ConocoPhillips (COP) Tops Q2 EPS by 30c
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ConocoPhillips Delivers Strong Second-Quarter 2021 Financial and Operational Results Following Recent 10-Year Market Update
August 3, 2021 7:00 AM EDT
Reported 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.
HOUSTON--(BUSINESS WIRE)-- 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... More
