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COP - Earnings announcements
ConocoPhillips (COP) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for COP
- ConocoPhillips announces first-quarter 2026 results and quarterly dividendReported first-quarter 2026 earnings per share of $1.78 and adjusted earnings per share of $1.89. Generated cash provided by operating activities of $4.3 billion and cash from operations (CFO) of $5.4 billion. Declared second-quarter ordinary dividend of $0.84 per share. Updated full-year production and capital guidance; operating cost guidance unchanged. ConocoPhillips (NYSE:COP) today reported first-quarter 2026 earnings of $2.2 billion, or $1.78 per share, compared with first-quarter 2025 earnings of $2.8 billion, or $2.23 per share. Excluding special items, first-quarter 2026 adjusted earnings were $2.3 billion, or $1.89 per share, compared with first-quarter 2025 adjusted
- ConocoPhillips to hold first-quarter earnings conference call on Thursday, April 30ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, April 30, 2026, at 12:00 p.m. Eastern time to discuss first-quarter 2026 financial and operating results. The company's financial and operating results will be released before the market opens on April 30. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips As a l
- ConocoPhillips reports fourth-quarter and full-year 2025 results; announces 2026 guidance and quarterly dividendReported fourth-quarter 2025 earnings per share of $1.17 and adjusted earnings per share of $1.02. Provided 2026 guidance, including full-year capital expenditures of approximately $12 billion and full-year adjusted operating costs of $10.2 billion. Declared first-quarter 2026 ordinary dividend of $0.84 per share. ConocoPhillips (NYSE:COP) today reported fourth-quarter 2025 earnings of $1.4 billion, or $1.17 per share, compared with fourth-quarter 2024 earnings of $2.3 billion, or $1.90 per share. Excluding special items, fourth-quarter 2025 adjusted earnings were $1.3 billion, or $1.02 per share, compared with fourth-quarter 2024 adjusted earnings of $2.4 billion, or $1.98 per sh
- ConocoPhillips to hold fourth-quarter earnings conference call on Thursday, Feb. 5ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Feb. 5, 2026, at 12:00 p.m. Eastern time to discuss fourth-quarter 2025 financial and operating results as well as 2026 guidance items. The company's financial and operating results will be released before the market opens on Feb. 5. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- Abou
- ConocoPhillips to hold third-quarter earnings conference call on Thursday, Nov. 6ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Nov. 6, 2025, at 12:00 p.m. Eastern time to discuss third-quarter 2025 financial and operating results. The company's financial and operating results will be released before the market opens on Nov. 6. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips As a lead
- ConocoPhillips announces second-quarter 2025 results and quarterly dividendReported second-quarter 2025 earnings per share of $1.56 and adjusted earnings per share of $1.42. Generated cash provided by operating activities of $3.5 billion and cash from operations (CFO) of $4.7 billion. Declared third-quarter ordinary dividend of $0.78 per share. Completed the asset integration of Marathon Oil and remain on track for more than $1 billion of synergies on a run-rate basis by year-end 2025 and over $1 billion of one-time benefits. Announced incremental cost reductions and margin enhancements of more than $1 billion anticipated on a run-rate basis by year-end 2026. Signed an agreement to sell Anadarko Basin assets for $1.3 billion, expected to close at t
- ConocoPhillips to Hold Second-Quarter Earnings Conference Call on Thursday, Aug. 7ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Aug. 7, 2025, at 12:00 p.m. Eastern time to discuss second-quarter 2025 financial and operating results. The company's financial and operating results will be released before the market opens on Aug. 7. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips As a lead
- ConocoPhillips announces first-quarter 2025 results and quarterly dividendReported first-quarter 2025 earnings per share of $2.23 and adjusted earnings per share of $2.09. Generated cash provided by operating activities of $6.1 billion and cash from operations (CFO) of $5.5 billion. Lowered both full-year capital expenditures and adjusted operating cost guidance while maintaining full-year production guidance. Declared second-quarter ordinary dividend of $0.78 per share. ConocoPhillips (NYSE:COP) today reported first-quarter 2025 earnings of $2.8 billion, or $2.23 per share, compared with first-quarter 2024 earnings of $2.6 billion, or $2.15 per share. Excluding special items, first-quarter 2025 adjusted earnings were $2.7 billion, or $2.09 per share, co
- ConocoPhillips to Hold First-Quarter Earnings Conference Call on Thursday, May 8ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, May 8, 2025, at 12:00 p.m. Eastern time to discuss first-quarter 2025 financial and operating results. The company's financial and operating results will be released before the market opens on May 8. To access the webcast, visit ConocoPhillips' Investor Relations site, http://www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips Conoco
