earnings
confidence high
sentiment positive
materiality 0.90
ConocoPhillips Q3 2021 EPS $1.78 vs loss a year ago; announces $9.5B Permian acquisition
CONOCOPHILLIPS
2021-Q3 EPS reported
$4.09
revenue$32,386,000,000
- Earnings of $2.4B ($1.78/sh) vs Q3 2020 loss of $0.5B; adjusted EPS $1.77.
- Production excl. Libya 1,507 MBOED; total realized price $56.92/BOE, up 84% YoY.
- Cash from ops $4.8B; free cash flow $2.8B; share repurchases $1.2B in Q3.
- Quarterly dividend raised 7% to $0.46/sh.
- Announced $9.5B cash acquisition of Shell's Permian properties, expected Q4 close.