ConocoPhillips Reports Third-Quarter 2020 Results and Operational Results

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Go back to ConocoPhillips Reports Third-Quarter 2020 Results and Operational Results

ConocoPhillips (COP) Misses Q3 EPS by 3c

October 29, 2020 7:07 AM EDT

ConocoPhillips (NYSE: COP) reported Q3 EPS of ($0.31), $0.03 worse than the analyst estimate of ($0.28).

Outlook

Fourth-quarter 2020 production is expected to be 1,125 to 1,165 MBOED, resulting in full-year 2020 production guidance of 1,115 to 1,125 MBOED. This guidance excludes Libya.

Operating plan capital for 2020 is expected to be $4.3 billion. This guidance... More