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 Distribution

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Go back to 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 Distribution

ConocoPhillips (COP) Tops Q1 EPS by 57c

May 5, 2022 7:14 AM EDT

ConocoPhillips (NYSE: COP) reported Q1 EPS of $3.27, $0.57 better than the analyst estimate of $2.70.

Outlook:

Second-quarter 2022 production is expected to be 1.67 to 1.73 million barrels of oil equivalent per day (MMBOED), reflecting the impacts of seasonal turnarounds planned in... More