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ConocoPhillips (COP) Reports Earnings Tomorrow: What To Expect
ConocoPhillips (COP) is set to announce its earnings tomorrow, with analysts expecting a 16.2% year-on-year revenue decline. Last quarter, ConocoPhillips beat revenue estimates but missed EPS, reporting $14.19 billion in revenue and 1.12 million oil production. The article notes that ConocoPhillips has missed Wall Street’s revenue estimates multiple times in the past two years, and its share price is down 4.8% over the last month, heading into earnings with an average analyst price target of $140.12 against a current share price of $125.69.