ConocoPhillips Raises Dividend 8% Despite Net Income Sliding 17%
ConocoPhillips (NYSE: COP | COP Price Prediction) beat adjusted earnings expectations in the third quarter, delivering $1.61 per share versus the $1.41 consensus. Revenue climbed to $15.52 billion, topping the $14.63 billion estimate. Yet the stock opened lower at $88.61 as investors weighed the results against a sharply lower reported EPS figure and the … Continue reading ConocoPhillips Raises Dividend 8% Despite Net Income Sliding 17%
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