ConocoPhillips shares up 1.4% premarket after profit beat

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ConocoPhillips shares up 1.4% premarket after profit beat
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ConocoPhillips shares rose 1.4% premarket Tuesday, after the oil company posted better-than-expected profit for the first quarter. Houston, Tx.-based Conoco...

ConocoPhillips shares COP, -0.21% rose 1.4% premarket Tuesday, after the oil company posted better-than-expected profit for the first quarter. Houston, Tx.-based Conoco said it had net income of $1.8 billion, or $1.60 a share, in the quarter, up from $0.9 billion, or 75 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.00, ahead of the 91 cents FactSet consensus.

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