Investing.com - ConocoPhillips (NYSE:COP) reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
ConocoPhillips announced earnings per share of $-0.31 on revenue of $4.38B. Analysts polled by Investing.com anticipated EPS of $-0.31 on revenue of $5.19B.
ConocoPhillips shares are down 55% from the beginning of the year and are trading at $28.79 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.25% from the start of the year.
ConocoPhillips follows other major Energy sector earnings this month
ConocoPhillips's report follows an earnings beat by Royal Dutch Shell ADR on Thursday, who reported EPS of $0.06 on revenue of $44.02B, compared to forecasts EPS of $0.04 on revenue of $46.36B.
BP ADR had beat expectations on Tuesday with third quarter EPS of $0.03 on revenue of $44.2B, compared to forecast for EPS of $-0.06 on revenue of $41.7B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar