HALISTER: ConocoPhillips 4Q Adj. Loss/Shr Narrower Than Est.

ConocoPhillips 4Q Adj. Loss/Shr Narrower Than Est.

(Bloomberg) -- ConocoPhillips 4Q adj loss/shr 26c, est. loss 41c; sees 2017 capex $5.0b, est. $5.07b.
  • Sees 2017 production 1.5-1.6mmboe/day vs 1.5mmboe/day in 2016 (ex. Libya)
  • Sees 2017 production and operating expenses $6.1b
  • Prelim. year-end 2016 proved reserves 6.4b boe; total reserve replacement ratio, including dispositions and market factors, is expected to be negative 194%
  • 4Q production excluding Libya 1.6mmboe/day, decrease of 12mboe/day vs y/y
  • Call 12pm, www.conocophillips.com/investor
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
COP US (ConocoPhillips)

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UUID: 7947283

HALISTER: Merck & Co. 4Q EPS Meets Est., Ending Streak of Beats

Merck & Co. 4Q EPS Meets Est., Ending Streak of Beats

(Bloomberg) -- Merck 4Q adj EPS 89c, est. 89c (range 84c-96c).
  • NOTE: Merck has beat EPS ests. every quarter since 1Q 2014 or 11 of past 12 quarters: Bloomberg data
  • 4Q rev. $10.12b, est. $10.23b (range $9.98b-$10.51b)
    • Januvia/Janumet $1.51b, est. $1.57b
    • Keytruda $483m, est. $467.4m
  • Sees 2017 adj EPS $3.72-$3.87, hurt by 2% on FX; may not compare to est. $3.84 (range $3.58-$4.20)
  • Sees 2017 rev. $38.6b-$40.1b at mid-Jan. exchange rates; may not compare to est. $40.02b (range $38.9b-$43.12b)
  • MRK has 15 buys, 7 holds, 1 sell, avg PT $68: Bloomberg data
  • Conf. call 8am, (877) 381-5782 pw 32136167; Preview
Statement link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
MRK US (Merck & Co Inc)

To de-activate this alert, click here

UUID: 7947283