- ConocoPhillips reports fourth-quarter and full-year 2024 results; announces 2025 guidance and quarterly dividendCompleted the acquisition of Marathon Oil, adding high-quality, low cost of supply inventory adjacent to the company's leading U.S. unconventional position. Reported fourth-quarter 2024 earnings per share of $1.90 and adjusted earnings per share of $1.98. Delivered 2024 preliminary reserve replacement ratio of 244% and preliminary organic reserve replacement ratio of 123%. Announced planned 2025 return of capital target of $10 billion at current commodity prices and declared first-quarter 2025 ordinary dividend of $0.78 per share. Provided 2025 guidance including full-year capital of approximately $12.9 billion. ConocoPhillips (NYSE:COP) today reported fourth-quarter 2024 ea
- ConocoPhillips to Hold Fourth-Quarter Earnings Conference Call on Thursday, Feb. 6ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Feb. 6, 2025, at 12:00 p.m. Eastern time to discuss fourth-quarter 2024 financial and operating results as well as 2025 guidance items. The company's financial and operating results will be released before the market opens on Feb. 6. The accounting close date for the recently acquired Marathon Oil will be Dec. 1, 2024. To access the webcast, visit ConocoPhillips' Investor Relations site, http://www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available f
- ConocoPhillips announces third-quarter 2024 results, increases quarterly ordinary dividend and existing share repurchase authorizationReported third-quarter 2024 earnings per share of $1.76 and adjusted earnings per share of $1.78. Generated cash provided by operating activities of $5.8 billion and cash from operations (CFO) of $4.7 billion. Raised ordinary dividend by 34% to $0.78 per share and increased existing share repurchase authorization by up to $20 billion. ConocoPhillips (NYSE:COP) today reported third-quarter 2024 earnings of $2.1 billion, or $1.76 per share, compared with third-quarter 2023 earnings of $2.8 billion, or $2.32 per share. Excluding special items, third-quarter 2024 adjusted earnings were $2.1 billion, or $1.78 per share, compared with third-quarter 2023 adjusted earnings of $2.6 billion, o
- ConocoPhillips to hold third-quarter earnings conference call on Thursday, Oct. 31ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Oct. 31, 2024, at 12:00 p.m. Eastern time to discuss third-quarter 2024 financial and operating results. The company's financial and operating results will be released before the market opens on Oct. 31. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips ConocoPhilli
- ConocoPhillips announces second-quarter 2024 results, quarterly dividend and VROCReported second-quarter 2024 earnings per share and adjusted earnings per share of $1.98. Generated cash provided by operating activities of $4.9 billion and cash from operations (CFO) of $5.1 billion. Declared ordinary dividend of $0.58 per share and variable return of cash (VROC) of $0.20 per share payable in the third quarter. ConocoPhillips (NYSE:COP) today reported second-quarter 2024 earnings and adjusted earnings of $2.3 billion, or $1.98 per share, compared with second-quarter 2023 earnings and adjusted earnings of $2.2 billion, or $1.84 per share. "In the second quarter, we continued to deliver on our returns-focused value proposition, achieving record production and ad
- ConocoPhillips to hold second-quarter earnings conference call on Thursday, Aug. 1ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Aug. 1, 2024, at 12:00 p.m. Eastern time to discuss second-quarter 2024 financial and operating results. The company's financial and operating results will be released before the market opens on Aug. 1. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips ConocoPhi
- ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution updateAcquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction. Independent of the transaction, ConocoPhillips expects to increase its ordinary base dividend by 34% to 78 cents per share starting in the fourth quarter of 2024. Upon closing of the transaction, ConocoPhillips expects share buybacks to be over $20 billion in the first three years, with over $7 billion in the first full year, at recent commodity prices. ConocoPhillips (NYSE:COP) and M
- ConocoPhillips announces first-quarter 2024 results, quarterly dividend and VROCReported first-quarter 2024 earnings per share of $2.15 and adjusted earnings per share of $2.03. Generated cash provided by operating activities of $5.0 billion and cash from operations (CFO) of $5.1 billion. Declared ordinary dividend of $0.58 per share and variable return of cash (VROC) of $0.20 per share payable in the second quarter. ConocoPhillips (NYSE:COP) today reported first-quarter 2024 earnings of $2.6 billion, or $2.15 per share, compared with first-quarter 2023 earnings of $2.9 billion, or $2.38 per share. Excluding special items, first-quarter 2024 adjusted earnings were $2.4 billion, or $2.03 per share, compared with first-quarter 2023 adjusted earnings of $2.9 bil
