ConocoPhillips remains an excellent value in the oil patch.
These energy stocks offer high yielding payouts that they're growing at high rates.
As COP is all set to acquire MRO, a major layoff of about 500 employees is announced in Houston to reduce costs and improve performance.
This ETF can help investors find reasonably priced growth stocks.
Analysts expressed views on ConocoPhillips' COP mixed third-quarter results.
Investors may keep a tab on stocks like COP, BERY, HII, ABBV and ASB, which have lately hiked their dividend payments.
ConocoPhillips (NYSE:COP ) Q3 2024 Earnings Conference Call October 31, 2024 12:00 PM ET Company Particiapants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman and CEO Bill Bulloc
ConocoPhillips (COP) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $2.16 per share a year ago.
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.

ConocoPhillips' quarterly profit beats estimates

07:08am, Thursday, 31'st Oct 2024
ConocoPhillips posted a third-quarter profit that beat Wall Street estimates on Thursday, as the Texas-based oil and gas producer benefited from higher production.
HOUSTON--(BUSINESS WIRE)--ConocoPhillips today reported 3Q2024 earnings of $2.1 billion, or $1.76 per share, compared with 3Q2023 earnings of $2.8 billion, or $2.32 per share.
Marathon Oil Corp , which is being acquired by larger rival ConocoPhillips , this week said it would dismiss 500 workers in Texas, according to a filing with the Texas Workforce Commission.
ConocoPhillips is exploring a sale of some of its shale operations in the Permian Basin worth more than $1 billion, two years after an unsuccessful attempt to find a buyer for the same assets, people
ConocoPhillips (COP) reachead $104.56 at the closing of the latest trading day, reflecting a +0.18% change compared to its last close.
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