ConocoPhillips Reports First-Quarter 2016 Results; Announces Revised 2016 Capital Expenditures Guidance
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ConocoPhillips (COP) Misses Q1 EPS by 9c; Reduces 2016 Capex
April 28, 2016 7:02 AM EDTConocoPhillips (NYSE: COP) reported Q1 EPS of ($0.95), $0.09 worse than the analyst estimate of ($0.86).
"We continue to safely deliver on our operational targets while taking steps to manage through this period of low prices, said Ryan Lance, chairman and chief executive officer. During the quarter, we took actions to conserve cash, improve liquidity and position the company for strong... More
