Most major oil and gas companies are getting ready for the release of their second quarter earnings report.
One such firm is ConocoPhillips and it plans a release of the report before the market opens on August 7.
Later in the day at 11 a.m. central time, the firm’s executive leadership will hold a conference call webcast to discuss the results. The first quarter results, released in May, resulted in earnings per share of $2.23 and adjusted earnings per share of $2.09.
ConocoPhillips also reported it genereated cash provided by operating activities of $6.1 billion and cash from operations of $5.5 billion. The company also decided to lower full-year capital expenditures and adjusted operating cost guidance.