- ConocoPhillips to hold first-quarter earnings conference call on Thursday, May 2ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, May 2, 2024, at 12:00 p.m. Eastern time to discuss first-quarter 2024 financial and operating results. The company's financial and operating results will be released before the market opens on May 2. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips ConocoPhilli
- ConocoPhillips reports fourth-quarter and full-year 2023 results, 123% preliminary reserve replacement ratio; announces 2024 guidance and planned return of capital of $9B; declares quarterly ordinary dividend and variable return of cash distributionConocoPhillips (NYSE:COP) today reported fourth-quarter 2023 earnings of $3.0 billion, or $2.52 per share, compared with fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share. Excluding special items, fourth-quarter 2023 adjusted earnings were $2.9 billion, or $2.40 per share, compared with fourth-quarter 2022 adjusted earnings of $3.4 billion, or $2.71 per share. Special items for the current quarter were comprised of a benefit related to the reversal of a tax reserve, partially offset by a loss on foreign exchange contracts. Full-year 2023 earnings were $11.0 billion, or $9.06 per share, compared with full-year 2022 earnings of $18.7 billion, or $14.57 per share. Excluding sp
- ConocoPhillips to Hold Fourth-Quarter Earnings Conference Call on Thursday, Feb. 8ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Feb. 8, 2024, at 12:00 p.m. Eastern time to discuss fourth-quarter 2023 financial and operating results as well as 2024 guidance items. The company's financial and operating results will be released before the market opens on Feb. 8. To access the webcast, visit ConocoPhillips' Investor Relations site, http://www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # #
- ConocoPhillips Reports Third-Quarter 2023 Results; Announces 14% Increase in Quarterly Ordinary DividendConocoPhillips (NYSE:COP) today reported third-quarter 2023 earnings of $2.8 billion, or $2.32 per share, compared with third-quarter 2022 earnings of $4.5 billion, or $3.55 per share. Excluding special items, third-quarter 2023 adjusted earnings were $2.6 billion, or $2.16 per share, compared with third-quarter 2022 adjusted earnings of $4.6 billion, or $3.60 per share. Special items for the current quarter were primarily comprised of a benefit related to the reversal of a tax reserve and a gain associated with the divestiture of a Lower 48 equity investment. "ConocoPhillips continues to execute well on our returns-focused value proposition," said Ryan Lance, chairman and chief executive
- ConocoPhillips to Hold Third-Quarter Earnings Conference Call on Thursday, Nov. 2ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Nov. 2, 2023, at 12:00 p.m. Eastern time to discuss third-quarter 2023 financial and operating results. The company's financial and operating results will be released before the market opens on Nov. 2. To access the webcast, visit ConocoPhillips' Investor Relations site, http://www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips Con
- ConocoPhillips Reports Second-Quarter 2023 Results; Raises Full-Year Production Guidance and Declares Quarterly Dividend and Variable Return of Cash DistributionConocoPhillips (NYSE:COP) today reported second-quarter 2023 earnings and adjusted earnings of $2.2 billion, or $1.84 per share, compared with second-quarter 2022 earnings of $5.1 billion, or $3.96 per share, and second-quarter 2022 adjusted earnings of $5.1 billion, or $3.91 per share. "The second quarter demonstrated our strong underlying performance and commitment to advancing the returns-focused value proposition we shared at our Analyst & Investor Meeting in April," said Ryan Lance, chairman and chief executive officer. "We achieved record production and increased our full-year production guidance for the second consecutive quarter. We executed an agreement to purchase the remaining
- ConocoPhillips to Hold Second-Quarter Earnings Conference Call on Thursday, Aug 3ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Aug. 3, 2023, at 12:00 p.m. Eastern time to discuss second-quarter 2023 financial and operating results. The company's financial and operating results will be released before the market opens on Aug. 3. To access the webcast, visit ConocoPhillips' Investor Relations site, http://www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips Conoco
- ConocoPhillips Reports First-Quarter 2023 Results; Raises Full-Year Production Guidance Midpoint and Declares Quarterly Dividend and Variable Return of Cash DistributionConocoPhillips (NYSE:COP) today reported first-quarter 2023 earnings and adjusted earnings of $2.9 billion, or $2.38 per share, compared with first-quarter 2022 earnings of $5.8 billion, or $4.39 per share, and first-quarter 2022 adjusted earnings of $4.3 billion, or $3.27 per share. "Our first quarter results are a clear demonstration of the durable, returns-focused value proposition that we laid out at our recent analyst and investor meeting," said Ryan Lance, chairman and chief executive officer. "We achieved record production, advanced our joint venture at Port Arthur LNG, received a favorable record of decision for the Willow project in Alaska and announced plans to assume upstream o
