ConocoPhillips Q2 Production Outlook 1.91-1.95 MBOEPD
Portfolio Pulse from Benzinga Newsdesk
ConocoPhillips has projected its Q2 2024 production to be between 1.91 to 1.95 million barrels of oil equivalent per day, with all full-year guidance items remaining unchanged.

May 02, 2024 | 11:02 am
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ConocoPhillips expects its Q2 2024 production to range from 1.91 to 1.95 million barrels of oil equivalent per day, with no changes to its full-year guidance.
The announcement of ConocoPhillips' production outlook for Q2 2024 being within the range of 1.91 to 1.95 million barrels of oil equivalent per day, coupled with the stability of its full-year guidance, is likely to be viewed positively by investors. This projection indicates operational efficiency and a stable production outlook, which can lead to increased investor confidence in the company's ability to meet its production targets. The lack of changes to the full-year guidance suggests that the company is on track to meet its annual objectives, further reinforcing investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100