HOUSTON (AP) 鈥� HOUSTON (AP) 鈥� ConocoPhillips (COP) on Thursday reported second-quarter earnings of $3.93 billion.
On a per-share basis, the Houston-based company said it had net income of $3.23. Earnings, adjusted for non-recurring costs, were $3.24 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The energy company posted revenue of $19.52 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $17.54 billion.
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