Summary
ConocoPhillips' Q3 EPS report was proof positive its strategic plan is working to perfection.
Led by the company's leading Eagle Ford position, it earned over half-a-billion bucks in the Lower 48 segment.
The Alaska segment also was very strong, delivering net income of $427 million, up more than 4x yoy.
COP is one of the highest quality global E&P companies in the energy sector and is a free cash flow cow at current oil and gas prices.
In honor of the 114th edition of the World Series, ConocoPhillips (COP) hit a grand slam when it released its Q3 EPS report this week. Much like the Boston Red Sox, there wasn't a weak batter (i.e. segment) in COP's line up, with the possible exception of Canada:
Source: Q3 Presentation
