ConocoPhillips (COP) Tops Q4 EPS by 11c

ConocoPhillips (NYSE: COP) reported Q4 EPS of $2.27, $0.11 better than the analyst estimate of $2.16.

• In addition, ConocoPhillips today announced a $1 billion increase in expected 2022 return of capital to shareholders to a new total of $8 billion, an increase of more than 30% over 2021. The company declared both an ordinary dividend of 46 cents per share and a second-quarter variable return of cash (VROC) payment of 30 cents per share, a 50% increase over the first-quarter VROC. Combined, the targeted 2022 ordinary dividend and VROC represent a more than 50% increase in cash return to shareholders compared to 2021.

For earnings history and earnings-related data on ConocoPhillips (COP) click here.

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