- ConocoPhillips to Hold First-Quarter Earnings Conference Call on Thursday, May 4ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, May 4, 2023, at 12:00 p.m. Eastern time to discuss first-quarter 2023 financial and operating results. The company's financial and operating results will be released before the market opens on May 4. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips ConocoPhillips i
- ConocoPhillips Reports Fourth-Quarter, Full-Year 2022 Results and 176% Preliminary Reserve Replacement Ratio; Announces 2023 Guidance and Planned Return of Capital of $11 Billion; Declares Quarterly Dividend and Variable Return of Cash DistributionConocoPhillips (NYSE:COP) today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share, compared with fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share. Excluding special items, fourth-quarter 2022 adjusted earnings were $3.4 billion, or $2.71 per share, compared with fourth-quarter 2021 adjusted earnings of $3.0 billion, or $2.27 per share. Special items for the current quarter were primarily driven by impairment of certain aged, suspended wells and corporate expenses. Full-year 2022 earnings were $18.7 billion, or $14.57 per share, compared with full-year 2021 earnings of $8.1 billion, or $6.07 per share. Excluding special items, full-year 2022 adjusted
- ConocoPhillips to Hold Fourth-Quarter Earnings Conference Call on Thursday, Feb. 2ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Feb. 2, 2023, at 12:00 p.m. Eastern time to discuss fourth-quarter 2022 financial and operating results as well as 2023 guidance items. The company's financial and operating results will be released before the market opens on Feb. 2. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- Abou
- ConocoPhillips Reports Third-Quarter 2022 Results; Announces 11% Increase to Quarterly Ordinary Dividend, Declares Variable Return of Cash Distribution and Increases Existing Share Repurchase Authorization by $20 BillionConocoPhillips (NYSE:COP) today reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion, or $1.78 per share. Excluding special items, third-quarter 2022 adjusted earnings were $4.6 billion, or $3.60 per share, compared with third-quarter 2021 adjusted earnings of $2.4 billion, or $1.77 per share. Special items for the current quarter were primarily driven by a loss on asset sales. "We continue to deliver competitive returns, meet global energy needs and reduce our emissions consistent with our Triple Mandate. ConocoPhillips distributed $4.3 billion to our shareholders in the third quarter and announced an increase
- ConocoPhillips to Hold Third-Quarter Earnings Conference Call on Thursday, Nov. 3ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Nov. 3, 2022, at 12:00 p.m. Eastern time to discuss third-quarter 2022 financial and operating results. The company's financial and operating results will be released before the market opens on Nov. 3. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips ConocoPhillips
- ConocoPhillips Reports Second-Quarter 2022 Results; Announces Increase in Planned 2022 Return of Capital to $15 Billion and Declares Quarterly Dividend and Variable Return of Cash DistributionConocoPhillips (NYSE:COP) today reported second-quarter 2022 earnings of $5.1 billion, or $3.96 per share, compared with second-quarter 2021 earnings of $2.1 billion, or $1.55 per share. Excluding special items, second-quarter 2022 adjusted earnings were $5.1 billion, or $3.91 per share, compared with second-quarter 2021 adjusted earnings of $1.7 billion, or $1.27 per share. Special items for the current quarter were comprised of gains on asset sales including contingent payments related to prior dispositions, partially offset by a loss on debt extinguishment and a Norway tax reform-related adjustment. In addition, ConocoPhillips today announced a $5 billion increase in planned 2022 return
- ConocoPhillips to Hold Second-Quarter Earnings Conference Call on Thursday, Aug. 4ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Aug. 4, 2022, at 12:00 p.m. Eastern time to discuss second-quarter 2022 financial and operating results. The company's financial and operating results will be released before the market opens on Aug. 4. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips ConocoPhillip
- ConocoPhillips Reports First-Quarter 2022 Results; Announces Increase in Planned 2022 Return of Capital to $10 Billion and Declares Quarterly Dividend and Variable Return of Cash DistributionConocoPhillips (NYSE:COP) today reported first-quarter 2022 earnings of $5.8 billion, or $4.39 per share, compared with first-quarter 2021 earnings of $1.0 billion, or $0.75 per share. Excluding special items, first-quarter 2022 adjusted earnings were $4.3 billion, or $3.27 per share, compared with first-quarter 2021 adjusted earnings of $0.9 billion, or $0.69 per share. Special items for the current quarter were primarily comprised of a tax benefit related to closure of an audit, a gain associated with the Indonesia divestiture and a gain on Cenovus Energy (CVE) equity. In addition, ConocoPhillips today announced a $2 billion increase in expected 2022 returns of capital to $10 billion. Th
