ConocoPhillips Reports First-Quarter 2021 Results; Declares Quarterly Dividend; Announces Debt-Reduction Plan and Intention to Begin Sales of Cenovus Shares with Proceeds to Fund Incremental Buybacks;

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Go back to ConocoPhillips Reports First-Quarter 2021 Results; Declares Quarterly Dividend; Announces Debt-Reduction Plan and Intention to Begin Sales of Cenovus Shares with Proceeds to Fund Incremental Buybacks;

ConocoPhillips (COP) Tops Q1 EPS by 18c

May 4, 2021 7:08 AM EDT

ConocoPhillips (NYSE: COP) reported Q1 EPS of $0.69, $0.18 better than the analyst estimate of $0.51.

Outlook:

Second-quarter 2021 production excluding Libya is expected to be 1.50 to 1.54 MMBOED, reflecting the impact of seasonal turnarounds planned in Europe and the Asia Pacific region. All other guidance items... More