ConocoPhillips Reports Fourth-Quarter, Full-Year 2022 Results and 176% Preliminary Reserve Replacement Ratio; Announces 2023 Guidance and Planned Return of Capital of $11 Billion; Declares Quarterly D

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Go back to ConocoPhillips Reports Fourth-Quarter, Full-Year 2022 Results and 176% Preliminary Reserve Replacement Ratio; Announces 2023 Guidance and Planned Return of Capital of $11 Billion; Declares Quarterly D

ConocoPhillips (COP) Misses Q4 EPS by 1c

February 2, 2023 7:06 AM EST

ConocoPhillips (NYSE: COP) reported Q4 EPS of $2.71, $0.01 worse than the analyst estimate of $2.72.

Outlook:

The companys 2023 total capital expenditure guidance is $10.7 to $11.3 billion, which includes $9.1 to $9.3 billion for base capital and $1.6 to $2.0 billion for anticipated major project... More