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ConocoPhillips (COP) Stock Higher on Q3 Results, Outlook

NEW YORK (TheStreet) -- Shares of ConocoPhillips (COP) were up 5.24% to $43.99 in early-afternoon trading on Thursday after posting a narrower-than-expected loss for the 2016 third quarter and raising its outlook for the full year.

Before the market open, the Houston-based oil and natural gas producer reported an adjusted loss of 66 cents per share, narrower than the FactSet consensus of a loss of 68 cents per share.

Third-quarter production reached 1,557 million barrels oil equivalent...