Houston, Texas-based ConocoPhillips (COP) is one of the world’s largest independent E&P companies based on production and proven reserves. With a market cap of $110.9 billion, ConocoPhillips employs nearly 12,000 people and operates in 13 countries across the Americas, Indo-Pacific, and the EMEA region.
The energy giant is expected to announce its third-quarter earnings before the markets open on Thursday, Nov. 6. Ahead of the event, analysts expect COP to report an adjusted EPS of $1.38, marking a notable 22.4% plunge from $1.78 reported in the year-ago quarter. On a more positive note, the company has a robust earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters
