How Has ConocoPhillips’ Revenue And EBITDA Changed Over The Last Five Years?
The commodity downturn that began in mid-July 2014 has severely hit the revenues and profitability of independent exploration and production (E&P) companies such as ConocoPhillips (NYSE:BHI). The US-based company’s revenue dropped almost 50% over the last five years, largely due to lower price realizations and restricted production owing to the ongoing oil slump. Further, the company’s EBITDA declined close to 65% over the same period, as the company had to take one-time impairment charges on its assets due to the deteriorating commodity prices.
Have more questions about ConocoPhillips (NYSE:COP)? See the links below:
- Weak Commodity Prices Drive Down ConocoPhillips’ 1Q’16 Earnings; Company Cut Capex Guidance To $5.7 Billion
- ConocoPhillips’ 1Q’16 Results To Remain Weak As The Commodity Downturn Deepens
- How Has ConocoPhillips’ Production Mix And Price Realizations Changed Over The Last 6 Years?
- How Will ConocoPhillips’ Revenue Move If Crude Oil Prices Rebound To $100 Per Barrel By 2018?
- How Will ConocoPhillips’ Revenue Move If Crude Oil Price Average At $50 Per Barrel In 2018?
- What Is ConocoPhillips’ Fundamental Value Based On 2016 Estimated Numbers?
- What Is ConocoPhillips’ Revenue And EBITDA Breakdown?
- How Has ConocoPhillips’ Revenue And EBITDA Composition Changed Over The Last 6 Years?
- Up 15% In Last Six Months, Will ConocoPhillips Stock Continue To Grow Post Q3?
- ConocoPhillips Q2 Earnings: What Are We Watching?
- What’s Next For ConocoPhillips Stock?
- ConocoPhillips Stock To Likely Trade Higher Post Q4
- This Stock Appears To Be A Better Bet Than EOG Resources
- Earnings Beat In The Cards For ConocoPhillips Stock?
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for ConocoPhillips
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