ConocoPhillips Reports Third-Quarter 2022 Results; Announces 11% Increase to Quarterly Ordinary Dividend, Declares Variable Return of Cash Distribution and Increases Existing Share Repurchase Authoriz

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Go back to ConocoPhillips Reports Third-Quarter 2022 Results; Announces 11% Increase to Quarterly Ordinary Dividend, Declares Variable Return of Cash Distribution and Increases Existing Share Repurchase Authoriz

ConocoPhillips (COP) Misses Q3 EPS by 12c

November 3, 2022 7:07 AM EDT

ConocoPhillips (NYSE: COP) reported Q3 EPS of $3.60, $0.12 worse than the analyst estimate of $3.72.

Outlook:

Fourth-quarter 2022 production is expected to be 1.74 to 1.80 million barrels of oil equivalent per day (MMBOED). The companys full-year expected production remains unchanged at 1.74 MMBOED.

The... More