ConocoPhillips (NYSE: COP) reported quarterly earnings of $1.78 per share which beat the analyst consensus estimate of $1.64 by 8.54 percent. This is a 17.59 percent decrease over earnings of $2.16 per share from the same period last year. The company reported quarterly sales of $13.604 billion which missed the analyst consensus estimate of $14.018 billion by 2.95 percent. This is a 8.49 percent decrease over sales of $14.866 billion the same period last year.