


Related Categories

Analyst Comments, Analyst EPS View

Related Entities

Wells Fargo

Add Your Comment