3 Critical Things Investors Should Watch for in ConocoPhillips' Earnings

By Tyler Crowe – Jan 27, 2014 at 2:14PM

NYSE: COP

ConocoPhillips

Market Cap

$152B

Today's Change

(0.30%) $0.39

Current Price

$130.50

Price as of April 26, 2024, 3:56 p.m. ET

With 2014 looking to be the year that Conocophillips starts to see headwinds from its turnaround, here are three things investors should keep a watchful eye on.

Even though Warren Buffett may be winding down his stake in ConocoPhillips (COP 0.30%) for ExxonMobil (XOM -2.79%), that doesn't mean investors should shy away from this company. After a couple of years of major asset sales and the spinoff of its refining arm in Phillips 66 (NYSE: PSX), the future could be a very promising one.

One way investors can get a gauge on how Conocopillips will perform in 2014 is to look at its quarterly earnings, which are slated to come out January 30th. Of everything that will be thrown out during this release, there are three key items investors should look for. One of those is how the company plans to start drilling shale in the Permain Basin. With potentially 50 billion barrels of shale oil in the region, Conocophillips is extremely well positioned to capture a large share. To find out what else investors should look for, tune into the video below.

Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.com under the handle TMFDirtyBird, on Google+, or on Twitter, @TylerCroweFool.

The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.