- ConocoPhillips to Hold First-Quarter Earnings Conference Call on Thursday, May 5ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, May 5, 2022, at 12:00 p.m. Eastern time to discuss first-quarter 2022 financial and operating results. The company's financial and operating results will be released before the market opens on May 5. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day, with a transcript available the following day. --- # # # --- About ConocoPhillips ConocoPhillips i
- ConocoPhillips Reports Fourth-Quarter and Full-Year 2021 Results; Increases Planned 2022 Return of Capital to $8 Billion and Declares Quarterly Dividend and Variable Return of Cash DistributionConocoPhillips (NYSE:COP) today reported fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share, compared with a fourth-quarter 2020 loss of $0.8 billion, or ($0.72) per share. Excluding special items, fourth-quarter 2021 adjusted earnings were $3.0 billion, or $2.27 per share, compared with a fourth-quarter 2020 adjusted loss of $0.2 billion, or ($0.19) per share. Special items for the current quarter were primarily comprised of non-cash impairments related to the company's existing investment in APLNG and noncore assets in Lower 48, partially offset by a gain on Cenovus Energy (CVE) equity. Full-year 2021 earnings were $8.1 billion, or $6.07 per share, compared with a full-year
- ConocoPhillips to Hold Fourth-Quarter Earnings Conference Call on Thursday, Feb. 3ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Feb. 3, 2022, at 12:00 p.m. Eastern time to discuss fourth-quarter 2021 financial and operating results. The company's financial and operating results will be released before the market opens on Feb. 3. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day. A transcript will be available on the Investor Relations site. --- # # # --- About ConocoPhillip
- ConocoPhillips Announces Third-Quarter 2021 Financial and Operational ResultsConocoPhillips (NYSE:COP) today reported third-quarter 2021 earnings of $2.4 billion, or $1.78 per share, compared with a third-quarter 2020 loss of $0.5 billion, or ($0.42) per share. Excluding special items, third-quarter 2021 adjusted earnings were $2.4 billion, or $1.77 per share, compared with a third-quarter 2020 adjusted loss of $0.3 billion, or ($0.31) per share. Special items for the current quarter included a contingent payment from Cenovus associated with the 2017 Canadian disposition and a non-cash impairment credit, partially offset by a loss on asset sales and transaction and restructuring expenses. "This third quarter was very significant for ConocoPhillips," said Ryan Lance
- ConocoPhillips to Hold Third-Quarter Earnings Conference Call on Tuesday, Nov. 2ConocoPhillips (NYSE:COP) will host a conference call webcast on Tuesday, Nov. 2, 2021, at 12:00 p.m. Eastern time to discuss third-quarter 2021 financial and operating results. The company's financial and operating results will be released before the market opens on Nov. 2. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available for replay later the same day. A transcript will be available on the Investor Relations site. --- # # # --- About ConocoPhillips
- ConocoPhillips Announces Significant Enhancement to Multi-Year Plan with All-Cash Permian Asset Acquisition; Increases Ordinary Dividend; Improves 2030 Emissions Intensity Reduction TargetConocoPhillips (NYSE:COP) today announced several actions to further enhance its compelling, distinctive investment proposition. The actions are consistent with the company's financial framework, its stated capital allocation priorities and its commitment to playing a valued role in the energy transition. Materials describing today's actions are provided at www.conocophillips.com/investor. The actions include: A complementary, highly accretive acquisition of Shell Enterprises LLC's prolific Delaware basin position for $9.5 billion in cash. The assets include ~225,000 net acres and producing properties located entirely in Texas, as well as over 600 miles of operated crude, gas and water pi
- ConocoPhillips Delivers Strong Second-Quarter 2021 Financial and Operational Results Following Recent 10-Year Market UpdateReported earnings of $2.1 billion; adjusted earnings of $1.7 billion. Generated cash provided by operating activities of $4.3 billion; cash from operations of $4.0 billion. Produced 1,547 MBOED excluding Libya. ConocoPhillips (NYSE:COP) today reported second-quarter 2021 earnings of $2.1 billion, or $1.55 per share, compared with second-quarter 2020 earnings of $0.3 billion, or $0.24 per share. Excluding special items, second-quarter 2021 adjusted earnings were $1.7 billion, or $1.27 per share, compared with a second-quarter 2020 adjusted loss of $1.0 billion, or ($0.92) per share. Special items for the current quarter included a gain on Cenovus Energy shares and a contingent payment from