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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Wednesday, June 12, 2024

ConocoPhilips Valuation


ConocoPhilips is undervalued according to Wolfteam Ltd.'s projections and estimates.

With 57.86 billion USD revenue declining with 28.19 %, net profit margin of 18.94 %, ConocoPhilips' intrinsic worth is 182 billion USD, compared to ConocoPhilips' market capitalization of 130.7 billion USD, in Wolfteam Ltd.'s view.

Here is an excerpt from ConocoPhilips' first quarter 2024 financial report.

 HOUSTON-May 2, 2024--ConocoPhillips (NYSE: COP) today reported first-quarter 2024 earnings of $2.6 billion,
or $2.15 per share, compared with first-quarter 2023 earnings of $2.9 billion, or $2.38 per share. Excluding
special items, first-quarter 2024 adjusted earnings were $2.4 billion, or $2.03 per share, compared with first-
quarter 2023 adjusted earnings of $2.9 billion, or $2.38 per share. Special items for the current quarter
consisted of a benefit related to an investment tax incentive and a gain on an asset sale.

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