secwatch.observer — SEC 8-K summary
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Issuer:     CONOCOPHILLIPS (COP)
CIK:        0001163165
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001157523-22-000566
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConocoPhillips Q1 EPS $4.39 vs $0.75 YoY; boosts 2022 capital return to $10B
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- Q1 earnings $5.8B ($4.39 EPS) vs $1.0B ($0.75 EPS) last year; adjusted EPS $3.27 vs $0.69.
- Increases planned 2022 return of capital to $10B, up $2B; declares $0.46 ordinary dividend and $0.70 VROC.
- Production 1,747 MBOED, up 220 MBOED YoY; CFO $7.0B.
- Raises 2022 operating capital guidance to $7.8B from $7.2B due to inflation and partner spend.
- Closes $1.4B APLNG stake purchase; divests $1.4B noncore assets; reduces debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163165/000115752322000566/0001157523-22-000566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163165/000115752322000566/a52707191.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000566

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