ConocoPhillips: Driving the Knife
July 30, 2015 at 11:42 AM EDT
Citigroup’s Alastair Syme and Fernando Valle note that ConocoPhillips (COP) “continues to drive the knife further on operational costs,” helping it to beat earnings forecasts today. They explain: Bloomberg News ConocoPhillips reported 2Q adjusted net income of $0.07/share; slightly higher than consensus and Citi estimates…ConocoPhillips continues to drive the knife further on operational costs, increasing 2015 [...]