BUZZ - ConocoPhillips shares rise as third-quarter profit beats expectations

November 5 - ** ConocoPhillips (COP.N) shares rose 1.2% premarket to $136.94

** The company's third-quarter adjusted profit beat (link) expectations, driven by stronger commodity prices and cost-cutting measures offsetting a decline in production

** Reported adjusted earnings per share of $3.27, higher than the analysts' expectation of $2.97 per share — data compiled by LSEG

** The company raised its quarterly dividend by 11%

** This quarter, COP's average realized price was $61.40 per barrel of oil equivalent, up 32% from the same period last year

** As of the previous trading day's close, the stock had risen 46.3% so far this year

(To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. As automated translation may contain errors or fail to capture the required context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for the convenience of readers. Reuters accepts no responsibility for any damage or losses caused by the use of the automated translation function.)