Investing.com - ConocoPhillips (NYSE:COP) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ConocoPhillips announced earnings per share of $-0.92 on revenue of $4.02B. Analysts polled by Investing.com anticipated EPS of $-0.57 on revenue of $4.23B.
ConocoPhillips shares are down 38% from the beginning of the year and are trading at $39.94 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.86% from the start of the year.
ConocoPhillips follows other major Energy sector earnings this month
ConocoPhillips's report follows an earnings missed by Royal Dutch Shell ADR on Thursday, who reported EPS of $-2.33 on revenue of $32.5B, compared to forecasts EPS of $-0.2 on revenue of $54.33B.
Total ADR had beat expectations on Thursday with second quarter EPS of $0.02 on revenue of $21.56B, compared to forecast for EPS of $-0.12 on revenue of $24.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar